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!
[Polkadot]
With a Golden Cross intersection on the EMAs condition and RSI(14) in the Neutral-Bullish level, there is an opportunity for Polkadot to strengthen toward its nearest resistance.
Key Levels
1. Resistance. 2 : 1.5566
2. Resistance. 1 : 1.5324
3. Pivot : 1.5061
4. Support. 1 : 1.4819
5. Support. 2 : 1.4556
Tactical Scenario
Positive Reaction Zone: If the price holds at 1.5061, there is a likelihood of strength toward 1.5324.
Momentum Extension Bias: If 1.5324 is broken out, there is potential for further gains toward 1.5566.
Level Invalidation / Bias Revision
The upside bias weakens when price < [support] (lebih lanjut jika < [reassessment trigger]).. (Note: original Indonesian text is missing)
Technical Summary
EMA(50) : 1.5096
EMA(200): 1.5005
RSI(14) : 51.71
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US- Core PCE Price Index m/m - 19:30 WIB
US - Prelim GDP q/q - 19:30 WIB
US - Core Durable Goods Orders m/m - 19:30 WIB
US - Durable Goods Orders m/m - 19:30 WIB
US - Prelim GDP Price Index q/q - 19:30 WIB
US - Personal Income m/m - 19:30 WIB
US - Personal Spending m/m - 19:30 WIB
US - JOLTS Job Openings - 21:00 WIB
US - Prelim UoM Consumer Sentiment - 21:00 WIB
US - Prelim UoM Inflation Expectations - 21:00 WIB
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaSpot analytical reviews will make you fully aware of market trends! Being an InstaSpot client, you are provided with a large number of free services for efficient trading.
