PAXG/BTC 4h (Binance Spot) Descending channel on support, again
I know, I'm trying hard with #PaxGold but I've got that feeling it will be worth it.
XAU (true #Gold) is very bullish, not as much as BTC but still, take that as a hedge position if crypto market dips!
Current Price= 0.12701
Buy Entry= 0.12535 - 0.12161
Take Profit= 0.13208 | 0.13858 | 0.14987
Stop Loss= 0.11488
Risk/Reward= 1:1.2 | 1:1.76 | 1:3.07
Expected Profit= +6.96% | +12.23% | +21.37%
Possible Loss= -6.96%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 360h
XAU (true #Gold) is very bullish, not as much as BTC but still, take that as a hedge position if crypto market dips!
Current Price= 0.12701
Buy Entry= 0.12535 - 0.12161
Take Profit= 0.13208 | 0.13858 | 0.14987
Stop Loss= 0.11488
Risk/Reward= 1:1.2 | 1:1.76 | 1:3.07
Expected Profit= +6.96% | +12.23% | +21.37%
Possible Loss= -6.96%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 360h
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.