Do 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 :-)
Quantitative 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,...
Hello Crypto Lovers, Mars Signals team wishes you high profits. We are in the daily time frame. There is the S1 line which the price has hit and was not supported. The price has slightly broken he S1 line but came back up. There are 2 resistance lines, R1 and R2. We expect the price to hit the S1 line once more and then break the R1 line moving toward the R2...
Great 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 chart
I 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...
once again IF you invert the scale, things are looking extremely bullish
As you can see in this chart for the pair of PAXG/BTC it has been declining since sep2020 , and Bitcoin was succeed to outshine the paxGOLD , after reaching its lowest level in the 12 April 2021 it has attempted to rise and break up the descending trend line, that wasn't successful in 1st attempt and went down to its previous low price and demand zone ...
Seems like we are close to a point of inflection? A wave up and btc dumps into the ground and a wave down and btc bears are dead... no more pax g available for borrowing so the shorts are heavy.... Should be an interesting couple of days.
BTC - GOLD recorded double top between October and November. Pivot for Fibonacci Regression lies between these 2 ATH. In November BTC consolidated horizontal resistance at 0.0673 (BTC - Steady currency) enables horizontal resistance between ATHs (BTC - U.S. Dollar) creates a rising wedge due to dollar inflation BTC broke through 1.0 fibonacci regression...
"The Federal Reserve had 7.17 trillion U.S. dollars of assets on their balance sheet as of June 3, 2020, up from 4.17 trillion U.S. dollars on February 19, 2020." Source: fred.stlouisfed.org From July 2020 until today, USA has been injecting approximately 1 trillion USD every 8.5 months continuously. This becomes evident when comparing BTCUSDT November peak...
PAX Gold/BTC Pair on the move Pax Gold/BTC is in a bump and run pattern, targets highlighted on the chart
The Federal Reserve had 7.17 trillion U.S. dollars of assets on their balance sheet as of June 3, 2020, up from 4.17 trillion U.S. dollars on February 19, 2020. Source: fred.stlouisfed.org From July 2020 until today, USA has been injecting approximately 1 trillion USD every 8.5 months continuously. This becomes evident when comparing BTCUSDT peaking in November...
The denominator (USD) is broken. As such, to see long term patterns, we need to look at BTC expressed in gold rather than USD. With BTC the quote rather than USD, the INVERSE is what we're looking for when looking at BTCUSD highs. So the lows in PAXGBTC represent the highs of BTC.
PAXG, a gold peged crypto, Has been gaining in setoshi value. For the past few months PAXG has collapsed in satoshi value seeing all time lows of 2.6 million sats. That would put PAXG At an 88% discount from its ATH daily close of 31.9 million sats. Despite this massive collapse, In the last month the trading pair has rebounded 37% from it's all time lows....
Gold-pegged stablecoin PAXG (and by extension Gold) is indicating a strong bullish divergence (daily) against BTC at previous support. A very deep retracement (100%) makes the likelihood that this is a Base candidate ambiguous but I wouldn't be surprised to see a rally soon. No trade entry until price breaks the (Red) deceleration channel though.
PAXGold Early signs of reversal, early and thus fragile. Wanna see and hear oure insights, check the video out. As always this is no financial advice and always doe youre own research. Stay happy strong and healty. untill the next one, Cheers!
PAXGold. Early signs of reversal, early and thus fragile. Wanna see and hear oure insights, check the video out. As always this is no financial advice and always doe youre own research. Stay happy strong and healty. untill the next one, Cheers!
Hi followers, BINANCE:PAXGBTC formed beautiful trading setup, after a big drop in price, the pair consolidate sideways for nice period of time, above important support area. After which the pair formed higher low, suggesting positive reversal in price, break above the sideways move and a retest of that area. Don't forget to manage your risk! 👌 Good luck and...