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 $85,775, above the 21-day moving average and within the uptrend channel that has formed since September 27. Bitcoin could continue to rise in the coming hours and reach the key level of $87,500.
Given that Bitcoin has been rising over the weekend, technically we could expect consolidation around the 21 S level at $85,337; or, if the price reaches the lower band of the uptrend channel around $85,000, this could be seen as a signal to take long positions.
If Bitcoin falls below the uptrend channel and consolidates above $85,000, the outlook could turn negative, and in the short term, we could expect it to reach the 6/8 Murray level around $81,205.
Conversely, if Bitcoin remains above the uptrend channel and above $85,337—where the 21-day SMA is located—this could be seen as a signal to continue buying, with targets at $87,500, and it could ultimately reach the upper band of the uptrend channel around $88,400.
The Eagle indicator is showing a negative signal; however, we believe that Bitcoin will continue to trade within the uptrend channel in the coming days, so we should consider these levels as a zone for opening long or short 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.
