Solana
Short

SOLANA H1 - 14/05/2022

Updated
Sol does not show any significant buying signal and might be still on a big downtrend. Currently, this pattern can be considered as a modified descending flag. It will have another small downtrend before we can make further estimation. Also always check for the status of bitcoin. The current market state is driven by bitcoin.

Remember to manage risk and reward properly
Happy trade
Trade closed manually
Close order. It does not seem that the bearish is taking control of the market
Bitcoin (Cryptocurrency)CryptocurrencypriceactionpriceactionanalysisSupply and DemandSupport and ResistanceTrend AnalysistrendanalysysTrend Line Break

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