Lennaert Snyder|5月 11, 2026 17:59
Closing 75% of my BTC long here (apologies for the telephone chart).
Why did I take this scalp? With the liquidity sweep I marked, all internal range liquidity got taken out followed by a solid reaction.
On the 15M I saw a nice hammer + engulfing candle, and the previous daily low was being defended.
As described in this mornings analysis, if the PDL is being defended, aiming for the PDH is valid.
Closing most of it here because we now took out all late/fomo shorts. If BTC has bearish intentions, it could start here.
Best case for a bullish week is gaining the previous weekly high at ~$82,500.
Let’s see what the rest of the week brings.(Lennaert Snyder)
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