Coinathlon

Solana hurdles to overcome

BINANCE:SOLBTC   SOL / Bitcoin
If I'm being bullish - which in the long term I am for Solana - I could see this as a buying opportunity here.

What needs to happen in my opinion:
- 21MA (blue) needs to cross over 50MA
- Price needs to break golden pocket
- Price needs to break strong support zone

What could signal a turn for worse:
- Price currently below golden pocket & strong support zone
- 50MA could cross below 21MA
- MACD showing bearish divergence on its lagging line

What are you betting on?

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