Sally Ho's Technical Analysis 11 September 2019

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Bitcoin Bitcoin (BTC/USD) appreciated slightly early in today’s Asian session as the pair climbed to the 10297.12 area after finding a bid around the 9916.00 area during yesterday’s North American session, below the 9938.16 area that represents the 61.8% retracement of the move from 7508.77 to 13868.44.  The pair was steadily pressured lower from yesterday’s Asian session and Stops were elected below the 100-bar MA (4-hourly) late in yesterday’s European session.  Notably, the intraday high during today’s Asian session is right around the 61.8% retracement of the recent 10541.75 – 9318.00 range, an indication that technicals are impacting the short-term.…
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Sally Ho's Technical Analysis 11 September 2019

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