Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
BITCOIN Oct 2020 (CME:BTC.V20)
Strong Uptrend (+100) - BTC.V20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BTC.V20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid BTC.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.V20
The long-term trend has been UP since Jul 26th, 2020 at 10010
The intermediate-term trend has been UP since Jul 8th, 2020 at 9510
The short-term trend has been UP since Aug 5th, 2020 at 11800
Smart Scan Analysis for BTC.V20
Based on our trend formula, BTC.V20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).