After an amazing run up during Shiba's inception, the Binance listing hasn't done it much good. Since its appearance of Binance, Shiba has been bleeding daily. During this bleed out, a bullish falling wedge pattern has been formed. Will Shiba rise to former glory?
Assuming BTC will stay relatively calm, Shiba might see some strong bullish price action in the near future. It has happened several times before that big listings on Binance face a strong sell-off first before going bullish again. Potential long-term target would be around the current ATH.
Happy trading!
Assuming BTC will stay relatively calm, Shiba might see some strong bullish price action in the near future. It has happened several times before that big listings on Binance face a strong sell-off first before going bullish again. Potential long-term target would be around the current ATH.
Happy trading!
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