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theCrypster
Feb 5, 2023 11:05 AM

PAXGUSD - Tested & Broken Channel Support Short

PAX Gold / U. S. DollarKraken

Description

PAX Gold has had a really healthy upward momentum for a couple of months, gaining well over 10% in the process; but now we have broken this clear channel on the underside.

Are the bears coming for PAXG? Or could this be a quick fakeout before returning to channel?

We have received a short signal from CTv2 which increases our suspicions of a bear market fast approaching.

If you enjoyed or agree with this idea - drop us a comment, like & follow! :)

Comment

Pretty perfect analysis so far!

Let's get that support level broken for profit!

Comment

That's cracked that! A great profit so far!

Where are we heading next?
Comments
MarsSignals
really informative
theCrypster
@MarsSignals, Thanks bud
Gold-Tech
I agree with the priority. We will keep an eye on the market
theCrypster
@Gold-Tech, Absolutely!
RLinda
Wow, great technical analysis. I like your work.
theCrypster
@RLinda, Thanks!
DeGRAM
Execellent chart analysis.
theCrypster
@DeGRAM, Thank you
MonoCoinSignal
Powerful analysis
theCrypster
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