Future Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
BITCOIN Dec 2020 (CME:BTC.Z20)
Strong Uptrend (+100) - BTC.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BTC.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BTC.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.Z20
The long-term trend has been UP since Mar 26th, 2020 at 6180
The intermediate-term trend has been UP since Oct 9th, 2020 at 11280
The short-term trend has been UP since Oct 18th, 2020 at 11745
Smart Scan Analysis for BTC.Z20
Based on our trend formula, BTC.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).