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PAXGUSDT Perpetual Contract

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PAXGUSDT.P trade ideas

$PAXG/USDT 1D (#Bybit) Rising wedge breakdown and retestPaxos Gold just printed a double top + bearish engulfing, looks ready for a leg down towards 50MA support. ⚡️⚡️ #PAXG/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (12.0X) Amount: 8.6% Current Price: 2010 Entry Targets: 1) 2023 Take-Profit Targets: 1) 1945 Stop Targets: 1) 2062 Published By: @Zblaba LSE:PAXG #PAXGUSDT #Paxos #Gold #PaxGold #XAU #PreciousMetal paxos.com Risk/Reward= 1:2 Expected Profit= +46.3% Possible Loss= -23.1% Estimated Gaintime= 3-4 weeks
Short
by TradingOn
4
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