Sep 1, 2019
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Sally Ho’s Technical Analysis 1 September 2019

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Bitcoin

Bitcoin (BTC/USD) was slightly stronger early in today’s Asian session as the pair traded as high as the 9618.59 area with traders searching for direction. There was some very interesting trading activity late in yesterday’s North American session that saw selling pressure take the pair as low as the 9436.20 level before moving higher to the 9704.48 and then consolidating intraday gains.  Traders are still observing the 9765.93 area as an upside price target, a level that represents the 38.2% retracement of the move from 3128.89 to 13868.44.

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