#PAXG/BTC 3D (Binance) Descending wedge on support

By TradingOn
Updated
Pax 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

PAXG PAXGBTC XAU GOLD paxos.com/paxgold

Risk/Reward= 1:2.5
Expected Profit= +19.0%
Possible Loss= -7.6%
Estimated Gaintime= 2-3 months
Trade closed: stop reached
Binance
PAXGBTC Stoploss ⛔️
Loss: 7.6212% 📉

PAXG did not bounce where we expected and printed another leg down instead, maybe next time.

snapshot
GoldMoving AveragesOROPAXGpaxgbtcpaxgoldpaxospreciousmetalSupport and ResistanceWedgeXAUxaubtc
TradingOn

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