Sally Ho's Technical Analysis 12 September 2019

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Bitcoin Bitcoin (BTC/USD) gained marginal ground early in today’s Asian session as the pair climbed to the 10199.77 area and traded as low as the 9926.49 area during yesterday’s North American session, just below the 61.8% retracement of the 7508.77 – 13868.44 range.  BTC/USD was generally weaker yesterday and traded below the 100-bar MA (4-hourly) during most of yesterday’s Asian and European sessions.  Notably, the intraday high through the early part of today’s Asian session was right around the 50% retracement of the recent 10451.75 – 9851.97 range. BTC/USD climbed back above the 50-bar MA (hourly) and must now contend…
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Sally Ho's Technical Analysis 12 September 2019

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