Our algorithms entered long in crypto at breakout

The blockchain total market capitalization is at the beginning of a new momentum trend of what it seems the most likely scenario would be a stage 2 trend (uptrend).

Most of our momentum trading bots that trade blockchain assets as underlying's have entered long with stop trailing orders.

The RSI in the weekly chart is of +70.11 for Bitcoin CME Futures and of 68.07 for the total blockchain market capitalization. A very strong trend.

A short-term trend pullback so that afterwards it continues the uptrend is the most likely scenario, but, even if in the end the trend loses strength and it goes to a stage 4 one (bearish), our bots will short-sell the market anyways.

Entering long in equity indices and blockchain assets with algorithmic momentum is the weekly main update from our side.