Key Observations & Analysis
Structure & Trend
You can see a clear downtrend in June.
Price formed an inverted head and shoulders pattern:
Left Shoulder: Early June low.
Head: Deeper low mid-June.
Right Shoulder: Late June higher low.
This is a bullish reversal pattern.
Trendline Breakout: After the right shoulder formed, price broke the diagonal trendline resistance (marked “trendline breakout”)—signaling bullish momentum.
Breakout & Rally
Strong volume increase confirmed the breakout.
Price trended up rapidly after the breakout, forming higher highs and higher lows.
Recent Price Action
The current price is consolidating in a key supply zone (gray shaded area).
Marked order block: a potential supply zone where smart money may sell.
Price has also made a Market Structure Shift (MSS)—suggesting the uptrend could be losing steam.
HTF POI (Higher Timeframe Point of Interest)
The upper gray box labeled HTF POI between ~0.0167–0.0175.
This is likely a major resistance area.
Price is testing this zone repeatedly.
Liquidity & Target
Trend liquidity has been swept, meaning stops above recent highs have likely been taken.
There is a blue shaded box indicating a potential short scenario:
Entry near the order block.
Target near the prior consolidation support around ~0.008–0.009.
This implies a bias toward a corrective move or retracement.
Volume & RSI
Volume spiked during breakout and has since decreased—often a sign of buyer exhaustion.
RSI around ~58—neutral but no overbought signal yet.
✅ Interpretation Summary
Bullish Arguments:
The inverted head and shoulders broke out cleanly.
Strong trend continuation into higher timeframe resistance.
Bearish Arguments:
Price is consolidating under significant resistance (HTF POI).
Order block + liquidity sweep suggest potential distribution.
Market structure shift indicates sellers are stepping in.
The blue target box shows a potential retracement target near 0.008–0.009.
✅ What This Likely Means
Scenario 1 (Continuation):
If price breaks cleanly above 0.0175 with strong volume, continuation higher is likely.
Scenario 2 (Rejection):
If price keeps rejecting this order block, a short-term pullback toward 0.009 becomes probable.
✅ Tip if You’re Trading This
Watch for a clear reaction in the gray order block area.
Confirmation of rejection could trigger shorts.
A strong close above the HTF POI invalidates the bearish scenario.
Structure & Trend
You can see a clear downtrend in June.
Price formed an inverted head and shoulders pattern:
Left Shoulder: Early June low.
Head: Deeper low mid-June.
Right Shoulder: Late June higher low.
This is a bullish reversal pattern.
Trendline Breakout: After the right shoulder formed, price broke the diagonal trendline resistance (marked “trendline breakout”)—signaling bullish momentum.
Breakout & Rally
Strong volume increase confirmed the breakout.
Price trended up rapidly after the breakout, forming higher highs and higher lows.
Recent Price Action
The current price is consolidating in a key supply zone (gray shaded area).
Marked order block: a potential supply zone where smart money may sell.
Price has also made a Market Structure Shift (MSS)—suggesting the uptrend could be losing steam.
HTF POI (Higher Timeframe Point of Interest)
The upper gray box labeled HTF POI between ~0.0167–0.0175.
This is likely a major resistance area.
Price is testing this zone repeatedly.
Liquidity & Target
Trend liquidity has been swept, meaning stops above recent highs have likely been taken.
There is a blue shaded box indicating a potential short scenario:
Entry near the order block.
Target near the prior consolidation support around ~0.008–0.009.
This implies a bias toward a corrective move or retracement.
Volume & RSI
Volume spiked during breakout and has since decreased—often a sign of buyer exhaustion.
RSI around ~58—neutral but no overbought signal yet.
✅ Interpretation Summary
Bullish Arguments:
The inverted head and shoulders broke out cleanly.
Strong trend continuation into higher timeframe resistance.
Bearish Arguments:
Price is consolidating under significant resistance (HTF POI).
Order block + liquidity sweep suggest potential distribution.
Market structure shift indicates sellers are stepping in.
The blue target box shows a potential retracement target near 0.008–0.009.
✅ What This Likely Means
Scenario 1 (Continuation):
If price breaks cleanly above 0.0175 with strong volume, continuation higher is likely.
Scenario 2 (Rejection):
If price keeps rejecting this order block, a short-term pullback toward 0.009 becomes probable.
✅ Tip if You’re Trading This
Watch for a clear reaction in the gray order block area.
Confirmation of rejection could trigger shorts.
A strong close above the HTF POI invalidates the bearish scenario.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。