ChristopherEisele

ChristopherEisele

Due to major uptrend from 8/12 to 8/14 entering this current consolidation period, a bullish pennant has formed. Further upward movement is likely

ChristopherEisele Updated 

We are set up for a nice upward trend. We are at a strong resistance point of .60 and the 50MA. Once broken, the next resistance is .65-.70

ChristopherEisele

The next resistance is at approx. .42ish because of the h&s pattern. there is still room on rsi & macd for continued growth. It really comes down to weather BTC breaks 9K and holds, or not. Remember, this is just one man's opinion.

ChristopherEisele

It is trading in a channel where we have been many times before. ********remember, information and one man's opinion only***********

ChristopherEisele

Algo/USD has been following the market's retrace. Todays activity, and I stress that it is one day's activity in the 4H view only, is showing hints of a possible bullish reversal. This is my opinion only so do not trade based upon this. This is only my personal observation