Bitcoin and Crypto Currency Technical Levels: 23rd July 2019

By: Admin
4 weeks ago
16087

Insignia Consultants

New Delhi

Tuesday, July 23, 2019

TIME: 9:31 am IST                  

DAILY CRYPTO CURRENCY REPORT

Crypto Currencies daily technical levels

 

btc/usd

eth/usd

bch/usd

ltc/usd

btc/sgd

CMP

10236.00

216.35

311.95

94.08

14213.00

S5

8536.00

179.43

253.54

43.10

11698.90

S4

8944.00

188.29

267.56

55.34

12302.28

S3

9386.00

197.89

282.75

68.59

12955.95

S2

9586.60

202.25

289.64

74.61

13252.61

S1

9834.80

207.64

298.17

82.05

13619.67

 

 

 

 

 

 

R1

10637.20

225.06

325.73

106.11

14806.33

R2

10885.40

230.45

334.26

113.55

15173.39

R3

11086.00

234.81

341.16

119.57

15470.05

R4

11528.00

244.41

356.34

132.82

16123.72

R5

11936.00

253.27

370.36

145.06

16727.10

 

CMP= Current price market price

ABOVE TECHNICALS ARE ONLY FOR REFERENCE

 

Momentum is down. It is wait and watch as key short term technical will be tested on a fall. Better to remain on the sidelines till tomorrow. Crypto traders should sit on cash.

  1. BTC/USD:  50 day moving average at $10194 is the initial support. Sell off will be there below $10194.
  2. ETH/USD:  200 week moving average at $214.90 is the key support. Eth/usd needs to trade over $214.90 to be in bullish zone.
  3. BCH/USD:  50 week moving average at $313.10 is the key support or key price to watch. Bch/usd needs to trade over $313.10 to be in bullish zone.
  4. LTC/USD:  100 day moving average at $102.20 is the immediate resistance.
  5. BTC/SGD:  50 day moving average at $13972 is the key support.

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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