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!
Ethereum (ETH/USD) is trading around 2,671, above the 21 SMA, and within the bullish trend channel forming since August 6. Ether is consolidating for several weeks above the psychological level of $2,500 and 0/8 Murray, which suggests that it could be accumulating capitalization to overcome the strong resistance of 2,826 where the 200 EMA is located.
In the next few hours, we could look for opportunities to buy Ether if it consolidates above 2,626 (21 SMA). Any pullback will be seen as an opportunity to buy, with targets at 2,710, 2,760 and finally, 2,826.
If Ethereum finds a strong resistance around $2,830, we could look for opportunities to sell, as it could continue trading within its bullish trend channel. This area could offer us a good point to sell.
A break and consolidation above 2,850 could favor the positive outlook for ETH/USD and it could reach the psychological level of $3,000 and eventually 2/8 Murray at 3,125, which would mean that the cryptocurrency is entering a bullish period.
Conversely, a consolidation below the psychological level of $2,500 could see the cryptocurrency fall sharply to reach the August 3 level at about $2,160.
*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।