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!
Ethereum is trading around $2,980 above the 21 SMA and within a downtrend channel formed since early December. On the H4 chart, we can see a consolidation of Ether, and a sharp break above the 200 EMA around $3,034 is likely to occur.
On the H4 chart, we can see the formation of a symmetrical triangle. Therefore, if ETH/USD consolidates above the psychological level of $3,000 in the coming days, we could expect it to reach the 3/8 of the Murray level at $3,437.
Conversely, if ETH/USD falls below the symmetrical triangle pattern, we could expect a drop towards the 1/8 Murray at $2,875. Finally, the instrument could reach the bottom of the downtrend channel around $2,590.
The Eagle indicator is showing positive signals, so we should expect confirmation above $3,000 to buy or below $2,930 to sell.
Our outlook remains negative, so we will look for opportunities to sell if Ether falls below $2,950.
*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।
