Sally Ho's Technical Analysis 10 September 2019

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Bitcoin Bitcoin (BTC/USD) gained a small amount of ground early in today’s Asian session as the pair climbed higher to the 10389.26 area, stopping just short of again testing the 50-bar MA (4-hourly), currently indicating around the 10421.34 area.  The 50-bar MA (4-hourly) and the 200-bar MA (4-hourly) are converging and if the 50-bar MA (4-hourly) crosses above, it could represent Bullish price activity ahead.  During yesterday’s European session, the pair stopped just short of testing the 10046.06 area, representing the 23.6% retracement of the 13202.63 – 9071.00 range. After this move lower yesterday, the pair quickly escalated to multi-session…
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Sally Ho's Technical Analysis 10 September 2019

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