Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
BAKKT BITCOIN APRIL 2020 (ICE:@BTM.J20)
Weak Downtrend (-65) - @BTM.J20 is showing signs of a strengthening downtrend. Monitor @BTM.J20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @BTM.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @BTM.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @BTM.J20
The long-term trend has been DOWN since Mar 12th, 2020 at 6710.0
The intermediate-term trend has been DOWN since Feb 26th, 2020 at 9352.5
The short-term trend has been DOWN since Mar 29th, 2020 at 6610.0
Smart Scan Analysis for @BTM.J20
Based on our trend formula, @BTM.J20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||9160||52wk High Date||2020-03-08|
|52wk Low||4097.5||52wk Low Date||2020-03-12|