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MUUSDT 1h · Quasimodo · short

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

Timeline

  • Liquidity formed: local high 1,096.8 (left shoulder)
  • Structural low 1,086.5 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 1,114.7 confirmed
  • CHoCH: close below the structural low 1086.5. Quasimodo confirmed
  • Price is approaching QML

Why this setup was found

First the market formed a local high 1,096.8 (left shoulder). Stop orders piled up above it, that is, liquidity.

Then price took that liquidity: the head reached 1,114.7, which is 17.950 (1.36 ATR) above the left shoulder.

Then price closed below the previous structural low 1,086.5 (close 1,083.7). This is a bearish CHoCH: a change of market character.

The left shoulder zone (1,093.7–1,096.8) became the QML level: price often returns here before continuing the move.

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

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

On the break candle aggressive sellers dominated (52% 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 highsConfirmation
Change of character (CHoCH)Confirmation
QML not touched yetConfirmation
4h: structure is bearishConfirmation
Delta confirms the breakConfirmation
CVD confirmed the headAgainst
Absorption at QMLUnknown
Footprint (from trades)Unknown