๐ฅ SHIBA Potential Market Leader: Bull-Flag Break Out
SHIBA has been trading slightly bearish for over a week now, just like the rest of the crypto market. However, SHIBA is the first one to break out of this bearish pattern, which might indicate that the rest of the market will soon follow.
Be aware that this break out is still in a very early stage, whilst the rest of the market is only trading slightly bullish for a few days now. There's still a decent probability that this break out will not get any more follow-through and that SHIB will fall back inside the bull-flag.
However, in case of a bullish following move, I'm expecting SHIB to move to the 3500 range in the near future.
Happy trading!
Be aware that this break out is still in a very early stage, whilst the rest of the market is only trading slightly bullish for a few days now. There's still a decent probability that this break out will not get any more follow-through and that SHIB will fall back inside the bull-flag.
However, in case of a bullish following move, I'm expecting SHIB to move to the 3500 range in the near future.
Happy trading!
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