$PAXG/BTC 4h (Binance Spot) Falling wedge breakout & retest

Aktualisiert
Paxos Gold broke-bullish and regained 50MA again, this time it could be for good, let's hedge some Bitcoin.

Current Price= 0.03836
Buy Entry= 0.03805 - 0.03701
Take Profit= 0.04130 | 0.04519 | 0.04834
Stop Loss= 0.03469

Risk/Reward= 1:1.33 | 1:2.7 | 1:3.81
Expected Profit= +10.05% | +20.41% | +28.80%
Possible Loss= -7.57%

Fib. Retracement= 0.5 | 0.786 | 1
Margin Leverage= 1x | 2x | 3x
Estimated Gain-time= 10 days
Trade ist aktiv
First entry filled

Paxos Gold dipped as planned, we may have our 2nd entry before the bounce though, let's stay patient!

Snapshot
Trade ist aktiv
Second entry filled

Paxos Gold retested 50MA as expected and is consolidating above it, looks ready for an impulse anytime now!

Snapshot
PAXGpaxosgoldTrend Analysis

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