Watchlist: 5/24 Cryptos Draw Down

Market Notes:

Crypto markets continued lower over the weekend as sellers are outnumbering buyers. Most in the space are still bullish on crypto in general but I believe much of the new money is having its first reality check.

I remain bullish on Bitcoin… I have little faith in the altcoins. But never say never…

Stocks are still in the summer trading mode. Ignore the inflation talks, everyone needs to look at their calendar and remember it’s normal for summer to be slow.

I’m still risk off. I’m willing to buy more Bitcoin if it drops below $20K.

Watchlist:

*Low Float

*ADES watching for a setup above $7
*PDSB is on watch
WRAP has resistance at $7.30
BRFS has support at $4.75

OTC (on watch, no levels):
HTZGQ, TAWNF, GGII, HMBL, ABML, MJWL, TUEM

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