Free Daily Analysis

Crypto Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)

Weak Downtrend (-65) - BITSTAMPUSD is showing signs of a strengthening downtrend. Monitor BITSTAMPUSD as it may be building momentum to the downside.

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.

BITCOIN_BITSTAMPUSD
Open High Low BITSTAMPUSD Price Change
23443 23838 23176 23525 +82
Entry Signal

MarketClub’s Trade Triangles for BITSTAMPUSD

long term down The long-term trend has been DOWN since Jan 6th, 2022 at 41967.5

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 22401.0

short term down The short-term trend has been DOWN since Aug 16th, 2022 at 23782.0

Smart Scan Analysis for BITSTAMPUSD

Based on our trend formula, BITSTAMPUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for BITSTAMPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23443 23838 23176 23525 +82
Prev. Close Volume Bid Ask Time
23443 1351 23516 23524 2022-08-18 06:25:56
Get a free daily analysis and signals for Bitcoin BTC Bitstamp (BITSTAMPUSD) - Request Your Free Report.