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 rallied today and now it stands at $61,094 below $61,788 all-time high. The price has invalidated a corrective phase, so it could resume its major upwards movement.
The outlook is bullish, BTC/USD could approach and reach new historical highs. The rate seems determined to jump higher after failing to reach and retest the uptrend line.
BTC/USD has decreased a little but it has failed to retest the uptrend line signaling strong buyers in the short term. It's traded above $60,100 static resistance and now it challenges the first warning line (WL1).
A valid breakout through WL1 could bring a breakout above $61,788 historical high as well. The price could target the R2 ($64,674) and the red upside line if it ignores the immediate obstacles.
It's risky to buy BTC/USD as long as it stays below the warning line (WL1). That's why we need confirmation before going long.
Jumping and closing above WL1, $61,788, and beyond the weekly R1 ($62,335) may offer us a new buying opportunity with a potential target at Falling Wedge's upside line, resistance.
*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।
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