SHIB: Is another pump coming?
1000SHIB / TetherUS PERPETUAL FUTURES BINANCE:1000SHIBUSDTPERP
Technically, SHIB is very interesting
On Daily and H4 price is moving above the 200 EMA => Uptrend
There’s a good momentum upward before consolidating and forming a bullish rectangle pattern (ABCDE corrective wave on wave analysis)
If price breaks above the pattern resistance, it is possible that the price will go up forming another bullish wave
What do you guys think?
