VIAQUANT

VIAQUANT

ETH just had over an 8% liquidation hunt to the downside. The chart on the left shows the zoomed out daily (with our two important trendlines) and the chart on the right is a zoomed in 2H chart showcasing the firesale wick we just printed. This happened exactly as the clock struck 3:00 CT, so maybe it was news related, but I have not found anything yet. What I...

VIAQUANT

Just wanted to highlight STX as it is an asset that should experience additional growth this cycle with BTC. Today, Grayscale announced it will be adding NEAR and STX. This shows a few outlying themes with institional interest in altcoins. One is building on top of BTC (STX) and one is related to AI scalability (NEAR). Looking at the weekly chart for STX our...

VIAQUANT

With the recent ETH etf hype, I thought it was time to check back up on my SOL/ETH chart and as expected there have been some major developments. Based on the chart it looks like ETH with take back the throne and out perform SOL for the time being. What this chart shows is that we have seen major supply (or Solana being converted into ETH) in this red box....

VIAQUANT

Due to recent price action it has given us the most important level to watch. This is a vital post to comprehend and understand to maximize gains. The chart on the left is the candle stick chart on the 3D and the chart on the right is the line chart. Let's begin with the line chart (right). Here we can clearly see Bitcoin's most important level on the 3D is...

VIAQUANT

Here is an update to our previous post where we predicted the bottom for TSX:RLB was in. That post can be found here. This post did mark a short term bottom as TSX:RLB rallied almost 74%! Then we hit our resistance trendline as labeled "current resistance" in the post found below. Which caused price to create a lower low. Now we are back with a...

VIAQUANT

BTC has currently climbed to test and potentially break above the key resistance outlined in this previous post: If we are able to have a successful break above, the measured move would lead us near SWB:69K with and additional target of our previous ATH. Keep in mind, price did have a previous failed breakout above this trendline before so its very...

VIAQUANT

Just wanted to leave this chart here with the two most important trendlines drawn out in the short term (white lines). There have been many touchpoints of support/resistance (green/red arrows) validating these trendlines so keep your eyes on this chart.

VIAQUANT

Right now the weekly chart seems to be the most important thing to watch for when this bearish momentum will stall out. If we look at the RSI there are two very important trendlines to watch (green and red). The green is currently the most important and has market BTC's RSI low since June of 2022. The red trendline will come into play in the future. We also...

VIAQUANT

Here's what to expect next based on current price action. The most important trendline to watch for upwards momentum back in this market is the orange trendline. This trendline has represented many touch points of where sellers came in and have created multiple tops since BTC's all time high of $73,800. We also saw a breakout above followed by a failed breakout....

VIAQUANT

Here is an update to our previous post: Currently we have seen ETH perfectly test our trendline of old resistance flipped into new support. Right now ETH is creating the perfect structure to begin a leg higher. CPI is tomorrow which will have a big impact on PA. Will continue to update these posts as price develops, but for right now structure is holding well.

VIAQUANT

After our strong breakout yesterday, we were expecting a retest of our symmetrical triangle pattern. We have gone a little lower than a perfect retest, but I believe it is to fill the gap we created on CME. A daily close above our trendline would indicate a successful retest of our symmetrical triangle and also a successful liquidity test of the CME gap.

VIAQUANT

Here are the main things you need to watch in relation to the ETH/BTC pair. Weekly symmetrical triangle (white trendlines). Important level of support (yellow line) also 0.236 of current FIB trend. Weekly RSI Bullish Divergence (same/lower low in pair vs higher highs in terms of strength). If we break above our resistance level of our triangle then our expected...

VIAQUANT

So far we see ETH's key level in relation to BTC is continuing to hold. relation created a double bottom with a strong bounce from oversold levels on our RSI. This means ETH could start gaining strength against BTC. Will make a post of the weekly chart so we can have levels to watch.

VIAQUANT

Alongside BTC, ETH is also attempting to breakout to the upside. ETH has formed 2 bullish patterns. The first is a symmetrical triangle (white trendlines). Currently, we have already seen a strong breakout above that trendline. Of course, we could see price retest that trendline as old resistance action as new support. Price has also formed a 'W" pattern...

VIAQUANT

After our prediction of TSX:RLB 's bottom being in: RLB's price action has started to demonstrate the strength of how well this structure is being built. So far, The daily doji has marked the reversal. After having a swift move to the upside, price came down to retest our demand zone of strong support around $0.10. In doing so, buyers stepped in and have...

VIAQUANT

Here is an updated chart to our important callout on this weekly candle: We are starting to see BTC overcome the odds that were stacking up against it in the chart. We pointed out how price needed a successful close back above $69k. This weekly candle was successful in doing so which gives us some clues of what's next. The chart on the left shows the weekly...

VIAQUANT

Here is an update to our previous post: Support held within the pattern as we were predicting and now we are starting to see the attempted breakout. If price successfully breaks out of our symmetrical triangle here are the targets. Depending on how you measure move (purple lines) it would put our measured move between $81,800-$86,800. My personal prediction...

VIAQUANT

From my previous BONK post we outlined the key structure for you: Now we are seeing BONK respect that key level yet again. This has also formed a triple bottom on our daily RSI (green arrows). The only hurdle we need to get above is our "PA resistance" or the resistance trendline that has been formed from price action.