Crypto News
BTC took out the $80.8K previous-day high before showing another rejection, leaving a large wick on both the 1H and 4H charts. Lennaert Snyder said he is personally looking to fill that wick.
For today's session, Snyder identified one potential setup: a scalp-long toward the 50% wick-fill level near $81K. That keeps the BTC setup focused on short-term price action, not a broader directional forecast.
Frequently asked questions
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Which timeframes showed the rejection wick?
The rejection left a large wick on both the 1H and 4H charts.
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What setup did Lennaert Snyder identify for the session?
He identified a potential scalp-long for today, aimed at the 50% wick-fill level near $81K.
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Where is the proposed 50% wick-fill target?
The proposed 50% wick-fill level is around $81K.
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Why is the setup described as intraday rather than a trend forecast?
The only setup identified is a scalp-long for today, centered on a 50% wick fill near $81K.
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Did Snyder identify multiple setups for today?
No. Snyder identified only one potential setup for today, a scalp-long toward the 50% wick-fill level near $81K.
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