​#StockMarket #Dogecoin #Trump

🔔 Dogecoin: path or leap?
⠀
After Trump's victory, a reasonable question arises – how high can Musk raise Dogecoin? This token can grow at a rate of 4-6% per day: the coin, which even serious crypto investors consider a joke, has shown +260% in the last three months.
⠀
Tesla's owner is now an official who will be in charge of cutting federal government spending and shouldn't be directly involved with cryptocurrencies. But it is his charisma that is keeping the price of Dogecoin at record levels as the term DOGE continues to trend, a trend that will continue when Trump takes office.
⠀
Musk has long been a supporter of Dogecoin - he has called it the "people's cryptocurrency" and has tried to convince major retailers like McDonald's to accept it for payment. The fact that Musk will be running a government office of the same name suggests that the crypto community will have to embrace the concept of DOGE. Coinbase Global COIN CEO Brian Armstrong has generally called Dogecoin "the key to U.S. economic freedom". True and Armstrong himself is likely counting on a position in the White House, as he is expected to meet with Trump soon.
⠀
The Dogecoin rate dump and dump have already caused losses for options traders. On Nov. 9, the Dogecoin market resumed its bull rally and the coin gained 11% in a matter of hours. However, the upward trend quickly came to nought, and the price of the asset collapsed by 10%.
⠀
Due to price jumps, long positions to buy DOGE worth $14 million and short positions worth $13.8 million were liquidated. Traders who opened both longs and shorts suffered approximately the same losses.
⠀
Yesterday, the DOGE rate broke through the bearish trend line, but the bulls are still unable to gain a foothold above this zone. In the short term, Dogecoin is likely to continue its upward trend, and the $0.5 zone may be quite realistic as early as the beginning of January.
⠀
Do you trade meme coins?
⠀
Profits to y’all!

💱 Major options with expiry today:*📊 *EUR/USD:
1.0500 – 825.0 mln
1.0625 – 777.4 mln
1.1160 – 1.91 bln

📊 USD/JPY:
146.00 – 1.5 bln
150.50 – 1.23 bln

📊 GBP/USD:
1.2575 – 350.0 mln
1.2775 – 365.3 mln

P.S. Be careful when the price moves to these zones!

🌟🌟🌟🌟
⚡️ xChief
⚡️ Telegram
⚡️ Instagram
⚡️ Support

#GBPJPY - H1

📣 By looking at the 1-hour timeframe, if the downtrend line is broken at 197.89, the price is expected to rise to 199.00.

⛔️ Stop Loss: 197.00

On the other hand, by breaking the 197.00 level, we can sell with a target of 196.00

⛔️ Stop Loss: 197.89

🌟🌟🌟🌟
⚡️ xChief
⚡️ Telegram
⚡️ Instagram
⚡️ Support

🔡🔡🔡🔡

💰 Gold prices fell to $2,595.56/ounce after Donald Trump's election victory, as the USD strengthened and demand for gold eased. Analysts at JP Morgan consider this decline to be a temporary blip and continue to expect gold prices to rise in 2025. They believe that political developments can still benefit gold.

🌟🌟🌟🌟
⚡️ xChief
⚡️ Telegram
⚡️ Instagram
⚡️ Support

🔡🔡🔡🔡

💸 Michael Saylor, CEO of MicroStrategy, responded to BTC's rise to nearly $90,000 with a positive tweet. The price of BTC increased by about 10% in the last 24 hours and reached $89,956. MicroStrategy also bought 27,200 BTCs worth $2.03 billion and plans to buy another $42 billion.

🌟🌟🌟🌟
⚡️ xChief
⚡️ Telegram
⚡️ Instagram
⚡️ Support

💱 Major options with expiry today:*📊 *EUR/USD:
1.0600 – 1.11 bln
1.0725 – 1.29 bln
1.0750 – 1.89 bln

📊 USD/JPY:
155.00 – 1.02 bln

📊 EUR/GBP:
0.83 – 300 mln

P.S. Be careful when the price moves to these zones!

🌟🌟🌟🌟
⚡️ xChief
⚡️ Telegram
⚡️ Instagram
⚡️ Support