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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

BITCOIN Aug 2022 (CME:BTC.Q22)

Bear Market Rally (-75) - BTC.Q22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BTC.Q22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid BTC.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.Q22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low BTC.Q22 Price Change
23330 23370 22660 22735 -630
Entry Signal

MarketClub’s Trade Triangles for BTC.Q22

long term down The long-term trend has been DOWN since Apr 29th, 2022 at 39575

intermediate term up The intermediate-term trend has been UP since Jul 18th, 2022 at 22515

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 23795

Smart Scan Analysis for BTC.Q22

Based on our trend formula, BTC.Q22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for BTC.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23330 23370 22660 22735 -630
Prev. Close Volume Bid Ask Time
23365 1112 2022-08-19 00:51:20
Expiration2022-08-26Open Time18:00
Close Time17:00
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