Top 10 Coins

Bitcoin
% 1h
0.22
% 24h
2.72
% 7d
4.57
USD
16,911
EUR
16,332
GBP
14,132
     
Ethereum
% 1h
0.29
% 24h
5.60
% 7d
12.22
USD
1,273.8
EUR
1,230.2
GBP
1,064.5

XRP
% 1h
0.42
% 24h
2.78
% 7d
7.68
USD
0.4055
EUR
0.3916
GBP
0.3388
     
Bitcoin Cash
% 1h
0.25
% 24h
1.07
% 7d
3.40
USD
112.60
EUR
108.75
GBP
94.10

Bitcoin SV
% 1h
0.21
% 24h
0.55
% 7d
10.17
USD
42.30
EUR
40.85
GBP
35.36
     
Litecoin
% 1h
0.49
% 24h
2.49
% 7d
11.04
USD
78.11
EUR
75.43
GBP
65.27

EOS
% 1h
0.20
% 24h
2.29
% 7d
7.04
USD
0.9393
EUR
0.9072
GBP
0.7853
     
Tether
% 1h
0.04
% 24h
0.09
% 7d
0.21
USD
1.001
EUR
0.9669
GBP
0.8366

BNB
% 1h
0.52
% 24h
0.46
% 7d
12.95
USD
300.85
EUR
290.55
GBP
251.40
     
Tezos
% 1h
0.13
% 24h
1.83
% 7d
4.24
USD
1.010
EUR
0.9757
GBP
0.8443

Excitement to End of a Rally- I’ve EXITED all swing trades & taken PROFITS – BEAR DIVERGENCE on SmartMoney Algo

Excitement to End of a Rally- I’ve EXITED all swing trades & taken PROFITS – BEAR DIVERGENCE on SmartMoney Algo


Bitcoin Live

A premium post from May 30th from our Analyst Mark Dukas.

Yesterday the BTC price came within $3.11 of my target on Bitstamp. $9,100 was met with an intense dump that I believe will continue until some stabilization. The SmartMoney algo yesterday afternoon confirmed BEARISH DIVERGENCE on the 480 min chart. This also happened when the price moved from $6k-20k. This time we moved from $3k-9k.

This isn’t going to be a one or two-day event. We now have to watch price action unfold and see where price action leads us. This market has gone up almost 200% and altcoins going up 15%-35% respectively during the month of May tells me now to TAKE PROFITS, be prudent and protect my capital.

With so many variables in place, I like to have CASH/TETHER available to re-deploy and not be left watching the price go back to my entries or giving back all the profit I worked towards.

You could see a bull trap, a continuation before the dump, FOMO, etc.

With not knowing how this will fully play out but I recognize and remember that I too have held a lot of positions far too long in my trading career. I couldn’t imagine making these mistakes over and over again.

Most people won’t want to see it with their eyes, their accounts, etc. But we rose almost 200%+ off the bottom to where the dump came in at that $9100 level.

Did you think this was going to be easy? I’m protecting capital and going to re-evaluate as my options open up again.

-Mark