Crypto Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)
Strong Uptrend (+100) - BITSTAMPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BITSTAMPUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BITSTAMPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITSTAMPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BITSTAMPUSD
The long-term trend has been UP since Sep 3rd, 2021 at 50562.11
The intermediate-term trend has been UP since Oct 3rd, 2021 at 48834.00
The short-term trend has been UP since Oct 11th, 2021 at 56561.00
Smart Scan Analysis for BITSTAMPUSD
Based on our trend formula, BITSTAMPUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).