Bitcoin and Crypto Currency Technical Levels: 4th July 2019

By: Admin
52295

Insignia Consultants

New Delhi

Thursday, July 4, 2019

TIME: 9:50 am IST                  

DAILY CRYPTO CURRENCY REPORT

Technical levels of 3rd July can be used as reference. Right now the trade in technical. USA close will result in idle traders trying their hand in bitcoin and other crypto currencies.

  1. BTC/USD will zoom if it trades over $12000.
  2. ETH/USD has a massive long term technical support between $255-$272-$296. It can rise to $475-$500 zone as long as it trades over $255-$272-$296 zone.
  3. Rest of the crypto currencies are also bullish.
  4. News will be the key.

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)

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