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#PAXG/BTC 3D (Binance) Ascending wedge breakdown

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PAX Gold / Bitcoin (BINANCE:PAXGBTC)  
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BINANCE:PAXGBTC   PAX Gold / Bitcoin
Trend Analysis PAXG
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trendanalysis paxg
Pax Gold lost 200MA support and printed Three Black Crows, looks quite bearish for mid-term.

PAXG PAXGBTC
Commento:
PAXG printed a death cross in sats and seems likely to resume bearish.

snapshot
Commento:
Death cross is still valid and could end up playing out.
Especially with that hanging man below 200MA resistance, would be nice for Bitcoin!

snapshot
Commento:
Death cross played out very nicely, also 100EMA (orange) acted as the ultimate resistance.

snapshot
Commento:
Almost hit target and started to look locally bottomed, seems ready to recover in sats.
We have a hammer followed by an inverted one and then a dragonfly doji!

snapshot

Idee correlate

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#PAXG/BTC 3D (Binance) Descending wedge on support
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