#SOL/USDT
SOL rejected from upper line of ascending channel which is the same with 50EMA and now struggle to break down from middle line that is the same with 20EMA.
🐻 breaking down from lower line of channel can drop price to $30, to complete bearish flag pattern.
🐮 holding the 20EMA and stay inside ascending channel can increase price to resistance zone between $47 and $80 which is the same with 200EMA.
SOL rejected from upper line of ascending channel which is the same with 50EMA and now struggle to break down from middle line that is the same with 20EMA.🐻 breaking down from lower line of channel can drop price to $30, to complete bearish flag pattern.
🐮 holding the 20EMA and stay inside ascending channel can increase price to resistance zone between $47 and $80 which is the same with 200EMA.
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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.