Market update-

Over the last few days we have been watching the Bitcoin buy wall under $60k. Be aware that this morning these orders are no longer there. This is not uncommon with big orders cancelling over the weekend. We have once again seen $60k hold strong as it was tested again during the night, but we have not seen enough volume to see any significant bounce so far. The trendlines on the chart show that the price action is compressing and very soon we will get a bigger move. Until Bitcoin makes a decision we will continue to look at altcoin set ups.

Coins showing volatility this morning: CHR, BAND, TRX.