Future Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
BITCOIN Jun 2020 (CME:BTC.M20)
Sidelines Mode (+50) - BTC.M20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BTC.M20 can gain momentum.
Is it time to buy, sell, or avoid BTC.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.M20
The long-term trend has been DOWN since Mar 12th, 2020 at 7490
The intermediate-term trend has been UP since Apr 6th, 2020 at 7150
The short-term trend has been UP since May 27th, 2020 at 9130
Smart Scan Analysis for BTC.M20
Based on our trend formula, BTC.M20 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).