SHIB looks bullish (1D)
2024-11-17

SHIB seems to be bullish. From where we put the red arrow on the chart, it looks like a triangle is formed, and we are now in wave E of this triangle.

By hitting the green range, we expect another pump from SHIB.

The targets are marked on the picture.

Closing a daily candle below the invalidation level will violate this analysis.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You