Technical analysis by Invi1112 about Symbol SHIB on 11/13/2022

SHIB is now building a base, on top of the previous resistance which led it to ATH. If it continues to do so, accumulating SHIB here is not a bad idea. NFA, but have it on your watch list, for your own sake of avoiding FOMO. I expect it to front run any kind of crypto bounce. Confirmation of breakout: retest the daily MA200 as a support. Breakout from accumulation will be volatile and strong. Targets: 5x, 10x. Invalidation: weekly close under the 600sat's levels.