Here on XAUUSD price form a triangle pattern now try to move up so trader should go for long as the line of 2766.374 has broken so as to target profit target of 2809.161.
President Donald Trump last week signed the White House’s first crypto-centric executive order after months of speculation and buzz, which led to a broad rise in crypto and a record for Bitcoin. The new directive outlines a bold plan to strengthen American leadership in digital financial technology . In Trump’s words, “make America the crypto capital of the world.” "The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation's international leadership," the order's preamble states. It’s a 180-degree turn from the near-constant battering the crypto industry endured during President Biden’s administration. ? Who’s on the team? The initiative will be headed by venture capitalist (and All-In podcast host) David Sacks, who Trump appointed as the White House crypto and artificial intelligence czar. It will also include the heads of the Treasury Department, Justice Department, and Securities and Exchange Commission, among other agency bosses. ? What’s on the agenda? While the order doesn’t go into much detail, it’s clear that its purpose is to pivot the US government to favor digital currencies . In the first 180 days of the group’s existence, the participants will need to hammer out an overall federal strategy for regulating crypto assets and stablecoins. The report will then be presented to President Trump. ? Anything on a Bitcoin strategic reserve? Bitcoin maxis were likely disappointed to see that there was no mention of Bitcoin BTCUSD in that order. Trump’s order didn’t announce the creation of a Bitcoin strategic reserve, which the President touted in the days leading up to the election (and then some more right after). Instead, the executive action only calls for studying the creation of a national stockpile of digital assets (more than just Bitcoin?), rather than whipping one up straight away. The US already has about $21 billion worth of mostly Bitcoin, but some other coins as well. ? What’s next? The crypto working group now has 30 days to present its first report to the President. It will contain possible ways for the involved agencies to work together toward their goal of coming up with relevant pro-crypto policies. ? What do you think? Do you think this new group will move together for the benefit of the broader crypto industry? Or maybe serve their interests first before working for the common good? Share your thoughts in the comment section!
Counter trend scalp idea Watch out for volatility with imminent news
It seems we will have a great opportunity to swing on this upcoming devastating sells ... it's all in the charts and news. Enjoy.
CHFJPY is currently trading at 170.100, with a target price set at 165.000. The trade setup suggests a potential gain of over 500 pips if the price reaches the target. A symmetrical triangle pattern has been identified on the chart, a common technical pattern indicating consolidation before a breakout. In this case, the breakout has already occurred to the downside, signaling a bearish trend. Traders often expect strong momentum after a confirmed breakout, reinforcing the probability of price decline. The target of 165.000 is likely based on measured move calculations from the triangle pattern. Risk management strategies, such as stop-loss placement, are crucial to mitigate potential reversals. Fundamental factors like central bank policies or economic events could influence the trade’s outcome. If selling pressure continues, the price may reach the target faster than anticipated. Monitoring key support and resistance levels will help assess trade validity.
After the significant decline in the market a few days ago, including FTMUSDT, I can now see bullish signals for FTMUSDT. The targets are marked on the chart as always. Note: If the close candle passes the ‘Danger Zone,’ please be cautious with your positions. If the close candle passes the ‘Stop Loss,’ exit this position, as it is no longer valid. Note: My ideas are not intended for any type of scalping or scalpers! You can find the full list of my ideas here: tradingview.com/u/TheMandalor/ Here are some of my ideas: https://www.tradingview.com/chart/XLMUSDT/nrfPgI1E-XLMUSDT-BEARISH/ https://www.tradingview.com/chart/ALGOUSDT/UNkNbzBp-ALGOUSDT-BEARISH/ https://www.tradingview.com/chart/SKLBTC/02uP30ea-SKLBTC-BEARISH/ https://www.tradingview.com/chart/SNXUSD/PTJekz6N-SNXUSDT-BULISH/ https://www.tradingview.com/chart/SKLUSDT/HpMPhEq6-SKLUSDT-BULISH/ https://www.tradingview.com/chart/HBARUSDT/bvnPPXl0-HBARUSDT-BULISH/ https://www.tradingview.com/chart/CRVUSDT/ErYmGFCY-CRVUSDT-A-LITTLE-BULISH/ https://www.tradingview.com/chart/MMYUSDT/tiNWB41V-MMYUSDT-BULISH-MID-TERM/ https://www.tradingview.com/chart/ETHUSD/HyDLsFnz-ETHUSDT-START-AGAIN/ https://www.tradingview.com/chart/NOTUSDT/q3O1fcgD-NOTUSDT-BULISH-IDEA-AFTER-LONG-TIME/ https://www.tradingview.com/chart/FTMUSDT/cMtklf4L-FTMUSDT-BULISH/
ZEC is low volume coin because in privacy This coin like create invalidation in $40 and back to range in $45 If we holding this support and break $51, most likely we will see $78 in mid timeframe
Solana has a chance to break from structure, which would lead to a fill of FVG! After that we are going to look for a drop of 12%! More in-depth info is in the video—enjoy! Swallow Team
The chart shows the steady decline of the South African Rand against the United States dollar.
If price respects this fib then new ath will be circa 2796.