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 $86,563 with a bullish bias below the 8/8 Murray level. If Bitcoin rejects the 8/8 Murray level in the coming hours, it could pose an opportunity to open short positions, targeting the 7/8 Murray level and ultimately the lower band of the uptrend channel.
Bitcoin is overbought; hence, a technical correction could occur in the coming days. Therefore, we should keep an eye on the 8/8 Murray resistance zone or a decisive breakout from the symmetric triangle pattern. A drop below $86,000 could drive the price toward the 7/8 Murray, located at $84,375. Eventually, BTC could reach the lower band of the uptrend channel around $82,800.
A selling opportunity could arise in the $87,500 area, or if the upward momentum continues, we could expect BTC to reach $88,466—a level that coincides with the upper band of the uptrend channel and could be seen as an opportunity to open short positions.
On the other hand, following a technical correction, we could expect Bitcoin to resume its upward momentum around $84,375 or, if it consolidates around the 21 SMA at $83,628.
The Eagle indicator is showing a bearish signal, and we should expect a clear sell signal in the coming days; the key is to monitor the $87,500 area.
*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।
