Bears Bang The Drum But Altcoins May Be Prepping For A PopSHIBA INU / US DollarCOINBASE:SHIBUSDdRends35SHIB Its all very scary today in crypto, but relative to the chart, SHIB and other coins I cover has not made any significant bearish price discovery. Its all been volatile chop but this appears to be printing a high time frame shallow descending channel - that may even have bullish cause. The bullish engulf (curved arrow) is a positive chart event and really not much is happening unless the lows are tested - and they are a distance away 👍. This analysis is shared for educational purposes only and does not constitute financial advice. Please conduct your own research before making any trading decisions.