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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.
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MarketClub’s Trade Triangles for BTC.U23
The long-term trend has been DOWN since Aug 17th, 2023 at 26740
The intermediate-term trend has been DOWN since Jul 17th, 2023 at 30500
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 26150 | 26310 | 26130 | 26270 | +55 |
| Prev. Close | Volume | Bid | Ask | Time |
| 26215 | 849 | 2023-09-27 05:22:01 |
| Expiration | 2023-09-29 | Open Time | 18:00 |
| Close Time | 17:00 |