$PAXG/BTC 4h (Binance Spot) Adam and Eve double bottom
Paxos Gold is showing some clear reversal signs after regaining 50MA support and about to breakout of the neckline!
That gold-backed cryptocurrency is worth one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults.
The token is available on Ethereum & BSC, more information on paxos.com/paxgold
If you know how to Margin trade, you can lever that set-up respecting strick risk management
Current Price= 0.02891
Buy Entry= 0.02900 - 0.02846
Take Profit= 0.03045 | 0.03230 | 0.03402
Stop Loss= 0.02758
Risk/Reward= 1:1.5 | 1:3.1 | 1:4.6
Expected Profit= +5.99% | +12.43% | +18.41%
Possible Loss= -4.00%
Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 3 weeks
That gold-backed cryptocurrency is worth one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults.
The token is available on Ethereum & BSC, more information on paxos.com/paxgold
If you know how to Margin trade, you can lever that set-up respecting strick risk management
Current Price= 0.02891
Buy Entry= 0.02900 - 0.02846
Take Profit= 0.03045 | 0.03230 | 0.03402
Stop Loss= 0.02758
Risk/Reward= 1:1.5 | 1:3.1 | 1:4.6
Expected Profit= +5.99% | +12.43% | +18.41%
Possible Loss= -4.00%
Fib. Retracement= 0.382 | 0.559 | 0.702
Margin Leverage= 1x | 3x | 5x
Estimated Gain-time= 3 weeks
Transaction en cours:
First entry filled
PaxosGold just regained 200MA support and is breaking out of the A&E neckline!
PaxosGold just regained 200MA support and is breaking out of the A&E neckline!
Transaction en cours:
Second entry filled
PaxosGold dipped down to 50MA retest and is now trying to regain 200MA and break out after!
PaxosGold dipped down to 50MA retest and is now trying to regain 200MA and break out after!
Trade fermée: cible de profit atteinte:
TP1 reached with +5.99% and +1.5R
PaxosGold broke-out as planned confirming the pattern, up to +53.10% using 5x Margin Leverage!
Road to higher targets now, SL edited to lowest entry (0.02846₿) which should be safe enough.
PaxosGold broke-out as planned confirming the pattern, up to +53.10% using 5x Margin Leverage!
Road to higher targets now, SL edited to lowest entry (0.02846₿) which should be safe enough.
Commentaire:
$PAXG/BTC 1h 📈
Insane accuracy so far, isn't it?!
Insane accuracy so far, isn't it?!
Trade fermée: cible de profit atteinte:
TP2 reached with +12.43% and +3.1R
PaxosGold staying solid while Bitcoin is retracing down, up to +62.15% profit using 5x.
What a great crypto hedge, SL adjusted under highest entry (0.02899₿) to secure the trade!
PaxosGold staying solid while Bitcoin is retracing down, up to +62.15% profit using 5x.
What a great crypto hedge, SL adjusted under highest entry (0.02899₿) to secure the trade!
Commentaire:
Contracts:
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
#ERC20 0x45804880de22913dafe09f4980848ece6ecbaf78
#BEP20 0x7950865a9140cb519342433146ed5b40c6f210f7
Trade fermée: cible de profit atteinte:
TP3 reached with +18.41% and +4.6R🎯
Paxos Gold pushed higher and broke-out of the descending channel hitting final target with up to +92.05% (5x)
Paxos Gold pushed higher and broke-out of the descending channel hitting final target with up to +92.05% (5x)
That bull-flag could play out for continuation!