Pattern: Falling Wedge Breakout
Current Price: \$0.1444
Target Price: \$0.2084
Target % Gain: 45.71%
Technical Analysis: SHELL has broken out of a falling wedge pattern on the 8H chart, signaling a potential bullish reversal. The breakout is supported by a strong bullish candle and a slight uptick in volume. Confirmation is visible as price holds above resistance.
Time Frame: 8H
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.