PAX Gold / USD Tether
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PAXG Channel with Upper and Lower limits

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This is a curved projection channel created upon a bounding box. The chart is presented over a log price scale. For its creation we use 3 "moving averages" that cover the center, upper and lower boundaries for potential movement. Even if this not an attempt to forecast a trend or future scenario, it allows to have an easy to read view of probable limits and oscillation parameters.

I have added a dotted line that represents a possible path and an uptrend movement. First, it could stay horizontal, and then begin a long bull run.

Just sharing my personal charts for learning purposes only. This is not an investment recommendation.

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