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Crypto Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Ethereum ETH Bitstamp (CRYPTO:ETHUSDBIT)

Sidelines Mode (-55) - ETHUSDBIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ETHUSDBIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for ETHUSDBIT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low ETHUSDBIT Price Change
3552.0 3623.7 3484.8 3517.8 -34.2
Entry Signal

MarketClub’s Trade Triangles for ETHUSDBIT

long term up The long-term trend has been UP since Nov 5th, 2023 at 1878.6

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2024 at 3362.0

short term up The short-term trend has been UP since Jun 20th, 2024 at 3594.9

Smart Scan Analysis for ETHUSDBIT

Based on our trend formula, ETHUSDBIT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ETHUSDBIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3552.0 3623.7 3484.8 3517.8 -34.2
Prev. Close Volume Bid Ask Time
3552.0 5066 3517.6 3517.7 2024-06-20 18:49:31
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