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 trading around $95,581, with an upward trend and a slight technical correction following its high of $96,800.
During Wednesday's session, Bitcoin reached a high of around $96,800. We expect a strong technical correction in the coming hours, as this level coincides with the top of the upward trend channel.
If the bullish momentum prevails and Bitcoin consolidates above $96,800, we could enter long positions, and the leading cryptocurrency could reach 4/8 Murray around the psychological level of $100,000.
Given that Bitcoin reached the top of the uptrend channel, a drop to the psychological level of $90,000 is expected, as occurred on January 5.
Bitcoin has support where the 21 SMA and 200 EMA are located, which also coincides with the bottom of the uptrend channel. We could open a long position around these levels. After a strong technical correction, a rebound will likely occur around this area, which should be used as an opportunity to enter long positions.
Our trading plan for the coming hours is to sell below $96,800 or $97,000 with targets at $93,750 and around the 21 SMA located at $91,700.
*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।
