Clueless_Trader200

Potential inverted H&S pattern on 4H timeframe

BINANCE:SHIBUSDT   SHIB / TetherUS
Shiba has already formed the left shoulder and the head. It looks like the price may head lower to test the 618 level and potentially complete the inverted head and shoulders pattern. Of course its also possible that shiba breaks the trendline resistance and heads to the 64-65 range but a breakout seems unlikely given the current price action.
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