Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
BITCOIN May 2021 (CME:BTC.K21)
Countertrend Up (+85) - BTC.K21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BTC.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.K21
The long-term trend has been UP since Dec 28th, 2020 at 24380
The intermediate-term trend has been UP since Feb 7th, 2021 at 40270
The short-term trend has been DOWN since Apr 16th, 2021 at 63115
Smart Scan Analysis for BTC.K21
Based on our trend formula, BTC.K21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).