PAXGBTCPassed MA360 and came a little bit down, but still it can give it another tryby XenoneoUpdated 1
Pax Gold / BTC Bullish ScenarioPrice forming a rang and its looking like accumulation schematic according to Wyckoff. Higher Low was made right by the demand zone.Longby ConsciousFXtheDayTrader0
PAXG/BTC 4h (Binance Spot) Descending channel on support, againI know, I'm trying hard with #PaxGold but I've got that feeling it will be worth it. XAU (true #Gold) is very bullish, not as much as BTC but still, take that as a hedge position if crypto market dips! Current Price= 0.12701 Buy Entry= 0.12535 - 0.12161 Take Profit= 0.13208 | 0.13858 | 0.14987 Stop Loss= 0.11488 Risk/Reward= 1:1.2 | 1:1.76 | 1:3.07 Expected Profit= +6.96% | +12.23% | +21.37% Possible Loss= -6.96% Fib. Retracement= 0.236 | 0.382 | 0.618 Margin Leverage= 1x Estimated Gain-time= 360hLongby TradingOn3
PAXG/BTC 12h (Binance Spot) Descending channel on support#PaxGold is a digital asset where one token is backed by one fine troy ounce of gold bar. Right now price is holding on parallel channel support, I believe it's a great opportunity to hedge some Bitcoin after such bull run! Current Price= 0.14543 Buy Entry= 0.14300 - 0.14628 Take Profit= 0.15235 | 0.16302 | 0.16798 Stop Loss= 0.13693 Risk/Reward= 1:1 | 1:2.38 | 1:3.03 Expected Profit= +5.33% | +12.71% | +16.14% Possible Loss= -5.33% Fib. Retracement= 0.236 | 0.5 | 0.618 Margin Leverage= 1x Estimated Gain-time= 720h PS: Fibonacci 0.786 at 0.17576 BTC with R/R= 1:4 would be an even better last target if you're up to it...Longby TradingOn3
Gold against BTC - bullish summerBTC correction, Gold pump, or combination of both. Been averaging into both. Longby burn_infinite7
GOLD CRYPTOS - INTERESTING COMPARISON AND ARBITRAGESHere an interesting comparison between the two main gold-replicating coins PAX/BTC XAUT/BTC with gold itself. While pax replicates pretty loyally, pax's value tends more to oscillate around the gold value. Currently the difference is 0.03 btc (13%). Let's see how it plays out to consider this trade in the future.by edutradinguru7
PAXGXBT - Gold and cryptoIf 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.Longby MavskiUpdated 4
PAXGBTC: Testing resistanceHello, wonderful person! Pax Gold (PAXG) Testing resistance BTCVol24h: -138% Pairs: +10% CryptoRatingBot: -105% * % up/down from last established supportby sequentialvzion2
PAXGXBT stands at a crossroadsThis morning at about 01:00 EDT, KRAKEN:PAXGXBT made a reasonable jump from about 0.232674 XBT to 0.25 XBT before tapering forward to a point (at which we now find ourselves). While the majority of the crypto-sphere is down this morning (with a few exceptions like KRAKEN:WAVESXBT ) the downward trend of KRAKEN:XBTUSD has been known to liberate altcoins to go higher. That may just be the case with PAXGXBT within the next couple hours. by finexusUpdated 5