Market Overview for PAX Gold/Bitcoin (PAXGBTC) on 2026-01-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 18, 2026 8:46 pm ET1min read
BTC
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Aime RobotAime Summary

- PAXGBTC rebounded from key support at 0.0486-0.0487 after a bullish engulfing pattern emerged post-bearish consolidation.

- Surging 4-hour volume and RSI nearing overbought levels signaled potential momentum slowdown amid heightened volatility.

- Bollinger Bands expansion and moving average crossovers reinforced short-term bullish bias despite Fibonacci retracement caution.

- Strong price-volume alignment confirmed breakout strength, but overbought conditions and mean reversion risks remain critical watchpoints.

Summary
• Price tested key support levels before rebounding near the 0.0486–0.0487 cluster.
• A bullish engulfing pattern emerged following a bearish consolidation phase.
• Volume surged in the final 4 hours, confirming a potential reversal trend.
• RSI approached overbought territory, suggesting momentum may slow ahead.
• Bollinger Bands widened during late-session buying, signaling rising volatility.

PAX Gold/Bitcoin (PAXGBTC) opened at 0.04836 on 2026-01-17 at 12:00 ET and closed at 0.0486 at 12:00 ET on 2026-01-18. The 24-hour range was 0.04831 (low) to 0.04863 (high). Total volume traded was 130.2252, with a notional turnover of 6.3041.

Structure & Formations


The 5-minute chart showed a bearish consolidation until the late afternoon, followed by a bullish engulfing pattern as prices broke above 0.0486. This suggests a short-term reversal may be forming, with 0.0486 and 0.0487 acting as key psychological levels. A doji appeared near 0.04863, hinting at indecision at the top of the recent rally.

Moving Averages



On the 5-minute chart, the 20-period and 50-period moving averages crossed to the upside near 0.0486, reinforcing a potential bullish breakout. On the daily chart, PAXGBTC remains above the 200-period moving average, indicating a longer-term uptrend remains intact.

MACD & RSI


The MACD crossed into positive territory in the final hours of the session, confirming a shift in momentum. RSI approached the 70 level near the close, suggesting the pair may be overbought. A pullback into overbought territory could offer a more sustainable rally path.

Bollinger Bands



Volatility expanded significantly in the final 4 hours, with price reaching the upper band at 0.04863. The widening bands suggest increased uncertainty, and a potential reversion to the mean could be expected if the trend fails to continue.

Volume & Turnover


Volume surged after 09:00 ET, peaking at over 5.1871 during the 16:45–17:00 ET window, coinciding with the final leg of the upward move. Notional turnover mirrored this pattern, confirming the strength of the breakout. Divergence between price and volume was not observed, signaling strong conviction.

Fibonacci Retracements

On the 5-minute chart, the recent bearish move found support near the 61.8% Fibonacci level of 0.04844, after which the price rebounded sharply. On the daily chart, the pair remains within the 38.2–61.8% retracement range of its broader bull move, suggesting caution in taking aggressive long positions.

The market appears to be at a turning point, with bullish momentum confirmed by volume and price action. However, overbought conditions and high volatility could lead to a short-term pullback. Investors should watch the 0.0486–0.0487 zone for continued strength and be cautious of a potential reversal if this cluster fails to hold.