Shiba Inu Trapped Inside Triangle: 17% Move Incoming?

Shiba Inu Trapped Inside Triangle: 17% Move Incoming?

An analyst has pointed out that Shiba Inu is currently trading within a triangle pattern, which could set up a 17% move for the memecoin. 4-Hour Price Of Shiba Inu Has Been Consolidating Inside A Triangle Recently In a new post on X, analyst Ali Martinez has talked about a pattern that has been forming on the 4-hour chart of Shiba Inu recently. The pattern in question is a triangle from technical analysis (TA). This type of channel emerges when the price of an asset observes consolidation between two trendlines that converge at some common point. The upper line of the pattern is likely to....


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Bitcoin Price Technical Analysis for 11/29/2016 – Sit Tight for a Breakout!

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The Shiba Inu price rallied to as high as $0.00001413 in the past 24 hours, after breaking above a symmetrical triangle pattern in technical analysis of its daily candlestick timeframe chart. An important factor in this move is the massive drop in SHIB exchange reserves, which fell from 122.54 trillion on July 31 to 121.31 […]