Future Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
BITCOIN Dec 2021 (CME:BTC.Z21)
Strong Downtrend (-100) - BTC.Z21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BTC.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.Z21
The long-term trend has been DOWN since May 17th, 2021 at 49310
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 62400
The short-term trend has been DOWN since Mar 26th, 2021 at 60500
Smart Scan Analysis for BTC.Z21
Based on our trend formula, BTC.Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).