Future Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
BITCOIN Mar 2020 (CME:BTC.H20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BTC.H20
The long term trend has been UP since Oct 27th, 2019 at 8885
The intermediate term trend has been UP since Oct 27th, 2019 at 8885
The short term trend has been DOWN since Nov 5th, 2019 at 9405
Smart Scan Analysis for BTC.H20
Based on a pre-defined weighted trend formula for chart analysis, BTC.H20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).