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!
Way back in February we showed that Ethereum broke out of a 3 year Cup with Handle formation at 1,384.78 which called for a rally to 2,674 or maybe even closer to 3,474 if the extended Cup with Handle target came into play. This is exactly what has happened and we have now seen a test of the extended Cup with Handle target at 3,474 and we should now expect a violent correction in the weeks to come. This correction will likely hit 2,174 and possibly even the 50% correction target at 1,773 before turning higher.
That said, the alternate corrective outcome is a triangle consolidation. In this case we shouldn't expect a correction deeper than 2,674 but instead use up time in a sideways consolidation.
Trading recommendation:
It's time to sell the position from 1,385
*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。
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