Shina Inu ($SHI) on ETH
$SHI has managed to close the month above the 2 year downtrend line while the RSI closed above 50.
This means the downtrend is officially over and expansion phase is now unlocked on high timeframe.
It will not happend over night and it will take some time to fully transition from accumulation to expansion
The transition can be seen on the low timeframe where we have formed another higher high while almost reaching 9M already.
The low timeframe is also telling us that there is a very strong demand at around 6M, very strong zone of reversal where the next Higher low will most likely be.
Since we have the high timeframe with us now, 15M minimum is unlocked for this month.
Transition means opportunity, the last real opportunity before action starts.
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