Future Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
BITCOIN Jun 2020 (CME:BTC.M20)
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.M20
The long term trend has been UP since Jan 8th, 2020 at 7650
The intermediate term trend has been UP since Jan 8th, 2020 at 7650
The short term trend has been UP since Jan 14th, 2020 at 8470
Smart Scan Analysis for BTC.M20
Based on a pre-defined weighted trend formula for chart analysis, BTC.M20 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).