Future Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
BITCOIN Jul 2020 (CME:BTC.N20)
Sidelines Mode (-55) - BTC.N20 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.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.N20
The long-term trend has been UP since Jun 1st, 2020 at 10290
The intermediate-term trend has been DOWN since Jun 25th, 2020 at 9305
The short-term trend has been UP since Jul 6th, 2020 at 9175
Smart Scan Analysis for BTC.N20
Based on our trend formula, BTC.N20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).