Bitcoin/Singapore US Dollar (BTC/SGD) Short Term View

 

Insignia Consultants

                                                                                   New Delhi

Wednesday, September 15, 2021 TIME 2:20 PM IST                       

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Bitcoin/Singapore US Dollar (BTC/SGD) Short Term View (current price R$63660.30)

Fifty Day Moving Average: $62065 Two hundred day moving average: $61751.70.

  1. Support: $58785.90 and $60254.40 Resistances: $64656.40 and $67000
  2. Bullish View: BTC/SGD can rise to $67000 and $69226 (by next week) as long as it trades over two hundred day moving average of $61751.70.
  3. Bearish View: Btc/sgd needs a daily close below $61751.70 for four consecutive days to be in a short term bearish zone. However all price fall/corrections upto $58000 will be a part and parcel of the short term bullish trend.

To all the first traders and new traders in crypto currencies. Btc/sgd is the safest and least risky among all crypto currencies.

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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PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS

PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.

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

ALL PRICES/QUOTES IN THIS REPORT ARE IN US DOLLAR UNLESS OTHERWISE SPECIFED.

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