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Future Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

BITCOIN Sep 2020 (CME:BTC.U20)

Long-Term Uptrend (+90) - BTC.U20 is in a strong uptrend that is likely to continue. While BTC.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.U20.

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

CME_BTC.U20
Open High Low BTC.U20 Price Change
11980 12180 11700 11845 -240
Entry Signal

MarketClub’s Trade Triangles for BTC.U20

long term up The long-term trend has been UP since Apr 23rd, 2020 at 7550

intermediate term up The intermediate-term trend has been UP since Jul 22nd, 2020 at 9650

short term up The short-term trend has been UP since Aug 5th, 2020 at 11655

Smart Scan Analysis for BTC.U20

Based on our trend formula, BTC.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for BTC.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11980 12180 11700 11845 -240
Prev. Close Volume Bid Ask Time
9665 679 2020-08-07 10:59:04
Expiration2020-09-25Open Time18:00
Close Time17:00
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