Lennaert Snyder
Lennaert Snyder|Oct 20, 2026 07:51
BTC dropped straight into our 81.1K long-POI. My limit-long on Bitcoin got filled, and I also took a long on Solana yesterday. Those are nice hedges against yesterdays short from 82.8K that all hit TP's with this dump. The dump and retest of the POI happened during Asia, so it's possible that we get another sweep today during London/NY. How I view it at the moment, all sweeps above the 79.8K PWL are valid for longs towards the 83.5K/84K region. So if we see a nice sweep of the current 81.2K low followed by a LTF shift, I'm probably adding margin. The arrow I drew is not a hard level since we never know how deep the sweep could go. My targets for the move back up are at the Q.O. in the 83.5K/84K region + 85K region. Leaving a runner open as usual. For shorts I'm looking after the trigger at my TP levels, so the 83.5K region and 85K region. If we get the move back up I don't think todays daily candle reaches 83K+, possibly tomorrow. For now I hope to see the 79.8K PWL being defended, if we lose it I'll simply wait for another shift.
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