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Market analysis for September 12
BTC
• Range: 113,500-115,000 USD
• Short support: 113,500, if held can look at 117,000+
• Resistance: 115,000, a breakthrough is needed to strengthen.
• Strategy: Buy near support, stop loss at 113,000; follow up after a breakout and retest at 115,000.
ETH
• Range: 4,300-4,536 USD
• Support: 4,300, be cautious if it falls below 4,200
• Resistance: 4,427-4,536, breaking through may see 5,000
• Strategy: Buy low near 4,300, stop loss at 4,200; follow more after breaking 4,500 and retracing.