Let's start by looking at the chart patterns and signals.
1) We have the "Cup pattern", which is in nature.
2) We also have the "3 Heads pattern" which is also known as "Inverse Head & Shoulders", also .
For the chart signals...
1) Prices recently conquered EMA10 and now moving above EMA50 (big bold magenta line).
2) with indicators.
3) Increasing green with a .
4) Trending up strong.
All these are pointing up.
If Bitcoin continues to drop, Paxos Standard will continue to move up and vice versa.
This is not financial advice.
Remember to always diversify between exchanges, pairs, and trading types to reduce risks and maximize profits.
Always take your time before jumping into any trade/pair, there are always more and more opportunities developing.
We saw many really strong opportunities just a few months ago...
We can literally forget those since many new opportunities are now showing up.
When one door closes, another one opens up with the contents in it better than before.
Remember to hit LIKE to show your support.
As of now, we focus on this chart only and PAXBTC is looking bullish.