PRE IS A ROCKETWe have identified an A wave and a large B wave on the chart. From where we have entered on the chart "START" our big B wave has started
Wave B seems to be a diametric, with only its final wave, its g wave, remaining.
In the green range, you can look for buy/long positions.
We have specified the targets on the chart. Closing a weekly candle below the green range will violate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
PREUSDT
PREUSDT AND PREBTC- LONG TERMHi everyone I'm back again, I lost my other profile, but here we go again. Today my analysis is about PRE, an interesting project in descentralized search, this week the company release the public mainnet. This is a real aplication of the Blockchain, for that reason with the time this project is gonna be huge. Presearch is available for Android, you can find it in the play store. Presearch need with urgency more market promotion, for people to know about the impact of this project, not only like an invest, too like a Real private search, staking and the possibility to earn income passive with the instalation of nodes by yourself. So, you have a world of chances with PRESEARCH. Take care of your investment. Isn't a financial advice! God bless you and take a breathe! :)
Presearch ;decentralized search engine ( PREUSDT analysis)📈📉Hello Crypto community Welcome to my new introduction for another high potential project.
💹Rank #393 --- Ethereum Token
Market Cap :$ 137,884,742
Circulating Supply: 396,578,435.00 PRE 79% ✔️👍 good
Max Supply :500,000,000 PRE
💰Holders Statistics:
10 Holders:59.99%
Top 20 Holders:66.49%
Top 50 Holders:74.9%
Top 100 Holders:80.64% ❗🚫risky
❇️What Is Presearch (PRE)?
Presearch is a decentralized search engine with more than 1.5 million users and over 10 million searches a month. It offers users three unique value propositions:
🔰Having control over their data and privacy
🔰Being paid for contributing value to the ecosystem
🔰A decentralization of the search ecosystem
Presearch offers several products with real-world utility. Its search tool allows users to search the internet in the same way they are used to with search engines like # Go o gle or # DuckDuckGo
sources: coinmarketcap.com-www.presearch. io
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📈📉 TECHNICAL
As you can see on the weekly timeframe for PREUSDT , It is trading about $0.366 right now.
Although it has been rising for more than 5 weeks and has grown in price by about 100% recently , it has a local resistance of about 44 cents on its way and It is also approaching the ceiling of its ascending channel . If it breaks its recent resistance, it can even reach its price targets in the short term. But I think a bearish scenario is more likely to happen , and any bitcoin fall could fall more at the same time .
In this case, in lower support points, it can be a good option to enter 3 steps and also a suitable project in terms of investment.
🛑current weekly resistance level: $0.43
❇️current weeky support level: $0.23_$0.27
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tips:
💥(Note that most of my analysis on the weekly timeframe basis is more suitable for long-term investment rather than short-term trading.)
🔰(Anyway, I highly recommend novice traders and investors to consider risk management and buying in a few steps) .
✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
🙏with Best Regards
PRESEARCH PRICE PREDICTION: JOURNEY TO THE MOONWhy Presearch is dumping so hard at the moment?
- The answer is because it has pumped so hard in the last couple of months.
- It has done 20x OMG 20x!!! from its June/July bottom.
- Current correction: -60% (so sorry for those who jumped in late).
- Bad news: It likely to go down 38% more target 0.1275 (I'm going to place my order around $0.127-$0.135, NFA)
- Good news: Long-term hold for this will be so fruitful. 260x in the table (See my idea on PRE in my profile).
Good luck to you all out there.