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!
Bitcoin is moving sideways between 28,460 and 26,700 levels in the short term. It seems undecided, so we'll have to wait for a fresh trading opportunity. Technically, the price action signaled exhausted buyers, but a downside continuation needs confirmation.
In the last 24 hours, BTC/USD is down by 2.73% and by 4.46% in the last 7 days. The retreat forced the altcoin to drop a little as well.
As you can see on the h1 chart, the cryptocurrency moves sideways after registering only false breakouts through the upper median line (uml). Also, the false breakouts above 28,460 signaled exhausted buyers and announced a potential downside movement.
Now, it has found support on 26,700 again and on the weekly S1 (26,668). Escaping from the current range should bring us new opportunities.
BTC/USD activates a deeper drop after making a new lower low. A bearish closure below 26,700 is seen as a short opportunity.
*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।