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Spread Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

BITCOIN Jul 2021/Aug 2021 Spread (CME:BTC.N21_Q21)

Long-Term Downtrend (-90) - BTC.N21_Q21 is in a strong downtrend that is likely to continue. While BTC.N21_Q21 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.N21_Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.N21_Q21.

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

CME_BTC.N21_Q21
Open High Low BTC.N21_Q21 Price Change
228 241 101 101 -124
Entry Signal

MarketClub’s Trade Triangles for BTC.N21_Q21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for BTC.N21_Q21

Based on our trend formula, BTC.N21_Q21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for BTC.N21_Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
228 241 101 101 -124
Prev. Close Volume Bid Ask Time
253 15 2021-05-17 02:21:28
Open Time18:00Close Time17:00
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