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 $90,927 after a bullish rally following its low of $80,000. Bitcoin is now overbought, as can be seen on the H4 chart. We could expect Bitcoin to fall below $92,500 in the coming hours, then it could reach the support at the bottom of the uptrend channel around $88,287.
The outlook remains bearish for Bitcoin. However, if the crypto maintains the bullish momentum, it could encounter strong resistance if it reaches the 3/8 Murray around $93,750.
The secondary uptrend that began on November 20 could give Bitcoin a new bullish momentum if it consolidates around $88,000 and could even offer good support at 2/8 Murray around $87,500.
Given that Bitcoin is showing signs of exhaustion, we may look for opportunities to sell below $92,000 with a target at $88,000.
If a pullback occurs towards the strong resistance at $93,750, it will be seen as an opportunity to sell in the coming days, with a target at $87,500.
The Eagle indicator is reaching overbought levels, so we must be careful when planning long positions.
*Analiza tržišta koja se ovde nalazi namenjena je boljem razumevanju tržišta i ne pruža instrukcije za vršenje trgovanja.
Uz InstaSpot-ove analitičke preglede uvek ćete biti u toku sa tržišnim trendovima! Klijentima InstaSpot-a su dostupni mnogobrojni besplatni servisi za uspešno trgovanje.
