finexus

PAXGXBT stands at a crossroads

finexus Updated   
KRAKEN:PAXGBTC   PAX Gold / Bitcoin
This morning at about 01:00 EDT, PAXGBTC made a reasonable jump from about 0.232674 XBT to 0.25 XBT before tapering forward to a point (at which we now find ourselves). While the majority of the crypto-sphere is down this morning (with a few exceptions like WAVESBTC ) the downward trend of BTCUSD has been known to liberate altcoins to go higher. That may just be the case with PAXGXBT within the next couple hours.
Trade active:
It now appears that PAXGXBT has made a bullish breakout.
Comment:
Sell target set at 0.2599
Comment:
Obviously, in the world of crypto, things can turn around quickly so it's always important to have a fixed stop loss in place.

Stop loss: 0.2415 XBT
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