SHIB / TetherUS
Short

SHIB is moving in a bearish triangle pattern, What's next goal?

194
As you can see on the chart, Shiba is moving in a big bearish triangle pattern for about 10 Days!

What we expect from Shiba and what is the next move, Is dependent on the market & Bitcoin situation, I'm still bearish on BTC, You can see my last analysis on that coin.

Now for Shiba, I expect to see a little sideway movement and then a breakout from the downside of the triangle.

In this case, The next target is major support which I have drawn oh the chart. Although there is a possibility of breaking this triangle from above, but I prefer to consider a small probability for it.

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