Future Trend Analysis Report
Prepared for you on Tuesday, September 29, 2020.
BITCOIN Sep 2020 (CME:BTC.U20)
Bull Market Weakness (+75) - BTC.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTC.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTC.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.U20
The long-term trend has been UP since Apr 23rd, 2020 at 7550
The intermediate-term trend has been DOWN since Sep 3rd, 2020 at 11370
The short-term trend has been UP since Sep 24th, 2020 at 10545
Smart Scan Analysis for BTC.U20
Based on our trend formula, BTC.U20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).