SHIBA update.
SHIBA recently brokeout of 2 trendlines but since has retraced back inside the smaller symmetrical triangle as expected from a big jump. See chart for the next 2 scenarios & next target levels.
Breaking out of the symmetrical triangle will be good but SHIBA has to BO above the ascending triangle
to be really bullish .
Highest probability is that it will find resistance at the top of ascending triangle 0.000030, be rejected but it will hold 0.00002865 for a consolidation (smaller red zone) first before continuing rally to BO. After that a much bigger pivot resistance at the bigger red zone (0.00003247), which may take a while to break.
Not trading advice