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Future Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

BITCOIN Oct 2018 (E) (CME:BTC.V18.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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.

Open High Low BTC.V18.E Price Change
6445 6480 6425 6430 +10
Entry Signal

MarketClub’s Trade Triangles for BTC.V18.E

long term down The long term trend has been DOWN since Jul 27th, 2018 at 8290

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2018 at 6280

short term up The short term trend has been UP since Oct 15th, 2018 at 6535

Smart Scan Analysis for BTC.V18.E

Based on a pre-defined weighted trend formula for chart analysis, BTC.V18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BTC.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6445 6480 6425 6430 +10
Prev. Close Volume Bid Ask Time
6385 104 2018-10-16 20:17:47
Contract High7405Contract High Date2018-09-04
Contract Low6030Contract Low Date2018-10-10
Estimated Volume6704Expiration2018-10-26
Open Time18:00Close Time17:00
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