Paribus (pbx)Pbx usdt analysis
Time frame daily
Risk rewards ratio >2.3 👈
Historical strong support ( red) line is very close an here is a good area to entrance
Paribus
Paribus, the lending platform for Cardano consolidating. Ready?Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions and synthetic assets running on the Cardano blockchain.
This project is relatively new starting in Q2 of 2021 and could profit massively from the upcoming growth of the Cardano ecosystem.
We wait for the bottom of the triangle as entry point or the top if price won't come down anymore.
Let's wait and see.
Keep in mind that often times we feel doomed or the opposite invincible, this is the time we are wrong and reversals happen.
So ask yourself how you feel and what it means.
Feel free to comment or ask anything you like.
Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers
Ctumbler
30% profit is coming!all is visible in chart. but... but this analyze is valid until the candle is above trendlinde.
good luck!
