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Paxgbtc

#PAXG/BTC 3D (Binance) Descending wedge on supportPax Gold printed a dragonfly doji and looks ready for mid-term recovery towards 50MA, in sats. ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 13.1% Current Price: 0.05392 Entry Targets: 1) 0.05301 Take-Profit Targets: 1) 0.06309 Stop Targets: 1) 0.04897 Published By: @Zblaba LSE:PAXG BINANCE:PAXGBTC TVC:XAU TVC:GOLD paxos.com/paxgold Risk/Reward= 1:2.5 Expected Profit= +19.0% Possible Loss= -7.6% Estimated Gaintime= 2-3 months
Long
by TradingOn
#GOLD vs. #BITCOINIn this chart you see #paxgold / #bitcoin . This charts indicates the power of #xaugold against #btc . Gold has formed an descending pennant and this pattern is commonly ends up with bullish move. And also , gold is now sitting on a major vertical support zone. I expect #xauusd to outperform #bitcoinusd for weeks if this bullish pattern breaks out. If this breakout works: Gold is a slowly moving instrument, if gold slightly outperforms btc, this may be also so bearish for bitcoin. NOT FINANCIAL ADVICE. dyor.
by naphyse
#PAXGBTC - Finally Rising After 30% DeclineWe bagged a huge Short trade recently with #PAXGOLD to make up for some null trades before-hand. Now we've got a Long signal from CTv2 coming off an historic support line. We'll be looking for 7% to reach first TP, 15% to second TP, and let the rest float on until reversal. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥
Long
by theCrypster
2
$PAXG/BTC 2D (#Binance) Ascending wedge on supportPaxos Gold suddenly pulled back to 100EMA and RSI looks oversold, a bounce seems likely. This is obviously due to Bitcoin recent recovery, let's hedge our Satoshi bag here! ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: KuCoin, Binance Signal Type: Regular (Long) Amount: 12.4% Current Price: 0.08973 Entry Targets: 1) 0.08915 Take-Profit Targets: 1) 0.09987 Stop Targets: 1) 0.08198 Published By: @Zblaba Risk/Reward= 1:1.5 Expected Profit= +12.0% Possible Loss= -8.0%
Long
by TradingOn
2
PAXGBTC 'D' - Ranging market followed by a huge 50% RisePAXG looks like it's going to ranging within it's current area of consolidation for at least a few weeks, maybe even months - there's still a potential for plenty of smaller trades within this range, but we'd wait for the upward trend line to squeeze this area of consolidation to a point of breaking. With plenty of support on the underside and not much resistance above, combined with an upward facing trend line in which the price has bounced off numerous times historically, it looks to us that when the price does break, it'll break upward - with the next level of strong resistance being a huge 50% above the current trading price. Let's wait a couple of months and see what happens! What do you guys think?
Long
by theCrypster
Bitcoin to bounce as PAXGBTC meets resistanceThe PAXGBTC serves as an excellent inverse correlation for BTCUSD. PAXGBTC has formed an M pattern and is now coming back up to test the previous support line, which most likely will act as resistance pushing PAXGBTC down further. This is usually a sign that BTCUSD will rise. This is a most likely a short term move and will bring BTCUSD back to the top of it's current Bull flag formation, then we will watch to see if it breaks bullish or not. This will be nullified if PAXGBTC can find support above the line of course.
Long
by The_Mummy
PAX Gold (PAXG) - May 30hello? Traders, welcome. If you "follow", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (PAXGUSDT 1W Chart) From a mid- to long-term perspective, it needs to rise above 1880 to continue the uptrend. (1D chart) If it finds support and rises in the 1845-1857 zone, it is expected to turn into an uptrend in the short and medium term. There is a possibility of a temporary decline to around 1823. At this point, you need to check whether it leads to an uptrend accompanied by volume. ---------------------------------- (PAXGBTC 1W chart) The key is whether it can rise from the bottom section of 0.02667-0.07. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
by readCrypto
BTC Downturn🔻 , Gold Upturn 💹 ;( PAXGBTC update )📉📈What sup Guys?! welcome to this analysis again! At the moment when almost the all markets has been crashed whether stocks , crypto .. and at the same time there is a relative recession all over the world and the prices of some commodities have skyrocketed In my opinion, capital will enter the gold and cause its price to rise again in the short and medium term. Although everyone has taken refuge in the crypto market as a safe market against terrible inflation , and since 2020 it has been able to surpass almost all markets in terms of price growth, but now due to the Federal Reserve policy also the correlation between crypto and SPY index and technology stock that they have been declining. However, this decline can continue for some time until the situation changes again. ------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
Long
by PRO_SMART_Trader
4
$PAXG/BTC 12h (#BinanceSpot) Ascending channel on supportPaxos Gold is pulling back and retesting 100EMA where it is likely to bounce and continue bullish, let's hedge crypto! If you know how to Margin trade, you can use up to 2x for that set-up Current Price= 0.04565 Buy Entry= 0.04553 - 0.04381 Take Profit= 0.05023 | 0.05473 | 0.05972 Stop Loss= 0.04096 Risk/Reward= 1:1.5 | 1:2.71 | 1:4.03 Expected Profit= +12.45% | +22.52% | +33.63% Possible Loss= -8.31% Fib. Retracement= 0.5 | 0.883 | 1.272 Margin Leverage= 1x | 2x Estimated Gain-time= 5 weeks Tags: #PAXG #PAXGBTC #PaxGold #Paxos #Gold #XAU #PreciousMetal Website: paxos.com Contracts: #ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78 #BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7 #BEP2 PAXG-9B2
Long
by TradingOn
XAU/USD - Major Breakout, Path to $2,800! 😎Gold broke out from the pennant in blue and this may be the start of a major rally upwards. The first key resistance will be found at around $2,000. Once that turns into support, I don't see why Gold can't just FOMO towards $2,800. Why $2,800? It is the next major Fib level that also coincides with a nice impulse sub-wave 5. The macro picture and world events also support this case. I mean, you can't have 8% "official inflation" and expect Gold to crash. Real inflation is probably twice that. Or the threat of war looming in Europe without big investors hedging some of these risks. Why not buy some Gold if BTC is too "volatile". Hence the current price action. Plus, Gold had a nice consolidation since 2020, it was time for some action and volatility. Before 2022 ends, Gold should comfortably sit above $2,000 if the above hypothesis is true. Let's see where this takes us. Like and follow if you liked my idea!
