Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
BITCOIN Nov 2021 (CME:BTC.X21)
Bull Market Weakness (+75) - BTC.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTC.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTC.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.X21
The long-term trend has been UP since Jul 25th, 2021 at 37035
The intermediate-term trend has been UP since Oct 3rd, 2021 at 48790
The short-term trend has been DOWN since Oct 22nd, 2021 at 63150
Smart Scan Analysis for BTC.X21
Based on our trend formula, BTC.X21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).