Long

PAXGXBT - Gold and crypto

Updated

If there is any uncertainty in risk-on crypto, this might be a good hedge to scale into for both short term and long term. Momentum looks good. Technical look good. Fundamentals are solid. RSI is could go either way. MACD a little light red, but improving. Possibility of small drop to retest. And/or If XBT , BTC pops, then that's great. This would still be a good hedge in case of an unexpected Btc reversal.

Note

Okay, as a trade, this does not really work. Too much beta volatility they are not really comparable on short time frame. But long, imo, it will always be a good hedge. Safe haven / speculation

Trade active

I like it again here. Accumulating

Note

Hmm.. both if both start rising to USD, XBT going to launch and rip this one. Better off just buying Paxg to Usdt pair

Mavski

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