3 nested formations have appeared on the SHIB Hourly.
Shiba Inu / USD FTX:SHIBUSD
Triangle 1: The orange triangle has started to exit from the end point, but it’s not over yet. There should be an exit up to the length of the pole.
2. Cup with handle: The purple color cup is complete. There should be an exit from the top line of the cup as much as the depth of the cup.
3. Rising pennant: A blue upward rectangular pennant has been formed. The continuation of the formation is the decrease in the length of the pennant pole. This indicates the handle formation of the cup.