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
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