kamalzakhoy

SHIBA--4HOURS--The price has formed a triangle!

Long
FTX:SHIBUSD   Shiba Inu
As shown on the 4 hours chart the price has formed a triangle, and it tests the upper line of the triangle. If the breakout happens at the upper line of the triangle, we expect the price will continue to go up to retest the resistance around 0.0000346. If the breakout fails on the other hand, we expect the price will bounce back down to retest the lower line of the triangle around 0.0000217 within the retracement zone on the daily chart. The best places to buy more are around 0.0000217 and around 0.00001763.

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GOOD LUCK

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