Guess who's back, back again..

١٢ نوفمبر ٢٠٢١

Gold-pegged stablecoin PAXG (and by extension Gold) is indicating a strong bullish divergence (daily) against BTC at previous support. A very deep retracement (100%) makes the likelihood that this is a Base candidate ambiguous but I wouldn't be surprised to see a rally soon. No trade entry until price breaks the (Red) deceleration channel though.