BTC is not reversingDoes this Look like a reversal pattern to you? This is packs G gold against bitcoin. Typically does the exact opposite of what bitcoin is doing so if this is going down because he’s going up US dollar does this look like it’s about to reverse to you?Shortby The_Mummy110
BTC vs VirtualGold- Did you ever notice that BTC and PaxGold/BTC have a perpetual inverted correlation ? - All Pax Gold tokens are backed 1:1 by ounces of London Good Delivery bars held in Brink's vaults. - Allocated gold-backed PAX Gold tokens are protected both in the vault facilities and in transit. Availability of FDIC Insurance for Stablecoin Reserves. - PaxGold acts as store of value when BTC dip. - Some Whales don't like to switch their BTC to stable coins. - So they just turn on PaxGold when BTC crash. - This also can be a good alternative if you don't use too heavy Leverage. - Keep 50% in BTC. - Keep 50% in PaxGold. - if you are fast enough, you could find a way to make some bucks. PS : Don't forget that this analyze is 100% paired with BTC. Happy Tr4Ding !by thecryerUpdated 2215
#PAXG/BTC 3D (Binance) Descending wedge on supportPax Gold printed a dragonfly doji and looks ready for mid-term recovery towards 50MA, in sats. ⚡️⚡️ #PAXG/BTC ⚡️⚡️ Exchanges: Binance Signal Type: Regular (Long) Amount: 13.1% Current Price: 0.05392 Entry Targets: 1) 0.05301 Take-Profit Targets: 1) 0.06309 Stop Targets: 1) 0.04897 Published By: @Zblaba LSE:PAXG BINANCE:PAXGBTC TVC:XAU TVC:GOLD paxos.com/paxgold Risk/Reward= 1:2.5 Expected Profit= +19.0% Possible Loss= -7.6% Estimated Gaintime= 2-3 monthsLongby TradingOnUpdated 4
#GOLD vs. #BITCOINIn this chart you see #paxgold / #bitcoin . This charts indicates the power of #xaugold against #btc . Gold has formed an descending pennant and this pattern is commonly ends up with bullish move. And also , gold is now sitting on a major vertical support zone. I expect #xauusd to outperform #bitcoinusd for weeks if this bullish pattern breaks out. If this breakout works: Gold is a slowly moving instrument, if gold slightly outperforms btc, this may be also so bearish for bitcoin. NOT FINANCIAL ADVICE. dyor.by naphyse0
#PAXGBTC - Finally Rising After 30% DeclineWe bagged a huge Short trade recently with #PAXGOLD to make up for some null trades before-hand. Now we've got a Long signal from CTv2 coming off an historic support line. We'll be looking for 7% to reach first TP, 15% to second TP, and let the rest float on until reversal. _________ What Do You Think? If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀 Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️ 🔥🔥🔥 Crypto Tipster v2 theCrypster 🔥🔥🔥Longby theCrypster222
#PAXGBTC - Long - Potential 50.96%#PAXGBTC - Long - Potential 50.96% Strategy: Long Exchange: Multi-Exchange Account: Spot Entry mode: DCA Limit Invest: 14.49% Exit: • ⎿ Target 5 : 16938 100% • ⎿ Target 4 : 12703 49.99% • ⎿ Target 3 : 10162 19.99% • ⎿ Target 2 : 9315 9.99% • ⎿ Target 1 : 8892 4.99% DCA Entries • ⎿ Entry : 0.08469 - 100% • ⎿ Current market price: 8469 Stop: 7885 (-6.9%) Technical indicators: 24h Volume: 37.39181226 Satoshis: 8469 Consolidation breakout. Price could taper with RSI showing retrace, but with the SL so tight (derived from recent swing low) I'm just taking the entry now. Trade: PAXGBTC 10/02/2023 00:01 Account: SPOT Volume last 24h: 37.39 BTCLongby CryptoNicho3
$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% Longby TradingOnUpdated 227
PAXGBTC 'D' - Ranging market followed by a huge 50% RisePAXG looks like it's going to ranging within it's current area of consolidation for at least a few weeks, maybe even months - there's still a potential for plenty of smaller trades within this range, but we'd wait for the upward trend line to squeeze this area of consolidation to a point of breaking. With plenty of support on the underside and not much resistance above, combined with an upward facing trend line in which the price has bounced off numerous times historically, it looks to us that when the price does break, it'll break upward - with the next level of strong resistance being a huge 50% above the current trading price. Let's wait a couple of months and see what happens! What do you guys think?Longby theCrypster1
PAXG / BTC Possible bullish diverge Two Bullish expanding triangle + possible RSI bullish divergence ? Could bounce from that into a BUY. SELL if line breaks and wait next supportLongby tomasteixeiraborralho0
M/Berry Christmas?Fractal patterns indicating a 13d recurring resistance upon the median Gold/BTC pair could provide us a end of the year resolution/ 13-18 dec is decisive, 2nd reversal can occur as late as 22nd dec.by VladgenUpdated 112
M/Berry Christmans? w/ Moon IndexFractal patterns indicating a 13d recurring resistance upon the median Gold / BTC pair could provide us a end of the year resolution/ 13-18 dec is decisive, 2nd reversal can occur as late as 22nd dec. /w moon indexby VladgenUpdated 0
PAXGBTC BINANCE 5X Long HOLD HrNr 👁BINANCE:PAXGBTC Do not miss this opportunity to buy PAXG: paxos.com Buy using the PAXGBTC 5X Isolated margin service provided by Binance margin products and create a limit order at 0.03658 Enjoy.... 🚀🚀🚀 www.binance.com Longby TradeGod_1111Updated 1