FX_IDC:XAUUSDLong
by DU09
PAXGBTCHello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. There is the S1 line which the price has hit and was not supported. The price has slightly broken he S1 line but came back up. There are 2 resistance lines, R1 and R2. We expect the price to hit the S1 line once more and then break the R1 line moving toward the R2 zone. But if it comes lower than the S1 line, it can see lower prices. Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Wish you luck
Long
by MarsSignals
GOLD VS. BITCOIN Analysis 📈📉As you can see in this chart for the pair of PAXG/BTC it has been declining since sep2020 , and Bitcoin was succeed to outshine the paxGOLD , after reaching its lowest level in the 12 April 2021 it has attempted to rise and break up the descending trend line, that wasn't successful in 1st attempt and went down to its previous low price and demand zone for the second time but after that it rised again and was be able to break up that tend line , and raised to pivot area , but it returned back from this strong resistance zone . thus now I think it can go down to its lowest level once again that means btc probably have a short rally at the same time for a few months , and paxgold/btc is likely to form a triple bottom pattern at the end and can causes it to rise compared to bitcoin in this case . 🛑resistance level: 0.17 -0.19 - 🆚pivot zone: 0.052-0.058 ❇️support levels: 0.034 - 0.042 //// 0.026-0.03 -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me and give a big thumbs 👍 OR drop comment 🗯💭
by PRO_SMART_Trader
PAX GOLD PAXGUSDT - Buy gold with crypto / bullish triangle- If you want to buy gold on Binance or any other crypto exchange, you can buy PAXG, which seems like a good alternative to traditional ways. - You don't need a bank account or brokers to speculate on GOLD price - You can buy gold (PAXG) with bitcoin or USDT. - It is possible to use leverage on FTX with PAXGPERP futures. - PAXG is practically copying the price of GOLD. - Gold is now consolidating on the weekly chart, but it looks like it will break up in the near future and is ready to a breakout to new all time highs.
Long
by UnknownUnicorn2537518
3
PAXG Vs BTCPAXG, a gold peged crypto, Has been gaining in setoshi value. For the past few months PAXG has collapsed in satoshi value seeing all time lows of 2.6 million sats. That would put PAXG At an 88% discount from its ATH daily close of 31.9 million sats. Despite this massive collapse, In the last month the trading pair has rebounded 37% from it's all time lows. Sitting at 3.6 million satoshis, it has flown past 2 price levels that have been met with selling pressure in the past. 3.3 million satoshis and 3.5 million satoshis respectively. This move was driven by high volume which has pushed PAXG to 4.19 million satoshis before pulling back. The spike in volume coincides with bitcoin losing $354 billion from it's all time high in market cap. This behavior could be due to uncertainties with inflation, supply chain issues and the chinese real estate debt crisis. This may force Investors to look for relatively inexpensive risk off stores of value. This could explain the sudden uptick in demand for PAXG as opposed to BTC. It may not be popular opinion but I think this chart is worth monitoring. I believe it has room to run higher.
Long
by Kumo9
PAXG/BTC buy opportunityHi followers, BINANCE:PAXGBTC formed beautiful trading setup, after a big drop in price, the pair consolidate sideways for nice period of time, above important support area. After which the pair formed higher low, suggesting positive reversal in price, break above the sideways move and a retest of that area. Don't forget to manage your risk! 👌 Good luck and trade with care 🙏 If you like my content - 👍 Like, 💬 comment, 👆 follow and 👉 share! ❗❗❗ Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only!
Long
by FradkinXBT