Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
BITCOIN Feb 2020 (CME:BTC.G20)
Sidelines Mode (+55) - BTC.G20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BTC.G20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.G20
The long-term trend has been UP since Jan 6th, 2020 at 8000
The intermediate-term trend has been UP since Jan 6th, 2020 at 7770
The short-term trend has been DOWN since Feb 14th, 2020 at 10265
Smart Scan Analysis for BTC.G20
Based on our trend formula, BTC.G20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).