📉 FLOW/USDT 30m Bear Flag Setup
A clean Bear Flag structure is forming on the FLOW/USDT 30-minute chart, tracked by ChartScout.
Key Technicals:
• Pattern Type: Bear Flag
• Flagpole: -4.5% decline leading to the lower base ("First Support" marked)
• Resistance Line: 2 touches recorded (upper red boundary)
• Support Line: 5 touches recorded (lower teal boundary)
Educational Note:
• Structural Bias: Traditionally classified as a bearish continuation pattern. It represents a temporary upward consolidation channel where sellers regroup before a potential resumption of the downward trend.
Pattern Specifications:
• Timeframe: 30m
• Asset: FLOW/USDT
• Volume: Clear peak observed near the initial flagpole decline (June 18, 15:30).
Posting for chart discussion and pattern tracking purposes only. DYOR.