Presearch Grew 2488% In 2021; Huge Potential For 2025 —See ChartHello my fellow trader, look at this chart. This is one of the pairs that tend to go unnoticed until it is too late and there are many charts similar to this one, which I will be sharing with you in the coming days.
We are looking at Presearch (PREBTC) on the weekly timeframe.
➖ Back in December 2020, PREBTC produced a major bottom, an ATL. From this low we see the start of a bullish wave. The bullish cycle was composed of two sections. One initial bullish breakout and then a major bullish session ending in a bull-run. Total growth from December 2020 through January 2022 amounted to 2,488% (~25X).
After the ATH, we saw the development of a bear-market ending in a new ATL, present day. Early reversal signals are starting to show.
First, we can see a very strong increase in trading volume around early 2024. The new ATL was hit in August and then we see a rounded bottom and some bullish action, small but still early reversal signals.
After years of selling and prices going down, the market is ready to turn. We can see huge potential to the upside. We have targets ranging from 600%, easy target, and up to 6,000% (maximum gains). We are going for 1,000 - 1,500% in our trade for this pair. You can aim higher just as you can aim lower; in truth, we buy and hold and let the market take care of the rest.
Thank you for reading.
Namaste.
