PAXGBTC Update Sept12 2022
PAXGBTC Update Sept12 2022 There was potential flat correction being printed.
However, the 2D macd and the 3Dmacd is negative agin. This is a sign of high volatility.
So, price could print a ziz-zag formation by retesting the trendline support around 0.065 first instead of going to 0.10-.10 first (watch the video to understand)
But since the btcusdt target is the W21ema, the PAXGBTC could could continue down to 0.065 depending on volatility.
Will analyze it again if/when we get more data
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.