If you are bummed you keep missing out on the Shiba pumps, or if invested money in right before the most recent dump do not be fearful. Personally, I am very bullish on Shiba. Below I will give a list of factors why.
1. Volume
For my thoughts on volume, I noticed an interesting observation from As mentioned in this idea, the volume has been in a continuous downtrend which is what we have seen before previous pumps. Additionally, there are major support zones supporting price.
2. Trend Breaktrough
As seen in the chart, you can see the triangle formed and the breakthrough. This is very bullish for shiba.
3. Bullish Momentum
As seen through the MACD and Stoch RSI indicators, momentum is in our favor.
4. TP levels
Since I am leveraging my personal trade, my tp 1 is 0.0005 which is the first major resistance zone.
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