📊 AEONUSDT.P (KuCoin) — Technical Review
Movement: SHORT
Timeframes: 1D, 4H, 1H
🔽 Chart Pattern
On the daily timeframe, a "Cup with Handle" pattern is forming — at this moment, the handle has not yet completed.
On the 4-hour timeframe, a bearish flag is visible — a model indicating continuation of the downward movement.
On the 1-hour timeframe, a triple top is observed, which has already broken below the neckline and moved downward.
Meanwhile, local bearish patterns on lower timeframes may serve as "resources" for completing the cup formation on the daily timeframe.
The current structure is not contradictory but rather layered — and this is important to consider.
📈 Indicators (Daily TF)
- Bollinger Bands — bands are gradually narrowing, price is building momentum before a breakout.
- Price — is at the upper BB band, indicating overbought conditions → SHORT.
- MA 9 and MA 21 — formed a golden cross on August 18 → short-term LONG.
- RSI 14 — value at 47.97, bears are beginning to regain control.
📉 Indicators (4-Hour TF)
- Bollinger Bands — slight narrowing, mostly unchanged.
- MA 9 — crossed below a bearish candle on August 18 at 23:00 (MSK) → short-term SHORT.
- MA 21 — crossed below a bearish candle on August 19 at 07:00 (MSK) → SHORT, longer-term.
- MACD — formed a death cross on August 18 at 23:00 (MSK) → SHORT.
- MACD — a potential bullish divergence is visible (requires confirmation).
- RSI 14 — value at 51.46, bulls still maintain control.
💧 Liquidity and Movement Scenario
Based on the liquidity map and current market structure, I have outlined the following sequence of events:
1. Decline to 0.07823 — this zone contains a large long liquidation and is expected to close the gap.
2. Rebound upward to 0.09713 — the last short liquidation is located here; price will likely absorb it.
3. Pullback downward — from the upper boundary, completing the bearish flag pattern and breaking the neckline.
🧠 Conclusion
The movement structure appears layered but logical.
Lower timeframes provide bearish signals that may fuel the completion of the "cup" on the daily timeframe.
Primary scenario: decline, rebound, then renewed drop with breakout of key levels.
Priority: SHORT.
🔄 Action Plan
Analysis will be updated every 4 hours based on changes in liquidity and new data.
⚠️ This material is for informational purposes only and does not constitute investment advice. All decisions are made by you at your own risk.
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