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 (ETH/USD) is trading around $1,875, below the 200-day exponential moving average (EMA) and the 21-day simple moving average (SMA), in a bearish trend. ETH is expected to continue falling in the coming days until it reaches the Murray 6/8 level at around $1,750.
Since July 12, ETH has been under downward pressure below the 200-day EMA, as it has repeatedly attempted—but failed—to consolidate above $1,960.
Given that Ethereum is reaching technically overbought levels, we can expect ETH to reach $1,750 in the coming days and possibly even pull back toward the Murray 5/8 level, around $1,625.
As a result of a recovery in the coming hours, the price could reach the strong resistance zone at $1,963, so we will look for buying opportunities above $1,892 with targets at $1,963, and we might even expect it to reach the psychological level of $2,000.
The Eagle indicator has reached overbought levels and has been showing a negative signal since July 24. Therefore, should a technical rebound occur in the coming hours, we will look for opportunities to continue selling in the coming days.
*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।
