BTC, SHIB & DOGE Triangles Point to Key Breakouts

Technical analysis highlights critical triangle patterns for Bitcoin, Shiba Inu and Dogecoin amid market volatility. Shiba Inu (SHIB) trades near descending triangle support at $0.0000099, with a breakout above $0.0000115–$0.000012 targeting $0.000013–$0.000014 and a breakdown under $0.0000090 risking a drop to $0.0000075. On-chain metrics show declining exchange reserves for SHIB, indicating long-term accumulation. Dogecoin (DOGE) forms a symmetrical triangle between $0.19 and $0.20; a move above $0.205–$0.21 could drive DOGE toward $0.30, while a slip below $0.18 may see $0.16. Bitcoin (BTC) consolidates above its 200-day moving average near $108,000, with the 100-day average around $112,000 and RSI near 41 signaling neutral momentum. A sustained hold at $106,000–$108,000 could pave the way to $114,000 and $120,000; a daily close below the 200-day MA risks a fall to $100,000 or $96,000. Traders should monitor support and resistance levels, volume trends and triangle patterns for clear entry or exit signals and apply disciplined risk management.
Neutral
The triangle patterns across BTC, SHIB and DOGE outline potential bullish breakouts but also highlight downside risks if key support levels fail. On-chain accumulation for SHIB adds a bullish undertone, while Bitcoin’s neutral RSI and defined MA levels suggest cautious trading. Dogecoin’s symmetrical triangle likewise offers clear targets for both directions. Overall, confirmation on breakout or breakdown is needed before biasing trades, making the immediate outlook neutral for traders.