ViniciusBaccelli

ViniciusBaccelli

The S&P is over a lot of pressure with possibilities of a war coming, and money starts to flow to protection = dollar Check my analysis of the dollar underneath as well, the dollar is set up to go up while the volatile markets are setting up to dump. It does not mean that we could have good news at any minute an a pump of the markets. But I believe that this...

ViniciusBaccelli

The dollar could pump a lot with a dump of the markets, many people running away from their positions during an "eventual" war could trigger a rise of the dollar really fast.

ViniciusBaccelli

I am not saying that it will happen, just projecting a possible max pain level if we have another temporary dump. This is the pattern from the covid crash adapted in the timeframe, last time the 100 weekly did not support the price, but it could this time.

ViniciusBaccelli

The dollar movements this months is very decisive for the volatile markets. The S&P, and crypto markets depend on it. If we stay in the upward channel going up, markets will go down, if we start to fall again, the markets will go up. DXY needs constante attention.

ViniciusBaccelli

Not just the S&P, but the dollar as well, I have no crystal ball, but if those opportunities happen for some reason, I want to have money to buy eventual dips. Specially BTC.

ViniciusBaccelli

Technically we could revisit some of those supports at 41500 and 39500 for a couple of days if we can´t break 45k. TA is looking very good for BTC in the short term, but we still have an unstable macro factor with Russia and Ukraine for the week. All that drama is for real? Who knows, but I think that it is just drama to gain market control over Ukrainian...

ViniciusBaccelli

Unfortunately, we are getting close to a very dramatic period, uncertain and dangerous for both sides. BTC graph is great, we broke the falling wedge, we bounced over the 8 weekly, and we are almost closing a bullish pivot on the daily (almost). In the other hand, markets are under a huge pressure, the dollar is trending upward over the rise of interest rates on...

ViniciusBaccelli

Be careful with fomo right now, alts could a have a good kick to the upside to liquidate shorts only. After that BTC is probably taking the led again. And with all the bad news, we are probably having a bad week ahead.

ViniciusBaccelli

The S&P is under a bear cross between the 8 weekly and 21 weekly (Which is a late indicator but could also be a bull cross if the price was able to break that triangle). We are about to close the daily below the triangle as well which indicates to me it is a bear cross after all. The dollar is trying to go up as Europe and many other countries are scaping from...

ViniciusBaccelli

Just saying, S&P is still under the 8 weekly and the dollar is pumping upward (check my dxy chart). Even though everything was looking good yesterday we are in bad waters today. Traders need to be able to change positions fast and to stay alert for every possibility. I left all my positions about 8 hours ago and I warned my followers about it. Hope that I was...

ViniciusBaccelli

Like I sad yesterday, I left all my positions when I saw too many sell orders on the order book. (Cryptos) Also, the dollar is trying to pull back getting out of the channel, again, which is very dangerous. I would suggest to stay out and grab some popcorn today, volatility is coming to liquidate everyone. If the dollar keeps going up, markets will fall...

ViniciusBaccelli

1k BTC orders at 45k 5k orders for ETH, which is not much, but if BTC corrects, ETH will too. Just a heads up for you guys.

ViniciusBaccelli

As BTC is confirming the break over the 8 weekly, trying to create a good support over it, ETH could be breaking the 8 weekly as well, and that would push other alts as well. The dollar is falling hard today, stocks pre markets are positive, everything is good for a break today, but if we reject, or BTC can stay over the 8 weekly for some reason, get ready to run.

ViniciusBaccelli

Btc is overtaking the podium again, and alts are just waiting for it to lateralize once it confirmes the support over the 8 weekly, which is not very strong yet. We need a bull pivot over the last local top to have some kind of confirmation, and I believe it will be during China´s open hours for some reason (strong news over there, i will post another TA over...

ViniciusBaccelli

Always remember how important the dollar is for the economy. Because of the extreme inflation the dollar have direct correlation to the markets and we need to pay close attention to it. Right now if the dollar overtakes that channel again we could experience another dump. In the other hand if we get rejected again, things can get ugly for the dollar and great...

ViniciusBaccelli

Don´t be fooled by the media, specially right now, Governments can´t wait to see the markets crash so they can buy their bonds and inject fake money in the economy to save their asses. And to be honest they usually get what they want, but don´t be so sure about it. The market had all the excuses to dump this month over the march tapering, but bulls are not...

ViniciusBaccelli

ETH and alts didn't break the 8 weekly yet, and if BTC finds support over it they will break it fast. ETH has a better risk reward ratio at the moment.

ViniciusBaccelli

I know the TA is not in a good buy position right now, but everytime BTC breaks the 8 weekly after a long downtrend it just pumps liquidating shorts. Forget about all other TA analysis if we close above the 8 weekly. Unfortunately no one will sell it to you in a lower price.