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PAX Gold / Bitcoin

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PaxGold vs BTC: Are You Missing the Signal?Why is nobody paying attention to the PaxGold/BTC chart? In the chart below, you can see PaxGold/BTC, and in the chart above, you see Bitcoin price. As you can observe, every time the RMBS indicator gives a buy signal, Bitcoin’s price tends to drop, and vice versa. I recommend adding this indicator to your chart on the daily timeframe along with PaxGold to see whether you should buy a risky asset like Crypto or a safe asset like Gold. You can find the link below—feel free to add it to your chart if you like.
by Ario_pinelab
Trade Signal for PAXGBTC: Buy OpportunityWe have identified a potential buy opportunity for the PAXGBTC trading pair, based on our analysis using the EASY Quantum Ai strategy. Below are the specifics of the trade signal: Direction: Buy Enter Price: 0.02909 Take Profit: 0.03019 Stop Loss: 0.02828 Justification for the Signal: Our EASY Quantum Ai strategy has identified several key factors for this bullish signal: 1. Technical Indicators Alignment: The current technical indicators suggest an upward momentum is building. Moving averages and MACD are showing bullish signals, reinforcing confidence in the upward trend. 2. Market Sentiment: Positive sentiment around the broader crypto market, and specifically for PAXG, suggests an increased demand for the asset. This is reflected in recent market movements and trading volumes. 3. Support and Resistance Levels: The entry price of 0.02909 is positioned just above a strong support level, minimizing downside risk, while the take profit target of 0.03019 aligns with the next key resistance level. This confluence of factors provides a compelling case for a buy position under current market conditions. Please ensure to manage your risk appropriately, considering the stop loss level to protect against unexpected market movements.
Long
by ForexRobotEasy
PAX Gold | Protect Your Capital | I Am Wishing You Success!Bitcoin is about to drop, strongly. The stock market, the SPX and major stocks, are also set to crash. People are looking for places to protect their capital. I don't know about the stock market but I surely know about crypto. This pair, PAXGBTC, moves inversely to Bitcoin. ➖ When Bitcoin drops, PAXGBTC goes up. ➖ When PAXGBTC drops, Bitcoin is normally moving within an uptrend. Based on the move on the 4th of August, this pair didn't move as strongly as Bitcoin in reverse but it is still a good place to hold, if you are looking for one. PAXGBTC is bullish and growing in bullish potential. It has been challenging resistance and is getting ready to move up. Again, I am mentioning this because Bitcoin is about to print several weeks of bearish action, and all pairs that move against Bitcoin might be a good place to rest, protect capital, while the correction unravels. This is not financial advice. 🍀 I am wishing you success. Even if for whatever reason you make some mistakes, it is not the end. There is always a second chance, and a third, and more for as long as we live. The only way to lose is to give up; if you keep trying, keep playing, keep fighting, keep pushing, forever, you are sure to win. Put your energy into it and set your mind to reach your goals. It doesn't matter the size, big or small, if you persist in your pursuit, success will definitely be yours. I will be sharing content and feelings through the beautiful, the ugly, the good, the bad and the great. We are humans and it is normal to make mistakes. Mistakes are the stepping stones to success. Don't worry about past failures, ignore them all. If you try again with the right mind, success is yours. We have an amazing opportunity in 2025, don't let it pass you by. Start planning now... What would you do, how would you prepare, if you knew for certain that in 2025, the entire Cryptocurrency market is set to rise? Namaste.
Long
by MasterAnanda
6
PAX Gold Goes Bullish: What About Bitcoin?We all remember the date November 2021 as the major turning point for Bitcoin. It is the date in which the ~69,000 ATH was hit. What followed was a massive bear-market ending November 2022. ➖ Here we can see an inverse relation between PAX Gold (PAXGBTC) and Bitcoin (BTCUSD). ➖ The same date Bitcoin hit a major high, PAX Gold hit a major low (November 2021). ➖ After the November 2021 bottom, PAXGBTC entered a massive bullish cycle. This cycle produced a major reversal signal November 2022, when Bitcoin bottomed. In early January 2023, PAXGBTC produced some really strong bearish sessions and a massive declined started. We all know January 2023 as a month when Bitcoin started a major bullish phase with Mars going forward and all that; we had plenty of fun with the trade ideas in those days. Ok. This whole dynamic leads to present day... PAXGBTC produced a bottom signal around mid-March 2024. Bitcoin (BTCUSD) produced a top signal around mid-March 2024. 👉 PAXGBTC is ready to move forward but, what about Bitcoin? Thanks a lot for your support. Namaste.
Long
by MasterAnanda
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 thecryer
2
#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 months
Long
by TradingOn
#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 naphyse
#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 🔥🔥🔥
Long
by theCrypster
2
#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 BTC
Long
by CryptoNicho
$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%
Long
by TradingOn
2
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?
Long
by theCrypster
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.
Long
by The_Mummy
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.
Short
by Turner5643