*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
PSA: Get one thing straight with us, we are not rookies. Lately we have been on the receiving end of some haters who do not agree with our chart ideas and trades. We are here today to say, "keep the hate coming." Every single one of these guys so far have been proven wrong so it's pretty amusing.
Anyways, our thoughts on Bitcoin $BTC have not changed since our last Bitcoin post. It is still in a bearish trend, and things could get much uglier if earnings this week are a bust. Tesla $TSLA and Netflix $NFLX are to report earnings this week which could impact the price of $BTC drastically. $TSLA, Apple $AAPL, and the S&P500 $SPY are mirror images of each other right now. None of them look bullish. Global economic shifts due to the Russian x Ukraine war are likely to dent the share prices of the companies that make up the majority of $SPY this season.
Must we also mention that there is supposedly a high-rate hike coming in May?
Or that Russia will likely use tactical nukes in Ukraine soon?
If Russia does use tactical nukes, we expect markets to fall-out temporarily. World War III talks will be the buzz that drives the markets down for the proceeding days or weeks until a resolution is found. Afterwards, the market will be on the receiving end of a relief rally.
These are simply our current thoughts and opinions, and they are subject to change...
Happy investing!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
PSA: Get one thing straight with us, we are not rookies. Lately we have been on the receiving end of some haters who do not agree with our chart ideas and trades. We are here today to say, "keep the hate coming." Every single one of these guys so far have been proven wrong so it's pretty amusing.
Anyways, our thoughts on Bitcoin $BTC have not changed since our last Bitcoin post. It is still in a bearish trend, and things could get much uglier if earnings this week are a bust. Tesla $TSLA and Netflix $NFLX are to report earnings this week which could impact the price of $BTC drastically. $TSLA, Apple $AAPL, and the S&P500 $SPY are mirror images of each other right now. None of them look bullish. Global economic shifts due to the Russian x Ukraine war are likely to dent the share prices of the companies that make up the majority of $SPY this season.
Must we also mention that there is supposedly a high-rate hike coming in May?
Or that Russia will likely use tactical nukes in Ukraine soon?
If Russia does use tactical nukes, we expect markets to fall-out temporarily. World War III talks will be the buzz that drives the markets down for the proceeding days or weeks until a resolution is found. Afterwards, the market will be on the receiving end of a relief rally.
These are simply our current thoughts and opinions, and they are subject to change...
Happy investing!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Comment:
$NFLX is out of the game. It went -24% after releasing their earnings post-market.
TAKE PROFIT: $30000