OrderBlock.net

DOGEUSDT 1h · Quasimodo · long

WAITING FOR A RETURN TO QMLOpen · updated 06.10 19:00 UTC · forecast for DOGEUSDT
QML (entry zone)Order blockTap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local low 0.09265 (left shoulder)
  • Structural high 0.09312 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 0.09246 confirmed
  • CHoCH: close above the structural high 0.09312. Quasimodo confirmed
  • Price is approaching QML

Why this setup was found

First the market formed a local low 0.09265 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 0.09246, which is 0.0001900 (0.37 ATR) below the left shoulder.

Then price closed above the previous structural high 0.09312 (close 0.09342). This is a bullish CHoCH: a change of market character.

The left shoulder zone (0.09265–0.09289) became the QML level: price often returns here before continuing the move.

A fresh bullish order block overlaps QML by 17%: big players already built positions in this zone.

There were equal lows nearby: they were what price hunted.

Structure on 4h: bullish (supports the idea).

On the break candle the aggressive flow went against the break (48% of volume).

Now: waiting for price to return to QML.

This is a scenario built from market data, not a guarantee of the result.

Confirmations and contradictions

Liquidity takenConfirmation
Equal lowsConfirmation
Change of character (CHoCH)Confirmation
QML not touched yetConfirmation
Fresh bullish order block at QMLConfirmation
4h: structure is bullishConfirmation
Delta against the breakAgainst
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown