Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
BITCOIN Jan 2021 (CME:BTC.F21)
Weak Uptrend (+65) - BTC.F21 is showing signs of weakening momentum to the upside. Monitor BTC.F21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTC.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.F21
The long-term trend has been UP since Oct 21st, 2020 at 12500
The intermediate-term trend has been UP since Oct 11th, 2020 at 11355
The short-term trend has been DOWN since Nov 25th, 2020 at 18495
Smart Scan Analysis for BTC.F21
Based on our trend formula, BTC.F21 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).