Future Trend Analysis Report
Prepared for you on Friday, May 14, 2021.
BITCOIN Apr 2021 (CME:BTC.J21)
Sidelines Mode (+55) - BTC.J21 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.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.J21
The long-term trend has been UP since Dec 16th, 2020 at 20385
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 55205
The short-term trend has been UP since Apr 26th, 2021 at 52480
Smart Scan Analysis for BTC.J21
Based on our trend formula, BTC.J21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).