Solana
2024-09-02

Hi guys

on the weekly time frame; If the red downtrend line breaks upwards, we may be ready to complete the flag pattern.
But the situation is not interesting here at the moment.

If the red support area ($104.5) is completely consumed, we expect a reaction from the area of ​​$188.4 or $160.3, and the possibility of continuing the downward trend to the specified price area is strengthened.

If the support area of ​​$104.5 is preserved and the downtrend line is broken upwards, our mentality for an uptrend will be strengthened.

What do you think?