jariii

SHR forming the most obvious bull pennant ever?

KUCOIN:SHRUSDT   ShareRing / Tether
Well, this is a bull pennant if I've ever seen one. However, how reliable are patterns like this when it comes to microcap tokens like SHR? Pretty much not reliable at all. In fact most of the time, patterns like this are likely painted on purpose by whales in order to create some FOMO to dump on. Still interesting to watch how this will develop from here. Looks extremely bullish in the short-term, but could just as easily be a trap.
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