Hot Topics

Advertisement

Advertisement

ETH/USD Orbiting 206.57: Sally Ho's Technical Analysis 24 May 2020 ETH

Ethereum (ETH/USD) reversed some early weakness during today’s North American session as the pair appreciated to the 206.64 area after trading as low as the 201.69 area, just above the 201.29 level that represents the 50% retracement of the recent appreciation from 191.27 to 211.30.  The pair is orbiting the 206.57 area, representing the 23.6% retracement of the appreciating range.  Traders continue to monitor multiple trading ranges, including the recent appreciation from 176.43 to 216.99.  The 201.50 and 196.71 areas represent the 38.2% and 50% retracements of this range, and ETH/USD bulls are looking to see if the market is...

Read More

BTC/USD Seeking Direction Around 9223: Sally Ho's Technical Analysis 24 May 2020 BTC

Bitcoin (BTC/USD) attempted to extend its recent upward momentum during today’s Asian session as the pair continued to trade above the 9000 figure after bids emerged around the 8800 area during yesterday’s Asian session.  Some minor Stops have recently been elected above the 9196.13 area, representing the 38.2% retracement of the recent depreciation from 9836.99 to 8800.00.  Buying pressure also emerged around the 9044.73 area, representing the 23.6% retracement of the depreciating range.   Additional upside price retracement levels that traders are monitoring include the 9440.86 and 9592.26 levels.  The recent depreciation was quite technical in nature, as the 8820.08 area...

Read More

ETH/USD Bulls Emerge Around 205.44: Sally Ho's Technical Analysis 23 May 2020 ETH

Ethereum (ETH/USD) extended its pullback during today’s North American session as the pair came off to the 204.56 area after trading as high as the 211.30 area during today’s Asian session.  Some minor Stops were elected above the 210.92 area during the move higher in the Asian session, representing the 76.4% retracement of the recent depreciation from 216.99 to 191.27.   Traders continue to monitor multiple trading ranges, including the recent appreciation from 176.43 to 216.99.  The 201.50 and 196.71 areas represent the 38.2% and 50% retracements of this range, and ETH/USD bulls are looking to see if the market is...

Read More

Offers Around 9267 Slow BTC/USD's Move Higher: Sally Ho's Technical Analysis 23 May 2020 BTC

Bitcoin (BTC/USD) gave back some earlier gains during today’s Asian session as the pair fell to the 9129.40 area after peaking around the 9267.34 area during yesterday’s North American session.  Stops were elected above the 9060.07 and 9208.54 levels during the move higher, representing the 23.6% and 38.2% retracements of the recent depreciation from 9836.99 to 8820.08.  Additional Stops were reached above the 9242.11 area during the move higher, representing the 38.2% retracement of the appreciation from 8106.70 to 9943.93.  If the pair is able to resume its upward trajectory, traders will pay close attention to levels including the 9328.54,...

Read More

ETH/USD Circles 208.32 After Comeback: Sally Ho's Technical Analysis 22 May 2020 ETH

Ethereum (ETH/USD) continued its comeback during today’s North American session as the pair traded as high as the 209.28 area after trading as low as the 191.27 area during yesterday’s North American session.  Stops were elected above the 197.34, 201.10, 204.13, and 207.16 levels during the move higher, representing the 23.6%, 38.2%, 50%, and 61.8% retracements of the recent depreciation from 216.99 to 191.27.  Traders are very interested to see how the pair reacts around the 208.76 area, representing the 23.6% retracement of the recent appreciation from 148.08 to 227.50.  During ETH/USD’s recent move lower, Stops were elected below the...

Read More