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BTC/USD Fails to Test 9427.54: Sally Ho's Technical Analysis 22 June 2020 BTC

Bitcoin (BTC/USD) was pressured lower early in today’s Asian session as the pair continued to exhibit weakness below the 9500 figure after peaking around the 9419.35 area during yesterday’s European session.  Notably, this level was just below the 23.6% retracement of the recent appreciation from 8895.01 to 9592.04.  Technical bids then supported the pair above the 9325.77 level, representing the 38.2% retracement of this appreciating range.  Traders recently were able to drive the pair higher to these levels after testing the 9161.00 level, just below the 61.8% retracement of the recent appreciation from 8895.01 to 9592.04.  If BTC/USD bears are...

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ETH/USD Fails to Test 232.47: Sally Ho's Technical Analysis 21 June 2020 ETH

Ethereum (ETH/USD) weakened marginally early in today’s North American session as the pair depreciated to the 229.33 after peaking around the 231.29 area during the European session, just below the 23.6% retracement of the recent appreciation from 217.79 to 237.00.  Traders recently pushed the pair lower, reaching the 225.50 area after Stops were elected below the 227.40 area.  Traders tested the 225.13 level during this move lower, representing the 61.8% retracement of the recent appreciation from 217.79 to 237.00.  If this level gives way, ETH/USD bears will see if they can push the pair lower and test the 222.32 area,...

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BTC/USD Stops Cleared in Test of 9161 Technical Support: Sally Ho's Technical Analysis 21 June 2020 BTC

Bitcoin (BTC/USD) continued to be pressured lower early in today’s Asian session as the pair extended its recent sell-off below the 9500 level, after trading as high as the 9380.49 level during yesterday’s European session.  Traders were able to drive the pair higher to this level after testing the 9161.00 level, just below the 61.8% retracement of the recent appreciation from 8895.01 to 9592.04.  If BTC/USD bears are able to knock the pair lower, traders may be able to test the 9059.51 area, the next downside retracement level in this appreciating range.  Traders have been unable to keep the pair...

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ETH/USD Stops Cleared Down to 225.50: Sally Ho's Technical Analysis 20 June 2020 ETH

Ethereum (ETH/USD) glided lower early in today’s North American session as the pair depreciated to the 227.31 level after peaking around the 230.67 area during the Asian session.  Traders pushed the pair lower during the European session, reaching the 225.50 area after Stops were elected below the 227.40 area.  Traders tested the 225.13 level during the move lower, representing the 61.8% retracement of the recent appreciation from 217.79 to 237.00.  If this level gives way, ETH/USD bears will see if they can push the pair lower and test the 222.32 area, the next downside retracement level in this appreciating range. ...

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Can BTC/USD Bulls Hold the 9243 Level? Sally Ho's Technical Analysis 20 June 2020 BTC

Bitcoin (BTC/USD) remained on the defensive early in today’s Asian session as the pair depreciated to the 9281.90 level after trading as high as the 9430.00 area during yesterday’s European session, right around the 23.6% retracement of the recent appreciation from 8995.01 to 9592.04.  Notably, the 9243.53 area represents the 50% retracement of this appreciating range, and BTC/USD has recently been bid around that level.  Traders have been unable to keep the pair above the 9530.47 area during its recent brief trading activity above this level, representing the 50% retracement of the recent appreciation from 8632.93 to 10428.00, and this...

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