riandwip686

SOLUSDT | Bearish Flag Pattern

Short
riandwip686 Updated   
BINANCE:SOLUSDT.P   SOL / TetherUS PERPETUAL CONTRACT
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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.

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Order cancelled:
The pattern was fail, because the price is go up and close above the upper trend line.
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