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SOLUSDT 4h · Quasimodo · short

PRICE IN THE QML ZONEOpen · updated 06.10 16:00 UTC · forecast for SOLUSDT
QML (entry zone)Tap the markers for explanations · time in UTC · delta and CVD below

Timeline

  • Liquidity formed: local high 121.6 (left shoulder)
  • Structural low 117.3 confirmed
  • Price took out the liquidity beyond the left shoulder
  • Head 122.8 confirmed
  • BOS: close below the structural low 117.3. Quasimodo confirmed
  • Price is approaching QML
  • Price entered the QML zone

Why this setup was found

First the market formed a local high 121.6 (left shoulder). Stop orders piled up above it, that is, liquidity.

Then price took that liquidity: the head reached 122.8, which is 1.180 (0.48 ATR) above the left shoulder.

Then price closed below the previous structural low 117.3 (close 117.2). This is a bearish BOS: a break of structure.

The left shoulder zone (120.1–121.6) became the QML level: price often returns here before continuing the move.

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

Structure on 1d: bullish (against this idea).

On the break candle aggressive sellers dominated (51% of volume).

There was no absorption on the candle that returned to QML.

Now: price entered the QML zone.

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

Confirmations and contradictions

Liquidity takenConfirmation
Equal highsConfirmation
1d: structure is bullishAgainst
Delta confirms the breakConfirmation
CVD confirmed the headAgainst
No absorption at QMLAgainst
Footprint (from trades)Unknown