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Future Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

BITCOIN May 2018 (E) (CME:BTC.K18.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_BTC.K18.E
Open High Low BTC.K18.E Price Change
8050 8075 7825 7890 -290
Entry Signal

MarketClub’s Trade Triangles for BTC.K18.E

long term down The long term trend has been DOWN since Mar 7th, 2018 at 10010

intermediate term down The intermediate term trend has been DOWN since May 14th, 2018 at 8500

short term down The short term trend has been DOWN since May 22nd, 2018 at 7915

Smart Scan Analysis for BTC.K18.E

Based on a pre-defined weighted trend formula for chart analysis, BTC.K18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BTC.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8050 8075 7825 7890 -290
Prev. Close Volume Bid Ask Time
8070 689 2018-05-23 00:41:38
Contract High9840Contract High Date2018-05-03
Contract Low6500Contract Low Date2018-04-06
Estimated Volume2701Expiration2018-05-25
Open Time18:00Close Time17:00
Want to analyze BITCOIN May 2018 (E) BTC.K18.E or another symbol? Try our Free Future Trend Analysis Report.