Crypto Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)
Strong Uptrend (+100) - BITSTAMPUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BITSTAMPUSD 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 BITSTAMPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BITSTAMPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BITSTAMPUSD
The long-term trend has been UP since Jan 17th, 2023 at 21473
The intermediate-term trend has been UP since Oct 1st, 2023 at 27486
The short-term trend has been UP since Nov 28th, 2023 at 37908
Smart Scan Analysis for BITSTAMPUSD
Based on our trend formula, BITSTAMPUSD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).