Lennaert Snyder
Lennaert Snyder|Nov 12, 2026 15:05
BTC shorts as shared in this mornings analysis executed and profits secured. As explained, when Bitcoin lost the 73.5K PWL with speed, I entered aggressively at the 73.1K retest. I posted the exact entry in the comment of this mornings post, I mostly post updates in the comment section of my posts. Absolutely beautiful PA, do you see on the 1H how we close the first candle below the PWL, and how the next candle opens -> high and immediately uses it as resistance? This shows the market is in an urgency to reprice lower, so according to plan I traded in sync with that. Profits for the week are locked, and we're currently trading in a big daily imbalance now. The 50% could deliver a small bounce, or otherwise the 100% fill. Note that it's counter-trend. For longs I want to see a clear shift from one of those regions, and I'll approach it as hedges against the short. I'll let the short do the heavy lifting for now, and give price some time to stabilise after this drop is done. No fomo, no rush. Just wait for the right POI's, time, and entry models.
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