VIAQUANT

VIAQUANT

I hate to be bearish during such an incredible rally, but I do want to point out some potential warning signs in ETH's chart to be aware of. The first problem is even when BTC made a new micro high above $30k - Eth failed to get above its last high creating a sort of double top formation. The second sign that is worrisome is our black trendline has still be...

VIAQUANT

Hello everyone here at Viaquant we give you the most up-to-date info for the crypto markets. After pointing out our potential bull flag - BTC's price tried to break out of the pattern and immediately got rejected. This means it was a failed breakout and the pattern is not in play. This is usually what is known as a bull trap when traders go long and whales scoop...

VIAQUANT

Hello Traders. Here is a pattern on the 30min to keep any eye on. If we are to see one more leg to the upside before a pullback then this mini bullflag could be it. If we are able to close a candle above this pattern then we have two measured moves (depending on where you draw the flagpole from). The first pole (black) would give us a price target of around ...

VIAQUANT

This move has played out picture perfect. Please check out "BTC - Next Week Expectations" to see the prediction vs reality. Upon open of CME we created a gap that is currently around the low $28k region. If you have been watching CME you knows these gaps like to be filled. We are also finding resistance at overbought conditions on our 4H RSI (red circle). In...

VIAQUANT

BTC has been boring this past week, but we are finally starting to see some movement. Here at Viaquant, we expect price to push up (due to low liquidity and potential short squeezes) over the next couple days. BTC is currently holding candle body support at the 21D MA. We theorize that BTC will break our last high of around $29.2k and retest our rising wedge again...

VIAQUANT

Hello Everyone. This is an update to my idea "SOL - Will Make a Decision This Week" As pointed out in the previous post it looked like we were forming a bear flag for SOL. Recently we have broken down from our flag, confirmed the breakdown, then retested our trendline of old support flipped into new resistance. Our measured move would put us back around our low...

VIAQUANT

Hello everyone this is a update to my post "ETH - Creating Market Structure" Right now we have just retested the top of our trendline that has been acting as resistance over the past few weeks. We also have formed a 4H doji that could signal a reversal. Also, we are very close to overbought on our 4H RSI. Daily close will be key today.

VIAQUANT

Hello Everyone. This is an Update to my post "BTC - Rising Wedge Pattern to Watch". Please refer to this idea for additional information and targets. Here is the 4H timeframe where it looks like we have broken down from our rising wedge. So far we have had 2 RETESTS to our old support trendline now looking like a new resistance trendline. If we are to breakdown...

VIAQUANT

Overnight we formed a nice ascending triangle with constant higher lows and our same resistance at the top. Ascending triangles are usually bullish, but the strength of the trend does not seem strong enough to break. Here I will give you both targets of this pattern. If we have a bullish breakout from our resistance we would measure our fib level which would...

VIAQUANT

ICX is struggling to stay above the $0.30 level. It is also overbought on the daily which could be signaling some weakness in the trend. If we get a full retracement from these levels the 0.618 around ($0.21) could be very key for the trend. A candle break above $0.30 could negate this bearish thesis.

VIAQUANT

After Doge's immaculate 30% rally today we may be seeing the first signs of a top form. The first sign is we got rejected from our $0.098-0.11 range of resistance. The second sign is we double topped at the exact same level on our 4H RSI (we are also right at overbought on the daily). The third is the inverted hammer we are about to print on the 4H chart. This...

VIAQUANT

APT is in a very bullish pattern . We will analyze two situations in which APT could move. If we are in a falling wedge , then price will most likely fall to the bottom of our wedge /next demand zone . We can see how important old highs are for APT market structure. We can see the first resistance (red circle) become our new macro support (green circle) around...

VIAQUANT

This coming week we are looking for major volatility in the stock market that could bleed over into crypto. We are actively looking for the potential direction of what we could expect for next week and strictly based on TA it looks like the bears will be trying to regain control. The first takeaway would be our trendlines of support and resistance (thick black...

VIAQUANT

As we move closer to the apex of our triangle pattern for Solana we should see a breakout/breakdown this week. The technical measured move for the breakout would be around $34 putting us close that last major high of $36-37 and the measured move for the breakdown would put us back around the $10-11 psychological range. There is still a key support range between...

VIAQUANT

INJ has just retested a trendline that has been established since May of 2022. It began as a trendline of support before being broken and flipped into new resistance. Now we have had many touch points upon this trendline that have continued to act as resistance. Therefore, after the tap today it could be a good idea to look for some good risk/rewards shorts. A...

VIAQUANT

Here I will outline what I currently see for BTC and what to expect from an upside perspective and the downside perspective. Let's begin with the downside perspective as it seems much more likely. Right now we are in what seems to be a rising wedge . This is generally a very bearish pattern . If we start to breakdown from this rising wedge then people will be...

VIAQUANT

After yesterdays FOMC meeting the crypto markets were faced with lots of volatility and decisions to be made. Today is no different. In regards to our previous post lets analyze the current price action. Price action was supported by the 200MA on the 1H (Blue line with green circle). Upon confirming the current support of the 1H 200MA we have now come to a very...

VIAQUANT

Read our recent post to understand the importance of the 0.618 ($28,850) level. We were watching for a reversal at this key liquidity level and so far we have gotten it. After touching it exactly upon the number being released the sellers came in strong. What we are looking at is the 1H chart. A few takeaways are the rejection at exactly $28,850, the RSI...