Future Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
BITCOIN Jun 2020 (CME:BTC.M20)
Weak Downtrend (-65) - BTC.M20 is showing signs of a strengthening downtrend. Monitor BTC.M20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid BTC.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.M20
The long-term trend has been UP since Jun 1st, 2020 at 10275
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 9245
The short-term trend has been DOWN since Jun 24th, 2020 at 9280
Smart Scan Analysis for BTC.M20
Based on our trend formula, BTC.M20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).