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Bitcoin Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

BITCOIN_BITSTAMPUSD
Open High Low BITSTAMPUSD Price Change
3915.96 3957.00 3877.34 3925.21 +9.25
Entry Signal

MarketClub’s Trade Triangles for BITSTAMPUSD

long term down The long term trend has been DOWN since Jun 13th, 2018 at 6427.16

intermediate term up The intermediate term trend has been UP since Feb 17th, 2019 at 3711.04

short term up The short term trend has been UP since Feb 17th, 2019 at 3620.53

Smart Scan Analysis for BITSTAMPUSD

Based on a pre-defined weighted trend formula for chart analysis, BITSTAMPUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for BITSTAMPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3915.96 3957.00 3877.34 3925.21 +9.25
Prev. Close Volume Bid Ask Time
3915.96 6324 3924.83 3925.21 2019-02-22 12:34:43
Want to analyze Bitcoin BTC Bitstamp BITSTAMPUSD or another symbol? Try our Free Bitcoin Trend Analysis Report.