Cardano and Solana crypto currencies long term view

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Insignia Consultants

                                                                                   New Delhi

Friday, November 26, 2021 TIME 12:40 PM IST                       

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Cardano and Solana crypto currencies long term view

Cardano (ada/usd): (current price: $1.6405): Support: $1.4616, $1.5876 Resistances: $1.7799 and $2.0274 Short term View: Fifty week moving average at $1.4616 is the key long term support. Cardano has to trade over $1.4616 for the rest of the year to ride rise to $3.2000. (a) For a bearish trend Cardaono has needs a daily close below $1.4616 for three consecutive trading sessions.

Solana-Ethereum (SOL/ETH): (current price: $0.046027): Support: $0.038434 Resistances: $0.052547 Long term View: Solana/Ethereum can rise to $1.500000 in the next eighteen months. Sol/eth is my investment pick among as all crypto currencies in the long term. It will not vanish unlike most crypto currencies. Use it for investment and not for trading.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals 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. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading. Prepared by Chintan Karnani Website www.insigniaconsultants.in   

Disclosure: Insignia consultants or it employees do not have any trading positions on the trading strategies mentioned above. Our clients do have positions on the trading strategies mentioned in the above report.

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

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THE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

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