Top 10 Coins

Bitcoin
% 1h
0.17
% 24h
2.18
% 7d
3.14
USD
10,595
EUR
9,108.8
GBP
8,328.9
     
Ethereum
% 1h
0.25
% 24h
2.06
% 7d
11.58
USD
343.78
EUR
295.57
GBP
270.26

XRP
% 1h
0.54
% 24h
5.45
% 7d
5.98
USD
0.2368
EUR
0.2036
GBP
0.1862
     
Bitcoin Cash
% 1h
0.02
% 24h
1.09
% 7d
8.12
USD
214.43
EUR
184.36
GBP
168.57

Bitcoin SV
% 1h
0.22
% 24h
1.09
% 7d
5.91
USD
154.38
EUR
132.73
GBP
121.37
     
Litecoin
% 1h
0.33
% 24h
3.96
% 7d
6.48
USD
45.65
EUR
39.25
GBP
35.89

EOS
% 1h
0.18
% 24h
1.23
% 7d
8.15
USD
2.510
EUR
2.160
GBP
1.980
     
Tether
% 1h
0.04
% 24h
0.20
% 7d
0.08
USD
1.000
EUR
0.8596
GBP
0.7855

Binance Coin
% 1h
0.31
% 24h
2.29
% 7d
9.64
USD
24.21
EUR
20.81
GBP
19.03
     
Tezos
% 1h
0.90
% 24h
4.33
% 7d
13.77
USD
2.130
EUR
1.840
GBP
1.680

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

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