Future Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
BITCOIN Sep 2019 (CME:BTC.U19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.U19
The long term trend has been UP since Jun 16th, 2019 at 8900
The intermediate term trend has been DOWN since Aug 28th, 2019 at 9865
The short term trend has been DOWN since Sep 18th, 2019 at 10215
Smart Scan Analysis for BTC.U19
Based on a pre-defined weighted trend formula for chart analysis, BTC.U19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).