Crypto Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Bitcoin BTC Bitstamp (BITCOIN:BITSTAMPUSD)
Bear Market Rally (-75) - BITSTAMPUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BITSTAMPUSD as it may be in the beginning of a reversal.
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 DOWN since May 19th, 2021 at 33138.26
The intermediate-term trend has been UP since Jun 14th, 2021 at 40904.00
The short-term trend has been DOWN since Jun 17th, 2021 at 38095.41
Smart Scan Analysis for BITSTAMPUSD
Based on our trend formula, BITSTAMPUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).