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 $63,773, having rebounded during Monday's US trading session when the price reached the lower band of the downtrend channel and, in turn, found strong support around the 0/8 Murray level at $62,500.
Bitcoin has encountered strong resistance around the 200 EMA at 64,052. Given the prevailing bullish momentum, we could expect a break above this zone to continue buying, with targets at the upper band of the downtrend channel around $64,500.
A decisive breakout above the downtrend channel and consolidation above $64,000, around the 200 EMA, could propel Bitcoin toward the July 21 high of $67,000 and even $68,500, near the 2/8 Murray level.
If bearish momentum prevails and Bitcoin continues to trade within the downtrend channel, a good zone to enter short positions could be below the 200 EMA; alternatively, if it reaches the upper band of the uptrend channel around $64,500, that could be the zone to open short positions.
The Eagle indicator is showing a positive signal for Bitcoin; unless a technical correction toward $63,150 or $62,500 occurs in the coming hours, this could be considered a buying 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।
