AlanSantana

Paxos Standard Leaning Green

BITTREX:PAXBTC   None
Paxos Standard (PAXBTC) is my reverse indicator for Bitcoin... This is where I double-check if the chart signals are not strong enough on the Bitcoin/Ethereum charts.

Paxos Standard (PAXBTC) and Bitcoin (BTCUSD) move inverse to each other.
  • PAXBTC managed to stay above EMA10, which is bullish and green.
  • BTCUSD managed to stay below EMA10, which is bearish and red.

Conclusion
If you see Bitcoin going down, Paxos will move the other way.

Let's just hope is not a strong wave... Or else Bitcoin will go lower than what we expect.

Namaste.

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