// Bitcoin + new altcoin plays (ltf update)



/ $BTC

And we Jim Cramered the whole bounce from yesterday back down lol.

Zone still holding, and like I said yesterday, more chop in the deviation zone wouldn’t invalidate this as a bounce area.

> Still holding deviation: either a small dip or can even sweep the local low.

> Extreme case but still holding: quick dip into 100k/mid-range zone and bounce back up.

But if we start closing heavy Daily + candles down there, I'll turn short/medium term cautious. (invalidation short-term bullishness)

Still absolutely leaning towards this deviation zone to hold and bounce.

Especially since Gold seems to be slowing down after a big move up. So far this cycle, Bitcoin has dipped every time Gold ran another leg up, only to catch up once Gold formed a local top.

/ New plays

Opened two new plays this week, while Bitcoin retested this local range high, and both plays are doing quite okay, so feeling good just holding these open.

1. $ZEC
- HTF mid-range retest
- LTF fake out below, followed by the reclaim and retest, which we used to enter.

First TP1 hit for roughly 40% profit, holding the remainder.

2. $PUMP

Didn't run up yet like ZEC, but also showing some relative strength. Chilling a little above entry.

Still interested in accumulating around the range low zone, even possible to do another sweep of the local lows and fake out below. Will add if we do this and reclaim.|

If Bitcoin loses the range high by a super heavy close below, I might close this for a loss and wait until we get a better setup again. For now, leaving it open.
BTC-0.22%
ZEC-5.12%
PUMP1.48%
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