A bit of a deeper dive on a coin I looked at awhile ago, Paribus (PBX). A coin that wants to offer chain based lending, synthetic assets, and NFT collateral based loans, all on the Cardano Network.
FA wise: I thinks needs more catalysts to develop before seeing potential. ERC-20 to CAD-20 token converter needs to be on the mainnet, a dex like sundaeswap needs to...
I just started trading on KuCoin and I have to tell you I have been stoked so far. After being stuck with the BS options here in the US I love trading all these new pairs. I have 1 leveraged long with ETH but besides that I am sticking with the Spot Trading. Thanks to Trader UltimateKnowledge and his ideas I started looking at KuCoin. Anyhow, if you are reading...
Kucoin small caps have been holding up fairly well compared to other alts.
Long PBXUSDT
Im taking a position of PBX for more of a long term hodl. But these as some targets if your swing trading.
I entered today at 0.012166 monthly open.
I will cut this trade if we have a daily close below 0.008110
Technical Analysis is showing that PBX is currently looking to make another leg up from it's cup and handle pattern. Also Based on Both RSI on the 4hr and 1hr, along with decreasing price and volume, it's possible that PBX will be looking to make another leg soon
This is for educational purposes only and is my personal opinion on PBX.
PBX has a current circulating supply of 565 million coins with a total supply of 10 billion coins. Low market cap of $6,536,142 with today's trading volume of just over $7 million. PBX is currently traded on Kucoin and Uniswap.
PBX is the first of its kind that I have come across. I see...
