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PAXG/BTC 8h (Binance Spot) Descending channel on support
PAX Gold / Bitcoin
Long
PAXG/BTC 8h (Binance Spot) Descending channel on support
By TradingOn
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Nov 4, 2020
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Nov 4, 2020
We could give #PaxGold another try here, to me it's a great hedge for crypto in general, even better than stablecoin because it could go up as well.
Current Price= 0.13542
Buy Entry= 0.13520 - 0.13192
Take Profit= 0.14127 | 0.15194 | 0.16467
Stop Loss= 0.12585
Risk/Reward= 1:1| 1:2.38 | 1:4.04
Expected Profit= +5.77% | +13.76% | +23.29%
Possible Loss= -5.77%
Fib. Retracement= 0.236 | 0.382 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 720h
binance
Gold
Parallel Channel
PAXG
paxgbtc
paxgold
spot
Support and Resistance
Volume
XAU
xaubtc
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PAXG/BTC 12h (Binance Spot) Descending channel on support
by TradingOn
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