Shiba Inu (SHIB) 400% bull flag
2024-10-07

On the above 5 day chart price action has corrected 75% since March. A number of reasons now exist to be long, they include:

1) Price action and RSI resistance breakouts.

2) Trend reversal, a higher higher prints with the flag breakout.

3) The Bull flag confirmation. A 2nd impulsive move print takes price action to 0.000074 area or 400%

Is it possible price action corrects further? Sure.
Is it probable? No

Ww