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PAXG/BTC 8h (Binance Spot) Descending channel on support

Long
BINANCE:PAXGBTC   PAX Gold / Bitcoin
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


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