$SHIB IS TAKING GIANT LEAPS đ
đ
Is this the beginning of the road towards recovery?
As shib breaks above $0.000016 going past the "w" pattern on the daily time frame after a month, the bulls are looking in control and ready to march towards the pivotal level of $0.00002. The last time shib was trading at this price was nearly 2 months ago.
đ On the 1hr chart, $0.000015 has proved to be a solid support. After a retest, the take off came and the Bollinger Band is opening up wide showing huge upside potential.
At the time of writing shib was up more than 13% for the day trading near 0.000017. Today's breakout has ended the long drought and restored investors confidence again after some recent whale activities.
As the price is approaching $0.00002, traders should plan their moves with the price action in mind with a little caution as $0.000018 is a small hurdle in between. Although there could be retests at those crucial price levels, don't get confused with bear traps.
