Lennaert Snyder
Lennaert Snyder|Sep 02, 2026 15:07
bitcoin:native gave us nice action this NY-session. The momentum short I shared in the comments during London printed 1.5R, so that's in the pocket. We tested the 76K region which was our long-POI as mentioned the last couple of days. Bitcoin swept the PDL, mitigated the 76K region, and had a nice bounce. Unfortunately my limit order was a bit lower because I wanted to test the 76K region deeper. I took one last scalp-short at 77.4K to target 76K a bit deeper, this is risky because we swept the low and induced sellers with that sweep. Depending on your risk appetite you can look at scalps like the above, I'm going BE because preserving capital is the number one priority. Plan remains the same, test towards deeper 76K or 75K for longs. Sweeping 79.4K remains valid for shorts after the trigger.(Lennaert Snyder)
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