Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
BAKKT BITCOIN FEBRUARY 2020 (ICE:@BTM.G20)
Bull Market Weakness (+75) - @BTM.G20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @BTM.G20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @BTM.G20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @BTM.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @BTM.G20
The long-term trend has been UP since Jan 14th, 2020 at 8797.5
The intermediate-term trend has been UP since Dec 23rd, 2019 at 7715.0
The short-term trend has been UP since Feb 19th, 2020 at 10190.0
Smart Scan Analysis for @BTM.G20
Based on our trend formula, @BTM.G20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10622.5||52wk High Date||2020-02-13|
|52wk Low||6472.5||52wk Low Date||2019-12-18|