· The coin appears to be in a downtrend (showing -27% to -28% decline) · Price is around $1.3837-$1.3945 across the screenshots · 24h High: $2.2000, 24h Low: $1.2500
Break of Structure Identification:
· The BOLL indicators show compression across the three timeframes: · 4 H: BOLL (1.3220), UB (2.2594), LB (0.3845) · 1 H: BOLL (1.4759), UB (1.7309), LB (1.2210) · 15 M: BOLL (1.4391), UB (1.4917), LB (1.3866)
Demand Zone:
· The $1.2500 level (24h low) appears to be a significant demand zone · Price is currently bouncing slightly from this level ($1.3837 → $1.3945)
Liquidity Levels:
· Downside Liquidity: Below $1.2500 (24h low) · Upside Liquidity: Above $2.2000 (24h high) and around $2.36-$2.61 range shown on charts
Hypothetical Trade Analysis
analyzing a liquidity sweep pattern:
1. Liquidity Sweep: Price swept below $1.2500? (24h low) 2. Liquidity Hunt: Current bounce from demand zone 3. Potential Run: If price holds above demand zone
For a $500 hypothetical position:
· Entry consideration: Around current price ($1.39) · Stop loss: Below $1.25 (demand zone violation) · Target 1: $1.69 (first resistance) · Target 2: $2.02-$2.08 (next liquidity levels)
Important Risk Considerations:
The coin shows significant volatility (-28% daily move) which requires extreme caution. $POWER
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#CelebratingNewYearOnGateSquare Analyze the market structure of this POWER/USDT chart.
Market Structure Analysis:
Current Market Structure:
· The coin appears to be in a downtrend (showing -27% to -28% decline)
· Price is around $1.3837-$1.3945 across the screenshots
· 24h High: $2.2000, 24h Low: $1.2500
Break of Structure Identification:
· The BOLL indicators show compression across the three timeframes:
· 4 H: BOLL (1.3220), UB (2.2594), LB (0.3845)
· 1 H: BOLL (1.4759), UB (1.7309), LB (1.2210)
· 15 M: BOLL (1.4391), UB (1.4917), LB (1.3866)
Demand Zone:
· The $1.2500 level (24h low) appears to be a significant demand zone
· Price is currently bouncing slightly from this level ($1.3837 → $1.3945)
Liquidity Levels:
· Downside Liquidity: Below $1.2500 (24h low)
· Upside Liquidity: Above $2.2000 (24h high) and around $2.36-$2.61 range shown on charts
Hypothetical Trade Analysis
analyzing a liquidity sweep pattern:
1. Liquidity Sweep: Price swept below $1.2500? (24h low)
2. Liquidity Hunt: Current bounce from demand zone
3. Potential Run: If price holds above demand zone
For a $500 hypothetical position:
· Entry consideration: Around current price ($1.39)
· Stop loss: Below $1.25 (demand zone violation)
· Target 1: $1.69 (first resistance)
· Target 2: $2.02-$2.08 (next liquidity levels)
Important Risk Considerations:
The coin shows significant volatility (-28% daily move) which requires extreme caution.
$POWER