Our team has over 7,000,000 traders!
Every day we work together to improve trading. We get high results and move forward.
Recognition by millions of traders all over the world is the best appreciation of our work! You made your choice and we will do everything it takes to meet your expectations!
We are a great team together!
InstaSpot. Proud to work for you!
Actor, UFC 6 tournament champion and a true hero!
The man who made himself. The man that goes our way.
The secret behind Taktarov's success is constant movement towards the goal.
Reveal all the sides of your talent!
Discover, try, fail - but never stop!
InstaSpot. Your success story starts here!
Cardano continues to move sideways in the short term. It's located at 0.3847 at the time of writing. The altcoin could extend its current range and I believe that only a strong move in Bitcoin could bring us a clear direction on this market.
ADA/USD is down by 0.49% in the last 24 hours and is up by 1.59% in the last 7 days. Technically, the price action signals strong buyers, but an upside continuation needs confirmation.
From the technical point of view, Cardano developed a major symmetrical triangle. It has failed to test and retest the uptrend line in the last attempt signaling strong upside pressure.
Now, it stands near the downtrend line which represents a dynamic resistance. The former high of 0.3884 is seen as a static resistance. Staying near the resistance levels may announce an imminent breakout.
Jumping, closing, and stabilizing above 0.3884 and above the downtrend line activates further growth.
On the other hand, false breakouts through the resistance levels may announce a new sell-off.
*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।
