#BTC 24 Hour Update
https://www.tradingview.com/x/nyr67iNU/Market overview!!!!
1. BTC - Currently I can see BTC headed to 5500 after picking up some liquidity now at the recent low, what I'm most interested is when will BTC be printing some divergences to signify a cooldown
The momentum is strong and it's something I want to see in BTC so we push upwards to other untested resistances, first one being 5500
We would also print a' three drives into a high' pattern which would be confluent for our short idea, more-so if we top out there the 618 will be printed where we're planning a long
So far so good with our ideas
2. ALTCOINS - Judging by the recent activity in some altcoin charts we're seeing massive volatility spikes to shake out some weak hands, in my opinion with or without these wicks 'MOST' altcoins still look good
My favourite picks are XMR and BTT, XMR we already called some week or so ago and with BTT we already posted two calls, one swing that's still waiting and one scalp Alex did which was pretty good
Overal this month is going to be fun in my opinion with a lot of opportunities headed our way
Only frustrating thing is BitMEX altcoins are wicking around so hard and disrespecting levels, for example on Binance TRX hit 530 perfectly whilst on BitMEX it wicked to 480
We advise caution trading altcoins on mex right now as we'll wait for it to calm down just a tiny bit before initiating some scalps or swings
Stay tuned for more updates and stay safe out there, don't get caught in the FOMO!
ߋ cryptomedics
https://www.tradingview.com/x/nyr67iNU/