Crypto Currencies Short Views Cordano & Litecoin

Insignia Consultants

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Tuesday, October 12, 2021 TIME 11:45 AM IST                       

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Crypto Currencies Short Views Cordano & Litecoin

ADA/USD (Cordano) : (current price: $2.1279): Support: $2.0650, $2.1190 Resistance: $2.1980 , $2.2490 View: Cordano can rise to $2.2490 by next week as long as it trades over $2.0650. (a) It needs a daily close over $2.1125 for the next seven days to be in a short term bullish zone.

LTC/USD: Litecoin (current price: $175.060): Support: $160.30 Resistance: $ 189.10.View: Litecoin has to trade over one hundred day moving average of $160.30 to rise to $189.10 (two hundred day moving average) and $205.10.

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

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