Tejal Commodity
New Delhi
Monday, November 18, 2019
TIME: 11:08 am IST
CRYPTO CURRENCY REPORT
There is not much news at
the moment from the crypto currency space. Momentum and technical are down.
Better to remain on the sidelines. If you are trading in any crypto currency,
then avoid the instant money criteria. Make small profit and reasonable profit
just like equities or commodities. Do not think of the long term in any crypto
currencies.
Crypto Currencies daily technical levels
|
|
btc/usd
|
eth/usd
|
bch/usd
|
ltc/usd
|
btc/sgd
|
CMP
|
$8,510.80
|
$184.32
|
$264.26
|
$58.90
|
$11,625.00
|
S5
|
$7,309.20
|
$139.72
|
$224.46
|
$41.80
|
$10,478.70
|
S4
|
$7,597.58
|
$150.42
|
$234.01
|
$45.90
|
$10,753.81
|
S3
|
$7,910.00
|
$162.02
|
$244.36
|
$50.35
|
$11,051.85
|
S2
|
$8,051.79
|
$167.28
|
$249.06
|
$52.37
|
$11,187.11
|
S1
|
$8,227.22
|
$173.79
|
$254.87
|
$54.86
|
$11,354.47
|
|
|
|
|
|
|
R1
|
$8,794.38
|
$194.85
|
$273.65
|
$62.94
|
$11,895.53
|
R2
|
$8,969.81
|
$201.36
|
$279.46
|
$65.43
|
$12,062.89
|
R3
|
$9,111.60
|
$206.62
|
$284.16
|
$67.45
|
$12,198.15
|
R4
|
$9,424.02
|
$218.22
|
$294.51
|
$71.90
|
$12,496.19
|
R5
|
$9,712.40
|
$228.92
|
$304.06
|
$76.00
|
$12,771.30
|
|
CMP= Current price market price
|
ABOVE TECHNICALS ARE ONLY FOR REFERENCE
|
1. BTC/USD: Trend is down as long as btc/usd trades below
$8595.
2. ETH/USD: Watch $184. Eth/usd can move $15 either side
anytime from $184.
3. BCH/USD: Trend is down as long as bch/usd trades below
$273.
4. LTC/USD: It
needs to trade over $53.80 to be in bullish zone and target $74.10.
5. BTC/SGD: It
needs to trade over $11354 to be in short term bullish zone. Key long term
support is at $11051.
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.com
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