Top 10 Coins

Bitcoin
% 1h
0.40
% 24h
1.33
% 7d
6.11
USD
47,956
EUR
40,897
GBP
34,901
     
Ethereum
% 1h
0.70
% 24h
3.83
% 7d
3.94
USD
3,396.9
EUR
2,896.9
GBP
2,472.2

XRP
% 1h
0.74
% 24h
1.01
% 7d
0.25
USD
1.070
EUR
0.9147
GBP
0.7806
     
Bitcoin Cash
% 1h
0.76
% 24h
1.00
% 7d
0.96
USD
628.55
EUR
536.03
GBP
457.44

Bitcoin SV
% 1h
0.68
% 24h
1.08
% 7d
1.64
USD
156.72
EUR
133.65
GBP
114.06
     
Litecoin
% 1h
0.85
% 24h
2.34
% 7d
0.32
USD
179.32
EUR
152.93
GBP
130.51

EOS
% 1h
0.99
% 24h
1.33
% 7d
11.10
USD
5.180
EUR
4.420
GBP
3.770
     
Tether
% 1h
0.10
% 24h
0.23
% 7d
0.27
USD
0.9996
EUR
0.8525
GBP
0.7275

Binance Coin
% 1h
0.58
% 24h
2.32
% 7d
1.25
USD
409.20
EUR
348.98
GBP
297.81
     
Tezos
% 1h
0.10
% 24h
1.82
% 7d
5.73
USD
6.450
EUR
5.500
GBP
4.700

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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