Crypto Hedge against Trumpism chaos, destruction and tariffsTrump is going to wreck havoc on the US economy which is why many are hedging against USD with crypto. Inflation, shortages and recession are coming in a few years.
For awhile, Biden policy will prop up USD but once Trump policy kicks in and effects the government, expect food shortages from deportations, recession from tariffs and draconian policy and more wars with Putin unchecked.
Chaos is coming in about year 2 into Trump presidency. Until then I expect positive Biden policies to continue to strengthen US dollar while smart hedgers long crypto the hedge against the chaos that is coming. When not if.
Qullamaggie
BYNDBeyond Meat,
One of the most shorted stock in the US market.
It is clear the had difficulties to ramp up the production and to expand their business, still waiting the beyond burger at McDonalds.
BYND has a quite interesting chart pattern.
• A big move in the past 1-3 months anywhere from 30%-100% the rally last for a few days to weeks.
• Stock is going to catch up the ema 200
• Orderly consolidation with higher lows & tightening range:
• RDM, VCP
• Stocks surfs the rising EMA 10 or the EMA 20, and sometimes the EMA 50
• Volumes are significative compared to previous phase
• Volumes are strong
I would like to watch a breakout with strong volumes show some short sellers covering their positions.
The Company is not dead , the tide seems rising !!!