Sally Ho's Technical Analysis 21 September 2019

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Bitcoin Bitcoin (BTC/USD) drifted lower early in today’s Asian session as the pair traded as low as the 10056.30 following steady selling pressure that emerged during yesterday’s Asian session when the pair ran out of steam around the 10379.15 level.   Bids emerged early today right around the 23.6% retracement of the 13202.63 – 9071.00 range following steady selling pressure during yesterday’s European and North American sessions.  BTC/USD is again trading below its 50-bar MA (4-hourly), 100-bar MA (4-hourly), and 200-bar MA (4-hourly). Stops were elected below the 10076.11 area late in yesterday’s North American session, representing the 38.2% retracement of…
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Sally Ho's Technical Analysis 21 September 2019

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