Top 10 Coins

Bitcoin
% 1h
0.06
% 24h
0.02
% 7d
12.47
USD
21,422
EUR
20,293
GBP
17,466
     
Ethereum
% 1h
0.16
% 24h
1.58
% 7d
25.11
USD
1,245.2
EUR
1,179.6
GBP
1,015.3

XRP
% 1h
0.21
% 24h
0.78
% 7d
18.59
USD
0.3668
EUR
0.3475
GBP
0.2991
     
Bitcoin Cash
% 1h
0.38
% 24h
1.65
% 7d
0.55
USD
117.48
EUR
111.29
GBP
95.79

Bitcoin SV
% 1h
0.19
% 24h
0.34
% 7d
14.56
USD
63.65
EUR
60.30
GBP
51.90
     
Litecoin
% 1h
0.76
% 24h
3.75
% 7d
23.91
USD
58.76
EUR
55.66
GBP
47.91

EOS
% 1h
0.53
% 24h
0.45
% 7d
14.18
USD
1.018
EUR
0.9640
GBP
0.8297
     
Tether
% 1h
0.02
% 24h
0.01
% 7d
0.05
USD
1.000
EUR
0.9477
GBP
0.8157

BNB
% 1h
0.27
% 24h
0.39
% 7d
21.39
USD
239.60
EUR
226.98
GBP
195.36
     
Tezos
% 1h
0.99
% 24h
0.70
% 7d
20.10
USD
1.550
EUR
1.470
GBP
1.260

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