YMI

YMI

Yesterday after holding the 136b support and closing above the 3 day range, we finally broke through the 140b level and surged higher. This being the total market cap gives you a sense of what the overall market was doing. Giving no regard to the 145b and 150b minor resistance region, we continued higher and closed above the crucial 160b level. Which ended up...

YMI

This morning we saw a bullish surge across the cryptocurrency market, with XRP in particular up more than 9%! XRP finally broke the $.325 Major Pivot that has acted as resistance for quite some time. It then blast into the $.35 resistance region and the 100% fib extension was met with precision. SO what now? I believe we could easily see a breakout of the...

YMI

Heres the key levels I have highlighted for the week ahead on the ES futures . A very strong gap up this afternoon, providing for some bullish setups. For now the market is consolidating at the 0.27 fib extension and the 2860 resistance region. Above there we have the 2878 topline and 2900 key level. However if we do see a retest to fill this gap early this week...

YMI

I chose to take a step back and focus on the weekly chart for XRP, because the daily timeframe looks absolutely atrocious and provides no clarity into whats actually going on. XRP has been consolidating within the highlighted $.315 region for the past 11 weeks...yes 11. Yes there have been volatile breakouts above and below only wicking and pulling back within...

YMI

Lets take a look at ETH for the week ahead and highlight some key levels to begin the month of April. ETH is currently deadlocked within a slightly ascending channel on the daily. In regards to the short term, we have just rejected the $147.50 weekly high and have traded lower today. Like BTC, the weekly closure above/below this key pivot will signal the strength...

YMI

As we await the weekly candle closure I wanted to share my Medium term analysis on Bitcoin. Looking at the the daily chart we see BTC currently sits on the prior weekly high at $4170, and just below the $4200 weekly Resistance region. There is plenty of time left till the daily closure, but I do assume we close similar to the doji we have now, which would print...

YMI

What a home run BAT has been! Since breaking out of the $.13 accumulation zone, BAT is up more than 100%...and running! This has been a great position for many people over the past 3 months. After close to a 20% surge in the last 2 days, we have seen significant bullish momentum from this coin. We have just pulled into the $.28 resistance region, so a retest of...

YMI

The best looking Alt chart right now imo. After breaking out of the accumulation phase, GNT retested and found support at the $.075 level. The upside spikes look like GNT wants to surge higher in the near future as large orders are getting filled. A break of the $.095 resistance will lead to a continuation to the $.105 resistance and possibly the $.125 next....

YMI

Possible head &shoulders pattern on gold with a break of the $1306.50 level

YMI

Chart Update On Zcash! Last week ZEC saw a breakout of the $55 weekly pivot, leading to a continuation higher to the $62 level. After retracing lower , ZEC found support at the 50% retracement level at $54. Today ZEC is up 5% as it looks ready for the next leg higher. If we see the $62 level met once again I expect some selling. But over the next few weeks...

YMI

Nice pop off the $135 Support on Ethereum. The bullish momentum looks strong across the market right now as. After breaking out of the counter trendline, If ETH breaks through the $140 level I believe we like continue higher and test the $147.50 weekly high. However it is early in the daily session so I wouldnt recommend FOMOing into any margin positions if you...

YMI

EOS is currently breaking out of the Daily pennant pattern and up 8% in the current session. It is still early, but if the daily candle on EOS closes above the $4 level I believe a continuation higher is in store over the next few weeks. I will be targeting the $4.75 and $5 levels initially, with a possible continuation into the $5.50 region from there. I believe...

YMI

After forming a double bottom on the weekly timeframe, ZRX looks primed for the next leg higher. Then breaking out of the accumulation zone ZRX has broken out and retesed the $.28 support/neckline. I believe after consolidating the past 3 days if ZRX breaks through the $.30 level we will likely see the $.35 resistance region. From there we can see a continuation...

YMI

After rejecting the $4050 region for the 3rd time yesterday, BTC sold off into the $3950 midpoint.This provided a nice short opportunity for any of the major cryptos. For now BTC has found support at the midpoint and traded back above the trendline support. I believe we may see a continued retracement higher, and a break through the $4000 level should lead to a...

YMI

BAT has seen a surge higher this morning breaking through the $.21 resistance. It is still early on in the daily session, however if the daily candle closes above $.22 I believe further upside is in store. Possibly targeting the $.24 and $.26 resistance regions on the next leg higher.

YMI

Yesterday Bitcoin broke through the $4100 level and out of the highlighted consolidation zone. However sold off into the $4040 level and the trendline support. If this level holds as support this move could have been a stop sweep for further liquidity before the next leg higher into the $4200 region. If we lose the current support the downside $3950 and possibly...

YMI

After rejecting the $.325 Major Pivot XRP sold off and stopped out many long positions with stops below the $.32 level. However XRP found support on the hourly trendline at the $.315 region. I believe the move was likely a stop sweep for further liquidity before making the next leg to the upside. If that is the case the $.35 weekly resistance is in play with a...

YMI

Looking for the next leg up on XRP as we are coiling within the consolidation range. With a breakout of the $0.325 pivot and the minor trendline resistance we should see a continuation to the next upside resistance at $0.35. This provides a great R:R setup as we have been accumulating on the daily trendline support at $.32. This is risky as there isnt confirmation...