Bitcoin Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
Litecoin BTC-e (BITCOIN:LTCUSD)
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.
MarketClub’s Trade Triangles for LTCUSD
The long term trend has been DOWN since Jun 10th, 2018 at 108.25
The intermediate term trend has been UP since Feb 8th, 2019 at 34.58
The short term trend has been UP since Feb 15th, 2019 at 44.18
Smart Scan Analysis for LTCUSD
Based on a pre-defined weighted trend formula for chart analysis, LTCUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).