Bitcoin Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
Litecoin BTC-e (BITCOIN:LTCUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 LTCUSD
The long term trend has been UP since Mar 5th, 2019 at 53.44
The intermediate term trend has been UP since Feb 8th, 2019 at 34.58
The short term trend has been DOWN since Apr 9th, 2019 at 85.26
Smart Scan Analysis for LTCUSD
Based on a pre-defined weighted trend formula for chart analysis, LTCUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).