LayneTrading
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SHIBUSDT is compressing at the apex of a multi-year symmetrical triangle. Rising base support ≈ $0.0000095; upper trendline ≈ $0.000017. A monthly close > $0.000017 confirms breakout. measured-move target ~$0.0000245 (first objective). Extended targets: $0.000030–0.000045. Invalidation: monthly close < $0.0000095. #SHIB #Breakout #StochRSI (Rising base support (monthly): $0.00000950 Upper triangle resistance (monthly): $0.00001700 Breakout confirmation: monthly close > $0.00001700 Measured-move target (first objective): ~$0.0000245 (~+44% above breakout) Extended target band (liquidity clusters / prior structure): $0.000030 – $0.000045 Current live price used for calculations: $0.00001010) Calculated as : Anchors as monthly candle closes / visible trendline touches on multi-year triangle: Base support = $0.00000950 Upper resistance = $0.00001700 Triangle height = resistance − base = 0.00001700 − 0.00000950 = 0.00000750 Measured-move target = breakout level + height = 0.00001700 + 0.00000750 = 0.00002450 Percent moves: Height as % of breakout level ≈ 44.12% (0.0000075 / 0.000017) — i.e., measured move ≈ +44% above breakout. From the current price (~$0.00001010) to measured target = ~+143%.
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