SO previously if you have seen me analyzing fartcoin, its on this basis that all OB works in place so well, So would decipher it better. Also you can see my old posts to get a conclusion on whats to be done.
Coming to the Market Profile -
we can see that the market has built a solid volume base around the $1.08–$1.11 zone, with multiple POCs (Point of Control) stacking here — indicating strong buyer interest and fair value acceptance. This region is acting as a strong demand zone. The structure is developing a higher-low pattern since April 22nd, suggesting bullish intent, especially as price is trying to hold above the VAL/POC levels of the last two profiles. However, each upward push is still getting capped near the $1.14–$1.16 VAH area, which now becomes a critical breakout zone. If price can close above $1.16 with volume, we can expect expansion towards $1.20+. On the flip side, if price loses $1.08 and starts building value below it, that would shift the bias bearish again with potential retest of $1.03–$1.00.
Now based on this, ive drew a lower TF 1H parabolic steep curve, which is also marked on my channel for better understanding. Now at this very point of time on 4H LTF the same pattern is being formed where invalidation is done (which is a prior to a swing before a UTAD move)
As you see cyan boxes say the pattern to get achieved and for the green is yet to be achieved!! Also have marked a major block, where most settlement of big longs and new buyers would be encouraged!!
Coming to the Market Profile -
we can see that the market has built a solid volume base around the $1.08–$1.11 zone, with multiple POCs (Point of Control) stacking here — indicating strong buyer interest and fair value acceptance. This region is acting as a strong demand zone. The structure is developing a higher-low pattern since April 22nd, suggesting bullish intent, especially as price is trying to hold above the VAL/POC levels of the last two profiles. However, each upward push is still getting capped near the $1.14–$1.16 VAH area, which now becomes a critical breakout zone. If price can close above $1.16 with volume, we can expect expansion towards $1.20+. On the flip side, if price loses $1.08 and starts building value below it, that would shift the bias bearish again with potential retest of $1.03–$1.00.
Now based on this, ive drew a lower TF 1H parabolic steep curve, which is also marked on my channel for better understanding. Now at this very point of time on 4H LTF the same pattern is being formed where invalidation is done (which is a prior to a swing before a UTAD move)
As you see cyan boxes say the pattern to get achieved and for the green is yet to be achieved!! Also have marked a major block, where most settlement of big longs and new buyers would be encouraged!!
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Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
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Official Telegram Channel : @mastaishere | 〽️agic Begins 🪄 with 〽️astaCrypta! |
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.