SOLUSDT | Bearish Flag Pattern
Updated
Disclaimer on,
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
When Solana try to make its price strengthen, simultaneously it forms a Bearish Flag pattern in H4 time Frame.
The pattern confirmation is when the price drop under the lower trend line and close below it. The drop target price this pattern is at the level 27 USDT, which is the area 0.7 Fibonacci Extension ratio.
Follow me for next update
___________
Best regards, riandwip686
This is a personal opinion, I am not responsible on your trading results.
Trade with your own risk.
When Solana try to make its price strengthen, simultaneously it forms a Bearish Flag pattern in H4 time Frame.
The pattern confirmation is when the price drop under the lower trend line and close below it. The drop target price this pattern is at the level 27 USDT, which is the area 0.7 Fibonacci Extension ratio.
Follow me for next update
___________
Best regards, riandwip686
Order cancelled
The pattern was fail, because the price is go up and close above the upper trend line.
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.