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Bitcoin/TRY (BTCTRY)

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1Bitcoin/TRY (BTCTRY) Empty Bitcoin/TRY (BTCTRY) Fri Nov 16, 2018 10:35 pm



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The long term trend of Bitcoin - TRY is DOWN indicating that ^BTCTRY has experienced a DOWN trend for at least the past 180 trading days. Long term trends are key to understanding the starting point to the path of least resistance of a stocks price trend. The expected future trend bias is always strongest with the current trend.

The short term trend of Bitcoin - TRY is DOWN, ^BTCTRY has been undergoing a short term DOWN UP over the past 7-10 days.

The current signal for Bitcoin - TRY is SELL indicating that the stock could be Declining in its trend. The current price trend is Extreme. Stocks in extreme levels of price trend should be allowed to move out of the extreme range before a buy or sell decision should be made. As is the case for most trending momentum style stocks, much of the "reason" price action is not often known until well into the price trend. But earnings growth and management efficiency are key components to a foundation to a sustainable uptrend. 

The current rank for Bitcoin - TRY is 68, this means that ^BTCTRY is out performing 68% of its peers. Stocks that have a rank of 80 or better, with support of all other analyses, tend to advance the trend.

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