Future Trend Analysis Report
Prepared for you on Saturday, January 29, 2022.
BITCOIN Apr 2022 (CME:BTC.J22)
Long-Term Downtrend (-90) - BTC.J22 is in a strong downtrend that is likely to continue. While BTC.J22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BTC.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.J22
The long-term trend has been DOWN since Nov 17th, 2021 at 63205
The intermediate-term trend has been DOWN since Nov 17th, 2021 at 63205
The short-term trend has been DOWN since Jan 28th, 2022 at 36725
Smart Scan Analysis for BTC.J22
Based on our trend formula, BTC.J22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).