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!
Despite last week bringing the market back to its previous consolidation zone, sellers remain active. They are currently retesting the support level of the weekly medium-term trend at 82,161.59, with the next key level at 79,773.46, which represents the monthly short-term trend. If these levels are breached, it will create new opportunities for the bears. Their primary goal will be to break through the weekly Ichimoku cross, with the final level currently at 75,595.09, further supported by monthly support at 75,446.03.
However, if sellers fail to break through the support levels at 82,161.59 and 79,773.46, control could shift back to the bulls. Buyers will aim to regain momentum by testing and surpassing the daily dead cross levels at 88,196.42, 88,824.37, and 91,327.91, in addition to facing resistance at the weekly level of 88,791.08.
On lower timeframes, sellers currently hold the upper hand, maintaining a downward trend. Throughout today's session, all classic pivot level supports have been tested. As a new trading day begins, updated pivot levels will be introduced. For the bears, these new classic pivot supports will be of particular interest. Meanwhile, buyers will aim to regain control by testing the key level of the weekly long-term trend at 87,681.45. Holding this level would provide a significant advantage on lower timeframes. Trading above this trend favors bullish momentum, while remaining below it keeps bearish sentiment in play.
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*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।
