Top 10 Coins

Bitcoin
% 1h
0.89
% 24h
8.88
% 7d
21.55
USD
49,563
EUR
41,206
GBP
35,763
     
Ethereum
% 1h
0.08
% 24h
8.43
% 7d
11.02
USD
2,237.0
EUR
1,859.6
GBP
1,614.1

XRP
% 1h
1.72
% 24h
20.87
% 7d
40.49
USD
1.050
EUR
0.8693
GBP
0.7544
     
Bitcoin Cash
% 1h
0.54
% 24h
16.02
% 7d
10.47
USD
773.46
EUR
643.05
GBP
558.10

Bitcoin SV
% 1h
1.75
% 24h
22.15
% 7d
35.53
USD
233.28
EUR
193.92
GBP
168.32
     
Litecoin
% 1h
0.22
% 24h
12.69
% 7d
19.53
USD
230.52
EUR
191.65
GBP
166.33

EOS
% 1h
0.98
% 24h
19.62
% 7d
35.00
USD
5.110
EUR
4.250
GBP
3.690
     
Tether
% 1h
0.97
% 24h
1.03
% 7d
0.42
USD
0.9958
EUR
0.8279
GBP
0.7182

Binance Coin
% 1h
0.51
% 24h
10.85
% 7d
9.05
USD
493.88
EUR
410.61
GBP
356.37
     
Tezos
% 1h
1.51
% 24h
16.05
% 7d
33.95
USD
4.500
EUR
3.740
GBP
3.250

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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