Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

BITCOIN Sep 2023 (CME:BTC.U23)

Long-Term Downtrend (-90) - BTC.U23 is in a strong downtrend that is likely to continue. While BTC.U23 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.U23?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.U23.

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

CME_BTC.U23
Open High Low BTC.U23 Price Change
26150 26310 26130 26270 +55
Entry Signal

MarketClub’s Trade Triangles for BTC.U23

long term down The long-term trend has been DOWN since Aug 17th, 2023 at 26740

intermediate term down The intermediate-term trend has been DOWN since Jul 17th, 2023 at 30500

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 26715

Smart Scan Analysis for BTC.U23

Based on our trend formula, BTC.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BTC.U23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
26150 26310 26130 26270 +55
Prev. Close Volume Bid Ask Time
26215 849 2023-09-27 05:22:01
Expiration2023-09-29Open Time18:00
Close Time17:00
Get a free daily analysis and signals for BITCOIN Sep 2023 (BTC.U23) - Request Your Free Report.