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Crypto Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)

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.

BITCOIN_BITSTAMPUSD
Open High Low BITSTAMPUSD Price Change
8471.36 8631.60 8289.99 8332.37 -138.99
Entry Signal

MarketClub’s Trade Triangles for BITSTAMPUSD

long term down The long term trend has been DOWN since Oct 23rd, 2019 at 7714.70

intermediate term down The intermediate term trend has been DOWN since Nov 18th, 2019 at 8363.00

short term down The short term trend has been DOWN since Nov 7th, 2019 at 9122.33

Smart Scan Analysis for BITSTAMPUSD

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

-100
Smart Scan Analysis for BITSTAMPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8471.36 8631.60 8289.99 8332.37 -138.99
Prev. Close Volume Bid Ask Time
8471.36 3116 8332.38 8338.00 2019-11-18 12:27:21
Want to analyze Bitcoin BTC Bitstamp BITSTAMPUSD or another symbol? Try our Free Crypto Trend Analysis Report.