Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
BITCOIN Oct 2021 (CME:BTC.V21)
Sidelines Mode (+55) - BTC.V21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BTC.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.V21
The long-term trend has been DOWN since May 19th, 2021 at 46500
The intermediate-term trend has been UP since Jul 25th, 2021 at 34855
The short-term trend has been DOWN since Jul 30th, 2021 at 39880
Smart Scan Analysis for BTC.V21
Based on our trend formula, BTC.V21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).