Future Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
BITCOIN Sep 2018 (E) (CME:BTC.U18.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.
MarketClub’s Trade Triangles for BTC.U18.E
The long term trend has been DOWN since Jun 12th, 2018 at 6635
The intermediate term trend has been DOWN since May 14th, 2018 at 8650
The short term trend has been UP since Jul 15th, 2018 at 6370
Smart Scan Analysis for BTC.U18.E
Based on a pre-defined weighted trend formula for chart analysis, BTC.U18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||9885||Contract High Date||2018-05-06|
|Contract Low||5840||Contract Low Date||2018-06-28|
|Open Time||18:00||Close Time||17:00|