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HYPEUSDT 1h · Quasimodo · long

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

Timeline

  • Liquidity formed: local low 87.918 (left shoulder)
  • Structural high 88.837 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 87.725 confirmed
  • CHoCH: close above the structural high 88.837. Quasimodo confirmed

Why this setup was found

First the market formed a local low 87.918 (left shoulder). Stop orders piled up below it, that is, liquidity.

Then price took that liquidity: the head reached 87.725, which is 0.1930 (0.18 ATR) below the left shoulder.

Then price closed above the previous structural high 88.837 (close 88.862). This is a bullish CHoCH: a change of market character.

The left shoulder zone (87.918–88.086) became the QML level: price often returns here before continuing the move.

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 (49% 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
4h: structure is bullishConfirmation
Delta against the breakAgainst
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown