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Crypto Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)

Crossroads (+60) - BITSTAMPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

BITCOIN_BITSTAMPUSD
Open High Low BITSTAMPUSD Price Change
26629 26733 26479 26679 +50
Entry Signal

MarketClub’s Trade Triangles for BITSTAMPUSD

long term up The long-term trend has been UP since Jan 17th, 2023 at 21473

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2023 at 29521

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 26579

Smart Scan Analysis for BITSTAMPUSD

Based on our trend formula, BITSTAMPUSD is rated as a +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
26629 26733 26479 26679 +50
Prev. Close Volume Bid Ask Time
26629 980 26680 26681 2023-09-22 11:21:02
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