Shiba Inu price analysis from Cointelegraph

Shiba Inu - $SHIB has formed an inverse H&S pattern, which will complete on a break and close above $0.000020

The upsloping moving averages and the RSI in the positive territory indicate that the bulls have the edge.

A break and close above $0.000020 could open the doors for a rally to the pattern target of $0.000028.

Sellers are likely to have other plans. They will try to defend the overhead resistance and pull the price below the 20-day EMA ($0.000017).

If they do that, it will signal that the SHIB/USDT pair may remain inside the $0.000012 to $0.000020 range for some more time