Shiba Inu anticipates a 50% rally as the SHIB price moves into "cup-and-handle" breakout zone.

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Shiba Inu (SHIB) has a better chance of securing significant gains in the upcoming weeks

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after breaking out of its current "cup-and-handle" pattern on August 14.

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[{"selector":"#anim-f00162e4-dad6-49ab-ad1b-13c2f59719ff [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-62b61b7d-4d78-41f8-986b-39a07de3af6f","keyframes":{"opacity":[1,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b0c4ed0c-ad1a-4f0e-84a2-d04ae10474ac","keyframes":{"transform":["scale(3)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-8f271eea-4296-4043-ab6f-feaa5c569630","keyframes":[{"transform":"scale(1)","offset":0},{"transform":"scale(1.5)","offset":0.33},{"transform":"scale(0.95)","offset":0.66},{"transform":"scale(1)","offset":1}],"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] [{"selector":"#anim-2a0e5d30-d784-4eed-b3cf-254421aeede6","keyframes":{"transform":["translate3d(-116.4706%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3305737d-f86a-4fcf-8baa-01235093b158","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8afb191e-0f40-4af7-93e0-6430d527f033","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Shiba Inu could increase by 50%, When the price moves in two stages, first falling and rising in a U-shaped trajectory,

then quickly moving sideways or downward, this pattern is known as a cup-and-handle.

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It is noteworthy that the price trend forms under a common resistance level.

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SHIB did the same on August 14 after increasing 27% to $0.000016,

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Typically, cup-and-handle patterns dissolve after the price breaks over the resistance level.

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