Looking at this 4hr chart it looks to me like SHIB is forming a Bat harmonic.
I'll be waiting in the bushes and watching to see if SHIB can turn it around.
I'll be looking for a dip below the .886 XA along with some bullish divergence and then I'll be looking to get long!
If we go deep and touch the 1.13 XA then for me that is an Alternate Bat pattern and I will expect an even sharper reversal.
I'll be howling for the moon if that happens!
What do you think is next for SHIB?