The legend in the InstaSpot team!
Legend! You think that's bombastic rhetoric? But how should we call a man, who became the first Asian to win the junior world chess championship at 18 and who became the first Indian Grandmaster at 19? That was the start of a hard path to the World Champion title for Viswanathan Anand, the man who became a part of history of chess forever. Now one more legend in the InstaSpot team!
Borussia is one of the most titled football clubs in Germany, which has repeatedly proved to fans: the spirit of competition and leadership will certainly lead to success. Trade in the same way that sports professionals play the game: confidently and actively. Keep a "pass" from Borussia FC and be in the lead with InstaSpot!
Technical outlook:
Bitcoin dropped to the $53,000 level yesterday before pulling back again. This was in line with our expectations. The crypto has again hit intraday resistance around the $58,000 level. A bearish reversal from here looks possible. Iy may decline to the $41,000-43,000 levels before Bitcoin resumes an upward movement again.
Bitcoin is seen to be trading around the $57,200/300 levels at this point in writing. It is expected to decrease to at least $43,000 soon. Immediate resistance is seen at $60,000, followed by $65,000; while support comes in around the $47,000 level respectively. A break below $47,000 will be seen as confirmation of a push further lower to the $43,000 and $410,00 levels respectively.
The Fibonacci 0.382 retracement of the previous rally between $3,850 and $65,000 is seen passing through the $41,000 mark. Hence, probability remains high for a bullish bounce if prices reach there.
Trading plan:
Remain short, stop @ 65000, target @ 41000
Good luck!
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
