Solana

[SOL/USD] In need of serious bounce

172
First, let's take a look at 4 hr chart of SOLUSD . The 220 EMA line has now breached & the price dive further to 136-138 zone at the moment. So, what's next ?

Why don't we try to zoom it out a bit, see the daily chart. It is now resting at 220 EMA line, which as well the trend line support.
syot kilat

To continue its bullish journey, the price need to bounce from here (duh...) as it needs to avoid the EMA making death cross, as well as the MACD need to breakout from its downtrend line.
syot kilat

The long term view of this token is actually looks pretty. There's a beautiful pattern in the making on the higher time frame, but let see how this daily setup played out first.

Cherio...

Penafian

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