SOL bearish flag and EMAs

SOL / TetherUS BINANCE:SOLUSDT

parissap

#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.

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