DAILY CRYPTO CURRENCY TECHNICAL LEVELS
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Crypto Currencies daily technical levels
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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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9178.20
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268.32
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413.96
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135.00
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12609.60
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S5
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8633.30
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239.92
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378.91
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103.32
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12028.30
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S4
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8764.08
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246.74
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387.32
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110.92
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12167.81
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S3
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8905.75
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254.12
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396.44
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119.16
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12318.95
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S2
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8970.05
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257.47
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400.57
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122.90
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12387.54
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S1
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9049.60
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261.62
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405.69
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127.52
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12472.41
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R1
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9306.80
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275.02
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422.23
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142.48
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12746.79
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R2
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9386.35
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279.17
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427.35
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147.10
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12831.66
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R3
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9450.65
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282.52
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431.49
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150.84
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12900.25
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R4
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9592.32
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289.90
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440.60
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159.08
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13051.39
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R5
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9723.10
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296.72
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449.01
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166.68
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13190.90
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CMP= Current price market price
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ABOVE TECHNICALS ARE ONLY FOR REFERENCE
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The firmness in Bitcoin and
other crypto currencies is due to the hyper surrounding facebook’s launch of
“libra” dgital currency. News from facebook over digital currency will affect
price trend. The hyper is just starting to get built and is not going to stop
over the next few months. Crashes or sharp corrections are just
buying/investing opportunity and nothing else.
There can be a sharp
correction first once facebook digital currency news is digested by the market.
Volatility will rise till the weekend.
Insignia Consultants and its team have not invested OR traded
in crypto currencies as it is illegal to trade in India.
Before Investing or trading in crypto currencies: Crypto currencies are unregulated investment or unregulated
trading instruments. Risks are the highest among all investment class.
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)
You can
also mail your queries at insigniacommodity@gmail.comChat Id: telegram/whatsapp 9311139549
(10:30 am to 5:30 pm Indian time, Monday to Friday)
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