New Delhi
Tuesday, May 7, 2019
TIME: 07:47 am IST
DAILY CRYPTO CURRENCY TECHNICAL LEVELS
Crypto Currencies daily technical
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btc/usd
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eth/usd
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bch/usd
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ltc/usd
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btc/sgd
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CMP
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6115.40
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189.16
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292.70
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76.64
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7723.70
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S5
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5871.95
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157.92
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256.86
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56.77
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6700.30
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S4
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5925.30
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163.62
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264.36
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61.54
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6945.89
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S3
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5949.51
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169.79
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272.48
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66.71
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7211.95
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S2
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5979.47
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172.59
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276.16
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69.05
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7332.70
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S1
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6076.30
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176.05
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280.72
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71.95
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7482.10
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R1
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6130.50
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187.25
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295.46
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81.33
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7965.10
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R2
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6183.90
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190.71
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300.02
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84.23
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8114.50
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R3
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6233.10
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193.52
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303.71
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86.58
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8235.25
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R4
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6296.00
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199.68
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311.82
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91.74
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8501.31
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R5
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6486.00
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205.38
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319.32
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96.51
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8746.90
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CMP= Current price market price
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ABOVE TECHNICALS ARE ONLY FOR REFERENCE
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100 week moving average
around 6552 is the key long term resistance for btc/usd. A break of 6552 will
pave the way for 9000-10000 zone.
200 week moving average
around 201.00 is the key long term
resistance for eth/usd.
100 week moving average
around 90.00 is the key long term resistance for ltc/usd.
Key moving average
resistances have to be breached to attract short covering and another wave of
big rise. Big technical resistance days ahead for almost all crypto currencies.
Disclaimer: Any opinions
as to the commentary, market information, and future direction of prices of
specific currencies, metals, crypto currencies and commodities reflect the
views of the individual analyst, In no event shall Insignia Consultants or its
employees have any liability for any losses incurred in connection with any decision
made, action or inaction taken by any party in reliance upon the information
provided in this material; or in any delays, inaccuracies, errors in, or
omissions of Information. Nothing in this
article is, or should be construed as, investment advice. Prepared by Chintan
Karnani
Further disclaimer (read very carefully)
Trading of Bitcoins is illegal in my country India. The above report is
not meant for resident Indians and Indian corporates. It is meant for traders
or corporates in nations where bitcoin and other crypto currencies have got
legal validity. Insignia Consultants and it employees are not responsible for
illegal trading of crpto currencies and/or nations where crypto currencies do
not have legal validity. Insignia Consultants does not advise on any investment
strategy which is illegal nor does not it recommend people to trade in anything
which is illegal to a nation. The above views are just technical views.
NOTES
TO THE ABOVE REPORT
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
ALL PRICES ARE IN US DOLLARS UNLESS OTHERWISE
SPECIFIED
Indian Standard Time (IST): +5:30 GMT
Current Market Price (CMP)
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