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 has raised through $49,000-200 mark as discussed and expected, over the weekend. The crypto has taken out its initial resistance around $48,000-49,000 zone. Most traders might be inclined to book profits now as price could pullback towards $42,000-43,000 mark in the next few trading sessions. It could provide yet another opportunity to initiate long positions.
Bitcoin has now carved a meaningful bottom just below $40,000 mark and is expected to stay above that level going forward. Immediate price resistance is now see at $53,000, while support is strong around $40,000 level respectively. Bears might remain poised to drag prices towards $42,000-43,000 zone before giving in to bulls.
The recent boundary which could be worked upon is between $40,800 and $49,200 respectively. A retracement towards the $42,000-43,000 mark could find bulls coming back in control. If the above structure unfolds accordingly, Bitcoin could be on its way towards $65,000 and higher thereafter.
Trading plan:
Potential buy around $42,000-43,000 again with risk below $40,000.
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।
