Future Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
BITCOIN Jul 2021 (CME:BTC.N21)
Long-Term Uptrend (+90) - BTC.N21 is in a strong uptrend that is likely to continue. While BTC.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid BTC.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.N21
The long-term trend has been UP since Mar 17th, 2021 at 59900
The intermediate-term trend has been UP since May 9th, 2021 at 59795
The short-term trend has been UP since May 7th, 2021 at 58525
Smart Scan Analysis for BTC.N21
Based on our trend formula, BTC.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).