🔥 SHIBA INU Trending Down, Breakout May Be Near

Shiba Inu is currently in a descending channel (Bull-Flag). It could test the green area in the short term (Breakout) or test the red area which would be a buying opportunity. Keep in mind the majority of altcoins depend on the macro (Bitcoin). What's your opinion about SHIB? Your comments are welcome.

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Legal disclaimer:
Take into account that fundamentals (news) supplement Technical Analysis. A trader does not use a crystal ball to predict the future (news and people's reactions). Additionally Technical Analysis is not an exact science. It involves a degree of subjectivity. The "advice" here given is not a financial advice. You trade at your own risk and nobody can guarantee you results.