HYPEUSDT 1d · Quasimodo · long
WAITING FOR A RETURN TO QMLOpen · updated 06.10 00:00 UTC · forecast for HYPEUSDTTimeline
- Liquidity formed: local low 36.752 (left shoulder)
- Structural high 41.580 confirmed
- Price took out the liquidity beyond the left shoulder
- Head 34.444 confirmed
- CHoCH: close above the structural high 41.580. Quasimodo confirmed
- Price is approaching QML
Why this setup was found
First the market formed a local low 36.752 (left shoulder). Stop orders piled up below it, that is, liquidity.
Then price took that liquidity: the head reached 34.444, which is 2.308 (0.88 ATR) below the left shoulder.
Then price closed above the previous structural high 41.580 (close 42.242). This is a bullish CHoCH: a change of market character.
The left shoulder zone (36.752–37.341) became the QML level: price often returns here before continuing the move.
A fresh bullish order block overlaps QML by 19%: big players already built positions in this zone.
There were equal lows nearby: they were what price hunted.
On the break candle aggressive buyers dominated (50% of volume).
Now: waiting for price to return to QML.
This is a scenario built from market data, not a guarantee of the result.