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!
Breaking news from the world of cryptocurrencies:
Investment banking firm LionTree is considering accepting cryptocurrencies as a means of payment, as well as issuing its own token. This is according to its CEO Aryeh Bourkoff. Bourkoff also named cryptocurrencies as a potential tool for empowering people. According to him, the market capitalization of the cryptocurrency market exceeded $3 trillion in 2021.
Perhaps the rapid growth of the sector is associated with attempts by investors to protect their positions from inflation, as well as to find and ensure greater profitability.
BTCUSD, H1:
For the BTCUSD cryptocurrency pair, a downward correction trend is formed in the long-term period, which takes the form of a simple zigzag [A]-[B]-[C].
In early December, the downward impulse wave [A] was completed, which was formed by the sub-waves of a smaller wave level (1)-(2)-(3)-(4)-(5). Then the market turned around, and market participants saw a corrective growth in wave [B]. There is a possibility that the corrective wave [B] will take the form of a double three (W)-(X)-(Y).
Currently, we see the construction of a prolonged wave of the bond (X), which takes the form of a triple zigzag W-X-Y-XX-Z. To complete this pattern, a Z sub-wave is needed. Its end is possible near the 44,529.58 level, where it will be 76.4% of the previous active wave Y.
Thus, in the current situation, it is possible to consider opening sell deals in order to take profit at the completion of the bundle wave (X).
Trading recommendations: sell from the current level, take profit 44,529.58.
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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