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Trend Analysis will be sent directly to your inbox. Chart shows the current uptrend is at a crossroads and has possibly ended. Look for choppy cme bitcoin futures price above 20k in first day trading action in the nearterm Very Weak Uptrend with very tight stops. Chart confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume.
Downtrend with money management stops. Chart continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Trading down Chart continues negative longer term.
Look for this market to remain weak. Strong Downtrend with money management stops. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
Chart is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops. Chart is showing some near term rallying power.
However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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One candle shows the values that were relevant at this time interval.