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theCrypster
Feb 11, 2023 2:47 PM

#PAXGETH - Several Attempts at Breaking Out, Rejections! Long

PAX Gold / EthereumKraken

Description

theCrypster -

This current channel (or wedge) started forming around June '22 with a new HH - since this point we've been creating peaks and troughs all in alignment, resulting in numerous tests and rejections over the last 8 or 9 months.

We've just received a Buy signal from CTv2 right on the lower support line which indicates a strong potential for rejection and the price making it's way back toward the upper half of this wedge. There should at least 20% in this long trade ✌️

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Comments
SwallowPremium
You absolutely know your stuff! We do trust you here , thank you so much for sharing with us!!
theCrypster
@SwallowPremium, 😀 thanks! Time will tell with this chart!
melikatrader94
I think you got the key elements right. Great perspective on the market
theCrypster
@melikatrader94, Cheers buddy
MonoCoinSignal
Perfect analysis
theCrypster
@MonoCoinSignal, Thank you!
Williamforex
great setup
theCrypster
@Williamforex, Cheers buddy
Gold-Tech
Thank you, it looks good. I think you are right
theCrypster
@Gold-Tech, Cheers!
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