Bitcoin and Crypto Currency Technical Levels: 10th June 2019

By: Admin
5 days ago
3035

Insignia Consultants

New Delhi

Monday, June 10, 2019

TIME: 9:46 am IST                  

DAILY CRYPTO CURRENCY TECHNICAL LEVELS

Crypto Currencies daily technical levels

 

btc/usd

eth/usd

bch/usd

ltc/usd

btc/sgd

CMP

7636.00

233.25

377.36

116.33

10520.40

S5

7015.00

186.17

352.09

91.47

9571.20

S4

7164.04

197.47

358.15

97.44

9799.01

S3

7325.50

209.71

364.73

103.90

10045.80

S2

7398.78

215.27

367.71

106.83

10157.81

S1

7489.44

222.14

371.40

110.46

10296.39

 

 

 

 

 

 

R1

7782.56

244.36

383.32

122.20

10744.41

R2

7873.22

251.23

387.01

125.83

10882.99

R3

7946.50

256.79

390.00

128.76

10995.00

R4

8107.96

269.03

396.57

135.22

11241.79

R5

8257.00

280.33

402.63

141.19

11469.60

 

CMP= Current price market price

ABOVE TECHNICALS ARE ONLY FOR REFERENCE

 

Traders and investors or crypto currencies are sitting on cash. They are waiting for some big one way moves to trade. No one is investing in bitcoin and other crypto currencies at the moment. Only some very low value crypto currencies are getting attention as risk is very less.

BTC/USD: 50 day moving average at 7147.20 is the key support. Immediate resistance is at 7802.

ETH/USD: 100% retracement is at 216.10. Eth/usd needs to trade over 216.10 this week to prevent a sell off to 194.10.

BCH/USD: Big support zone is between 356-366. Bch/usd needs to trade over 356-366 zone to rise to 414 and 450. Crash or another wave of sell off will be there only on a fall below 356-366 zone.

LTC/USD: Immediate support is at 108.90. Ltc/usd needs to trade over 108.90 to rise to 130 and 150. Crash will be there only below 108.90.

BTC/SGD: It needs to trade over 10000-10100 zone to be in short term bullish zone.

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)

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