Bitcoin to bounce as PAXGBTC meets resistanceThe PAXGBTC serves as an excellent inverse correlation for BTCUSD. PAXGBTC has formed an M pattern and is now coming back up to test the previous support line, which most likely will act as resistance pushing PAXGBTC down further. This is usually a sign that BTCUSD will rise. This is a most likely a short term move and will bring BTCUSD back to the top of it's current Bull flag formation, then we will watch to see if it breaks bullish or not. This will be nullified if PAXGBTC can find support above the line of course.Longby The_Mummy1
gold against btc bearish means btc 40%+gold against btc bearish means btc will go 40%+ gold is facing huge resistance and might fallShortby ishanwalia112
PAXG/BTC at Inflection Point PAXG/BTC in the upper end of the channel on the tail end of a sharp vertical move into major resistance . Short term price reversal likely. Short opportunity. Bullish scenario: Price consolidates underneath strong overhead resistance in a tight chop until price bars reach the bottom end of the channel, forming a tight triangle. **Either way this breaks could be violent, but I'd be biased towards a long in the scenario. Risk to Reward: If price definitively breaks above the .09475 resistance, then exit the short for a small loss. Partial Profit Taking to the downside is any touch of the bottom of the upsloping channel. If momentum is strong, this move could be pushed. When Bitcoin's upward volatility returns, it is probably going to return in a big big hurry. Shortby Turner56430
PAXGBTCPAXGBTC Is in accumulation Buy from current prices and 0.04870-0.03388 zone Target-price 1 - 0.05896 Target-price 2 - 0.06896 Target-price 3 - 0.07872 Stoploss - <0.028 Subscribe if you like the idea👍by Andrey_CryptoUpdated 111
BTC Downturn🔻 , Gold Upturn 💹 ;( PAXGBTC update )📉📈What sup Guys?! welcome to this analysis again! At the moment when almost the all markets has been crashed whether stocks , crypto .. and at the same time there is a relative recession all over the world and the prices of some commodities have skyrocketed In my opinion, capital will enter the gold and cause its price to rise again in the short and medium term. Although everyone has taken refuge in the crypto market as a safe market against terrible inflation , and since 2020 it has been able to surpass almost all markets in terms of price growth, but now due to the Federal Reserve policy also the correlation between crypto and SPY index and technology stock that they have been declining. However, this decline can continue for some time until the situation changes again. ------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭Longby PRO_SMART_TraderUpdated 447
$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-9B2Longby TradingOnUpdated 3
PaxGold = more BTCDo you want to turn your BTC into 15% more BTC? Then buy PaxGold/BTC pair. See the chart. Bullish "W" patter w/higher low and it's a bullish ascending wedge. Plus, gold IS BREAKING OUT!!!!!! This is not financial advice :-)Longby LTSInvestorUpdated 4
BTC - Bullish Rectangle PatternQuantitative easing (QE) is a monetary policy whereby a central bank purchases predetermined amounts in order to inject money into the economy to expand economic activity. Recent balance sheet trends - Federal Reserve Board: www.federalreserve.gov It is possible that the rising wedge pattern of BTC/USD is formed due to US inflation. When comparing BTC to gold, ATHs share the same horizontal resistance. Steady currencies are exchange rates used to eliminate the effect of fluctuations when calculating financial performance numbers for publication in financial statements. Therefore, when analyzing the chart above, it is possible to consider the bullish rectangle pattern. As long as the chart value remains within the rectangle, the pattern remains valid. From the moment it breaks the resistance that held all ATHs, BTC should have strong growth. If BTC crosses the bottom line of the rectangle (support line), the pattern is cancelled. Longby renatorez2Updated 5532
Pax Gold/BTC Short entryGreat short opportunity here IMO the D wave up didn't successfully challenge the B wave up and now it is trapped below resistance at last point of supply... I've been shorting it for about a month but I definitely topped up when it started rolling over here and imo it is still a great entry at tiem of publishing this chartby UnknownUnicorn13468879Updated 2
PAXG BTC MoEr DoEwN tIeMI currently see BTC/USD as being at a pivotal price point between four different patterns that I have charted, each of which have multiple potential outcomes, given this and the dragonfly doki printed on the daily with a range from 42750 -45500 with an upwards bias until a new daily says otherwise, and all indicators saying go... I expect PAXG BTC to print a trappy dragonfly with massive swings to the downside (and hopefully plenty of scamwicks in both directions) until it finds a double bottom and prints a gartley of either a bullish or bearish nature... A couple of educated guesses at potential plays inclluded for your viewing.by UnknownUnicorn134688792
PAXG/BTC Bullish Divergenceonce again IF you invert the scale, things are looking extremely bullishby UnknownUnicorn134688791