Sally Ho's Technical Analysis 15 August 2019

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Bitcoin Bitcoin (BTC/USD) gained a little bit of ground early in today’s Asian session as the pair appreciated to the 10,245.67 level after extending recent losses to the psychologically-important 10,000.00 figure during yesterday’s North American session.  Stops were elected below the 10,067.62 area during the move lower, representing the 76.4% retracement of the move from 8,919.72 to 13,868.44.  Following the pair’s move below the 200-bar MA (4-hourly) during yesterday’s Asian session, traders were unable to push and sustain a move back above the 200-bar MA (4-hourly) during yesterday’s European and North American sessions. BTC/USD also continues to trade well below…
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Sally Ho's Technical Analysis 15 August 2019

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