Paxos Standard Looking Bearish

3 Apr 2020

Yesterday I looked at the Paxos Standard (PAXBTC) chart and saw some bearish signals, this told me that Bitcoin (XBTUSD) was about to move up... And so it happened.

Right now I am seeing some bearishness on this chart, seeing PAXBTC go down is another signal that Bitcoin can easily go up.

Conditions for change
If prices move and close above EMA10 (0.00015371), the above signals become invalid and prices can continue higher.

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Thanks a lot for your continued support.

Namaste.