#XAUUSD STILL IN VAILD ZONE The XAUUSD long zone remains valid as the price holds above a key support level, indicating strong bullish potential. Traders are advised to monitor the price action closely for confirmation signals, ensuring a confident entry into the market for the next potential upward move.
Validation
Google Cloud to Run Validator on Crypto Gaming Network XPLAGoogle Cloud will be the first “volunteer validator” on the XPLA gaming chain, adding to Google's growing list of crypto allies.
XPLA, a blockchain network founded by major South Korean game publisher Com2uS, has enlisted Google Cloud as its first “volunteer validator” for the network.
Blockchain validators verify and confirm transactions to support the network. In the case of XPLA, volunteer validators are not rewarded with tokens for supporting the network. Instead, the tokens are distributed to a community pool.
That's the plan, at least. The XPLA network is currently voting on the proposal to institute the volunteer validator feature, and it has 100% votes in favor as of this writing.
XPLA is built on Tendermint, the same protocol that powers the Cosmos network, and it’s also compatible with the Ethereum Virtual Machine. Notable games that run on XPLA include The Walking Dead: All-Stars, Summoner’s War: Chronicles, and Ace Fishing: Crew—all based on existing IP that has been adapted for “play-to-own” blockchain games.
The network was originally established as C2X and built on Terra, the network that lost considerable traction after the collapse of the UST and LUNA tokens in May 2022. The XPLA network was then launched in August 2022. Other XPLA validators include metaverse investor Animoca Brands and mobile game developer Gumi.
Google Cloud has previously signed on to run a validator on a few other blockchain networks, including Solana, Tezos, Aptos, Ethereum scaling network Polygon, and DeFi network Celo. It also collaborated with exchange Coinbase to accept cryptocurrency payments.
In April, Google Cloud launched its Web3 Startups Program to offer additional benefits for crypto firms in partnership with networks like Solana, Aptos, Near, and Hedera.
SANDUSDT Int Daily S/R| Psfp| .618 Fibonacci| Price Action Evening Traders,
Today’s analysis – SANDUSDT- trading towards a key resistance area where a rejection is plausible,
Points to consider,
- Price action impulsive
- Int-Daily S/R Resistance
- .618 Fibonacci Resistance
- Deviation
SANUSDT’s immediate price actin is trading towards a key region where there is resistance confluence with the int-Daily S/R and the .618 Fibonacci, this allows for a bearish bias.
Price action trading around the resistance will increase the probability of a potential deviation.
Overall, in my opinion, SANDUSDT is a valid short with defined risk, price action is to be used upon discretion/ management.
Hope this analysis helps,
Thank you for following my work
And remember,
“Trade the market in front of you, not the one you want!” – Scott Redler
EURCAD Short Term Buy IdeaH4 - Price respected a key support zone and is currently bouncing higher.
Bullish divergence.
H1 - Bullish divergence.
Until the key support zone holds my short term view remains bullish here.
If we get a valid breakout above the high at 1.34760 we may then consider it as a validation for this short term bullish view.
Gold Short Term Sell IdeaD1 - Price is currently holding in a key resistance zone.
Potential bearish divergence.
H1 - Bearish divergence.
Until the invalidation level holds my short term view remains bearish here.
If we get a valid breakout below 1850 level we may then consider it as a validation for this short term bearish view.
EURCHF Intraday Buy ideaD1 - Price is currently holding in a key support zone.
Potential bullish divergence.
Expecting short term bullish moves to happen here.
H4 - Bullish divergence.
Until the key support zone holds my short term view remains bullish here.
If we get a valid breakout above the high at 1.07028, we may consider it as a validation for this bullish view.
Traditional CDs vs Ethereum "Staking" - Crypto Is Here to StayA quick look at traditional banking CDs (certificate of deposits) vs the new "staking" service that the Ethereum network has started to offer as of December.
When looked at it from an average customer's point of view, getting into crypto is -- and should be -- a no brainer, really. Also gets into the reasons why ETH is doing really well right now, and will continue to do so as long as they can keep it going.
NZDUSD - H1 - Potential Bullish Bat? Check your data!!We are potentially tracing out a bullish bat formation here on the NZDUSD hourly chart. There is a veeery deep C leg though so make sure you check your data on your specific trading platform . For me, this pattern is still valid but could be a different story entirely on other brokers/platforms.
ICHIMOKU NZD/USD: LS about to cross its KUMOOur last week bearish setup (check it out!) regarding NZD/USD is doing very well.
An interesting thing is about to happen on the daily. The LS is on its way to cross it's KUMO which is a big signal that the trend is on. Since prices are currently crossing their KUMO it's interesting to see how it will evolve today.
Below 0.65454 the LS will have no support until 0.64675