$PAXG/USDT 3D (#Binance) Symmetrical triangle near breakout
Updated
⚡️⚡️ #PAXG/USDT ⚡️⚡️
Exchanges: FTX, KuCoin, Binance
Signal Type: Regular (Long)
Current Price:
1817
Entry Zone:
1816 - 1788
Take-Profit Targets:
1) 1902
2) 1996
3) 2082
Stop Targets:
1) 1722
Paxos Gold is trying to regain 100EMA support and could finally breakout after that.
This is a very low risk position and a slow mover pair, mostly to #Hedge, better enter big then have a lot of patience!
Risk/Reward= 1:1.25 | 1:2.42 | 1:3.5
Expected Profit= +5.55% | +10.77% | +15.54%
Possible Loss= 4.44%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 11 months
Tags: #PAXG #PAXGUSDT #PaxGold #Paxos #Gold #XAU #PreciousMetal #DeFi #BSC #BC #SolEco
Website: paxos.com/paxgold
Contracts:
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
#BEP2 PAXG-9B2
#SPL C6oFsE8nXRDThzrMEQ5SxaNFGKoyyfWDDVPw37JKvPTe
Exchanges: FTX, KuCoin, Binance
Signal Type: Regular (Long)
Current Price:
1817
Entry Zone:
1816 - 1788
Take-Profit Targets:
1) 1902
2) 1996
3) 2082
Stop Targets:
1) 1722
Paxos Gold is trying to regain 100EMA support and could finally breakout after that.
This is a very low risk position and a slow mover pair, mostly to #Hedge, better enter big then have a lot of patience!
Risk/Reward= 1:1.25 | 1:2.42 | 1:3.5
Expected Profit= +5.55% | +10.77% | +15.54%
Possible Loss= 4.44%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 11 months
Tags: #PAXG #PAXGUSDT #PaxGold #Paxos #Gold #XAU #PreciousMetal #DeFi #BSC #BC #SolEco
Website: paxos.com/paxgold
Contracts:
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
#BEP2 PAXG-9B2
#SPL C6oFsE8nXRDThzrMEQ5SxaNFGKoyyfWDDVPw37JKvPTe
Trade closed: target reached
TP1 reached with +5.55% and +1.25RPaxos Gold broke-out as planned, bringing up to +27.75% using 5x leverage, higher targets are in play!
Trade closed: target reached
TP2 was reached with +10.77% and +2.42RPaxos Gold pumped big time during crypto market "crash" and hedged our Port-Folio (PF) nicely!
Last target was missed by almost nothing (6$) on Binance, but was hit on KuCoin.
We are still holding the remaining position and expect some more ranging before the next move up.
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