$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%
Paxosgold
$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
$PAXG/BTC 4h (Binance Spot) Falling wedge near breakoutPaxos Gold broke-out of the descending TL and regained 50MA support, breaking the wedge would send it higher.
This is a hedge against crypto, if you know how to Margin trade, you could use up to 3x for that set-up!
Current Price= 0.03874
Buy Entry= 0.03880 - 0.03802
Take Profit= 0.04099 | 0.04229 | 0.04399
Stop Loss= 0.03647
Risk/Reward= 1:1.33 | 1:2 | 1:2.88
Expected Profit= +6.72% | +10.10% | +14.53%
Possible Loss= -5.05%
Fib. Retracement= 0.382 | 0.5 | 0.618
Margin Leverage= 1x
Estimated Gain-time= 10 days