Top 10 Coins

Bitcoin
% 1h
0.21
% 24h
0.29
% 7d
3.02
USD
28,430
EUR
26,161
GBP
23,030
     
Ethereum
% 1h
0.18
% 24h
0.54
% 7d
4.08
USD
1,822.7
EUR
1,677.2
GBP
1,476.5

XRP
% 1h
0.33
% 24h
3.41
% 7d
20.40
USD
0.5139
EUR
0.4728
GBP
0.4162
     
Bitcoin Cash
% 1h
0.17
% 24h
0.21
% 7d
0.15
USD
124.07
EUR
114.16
GBP
100.50

Bitcoin SV
% 1h
0.28
% 24h
0.08
% 7d
0.82
USD
35.96
EUR
33.09
GBP
29.13
     
Litecoin
% 1h
0.10
% 24h
3.83
% 7d
0.52
USD
93.09
EUR
85.66
GBP
75.41

EOS
% 1h
0.06
% 24h
0.15
% 7d
2.09
USD
1.190
EUR
1.098
GBP
0.9667
     
Tether
% 1h
0.00
% 24h
0.01
% 7d
0.00
USD
1.002
EUR
0.9219
GBP
0.8116

BNB
% 1h
0.06
% 24h
0.81
% 7d
2.98
USD
314.42
EUR
289.32
GBP
254.70
     
Tezos
% 1h
0.01
% 24h
1.23
% 7d
1.52
USD
1.120
EUR
1.028
GBP
0.9054

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