Presearch (PRE)Presearch is the first decentralized search engine which seems to have a good future; need more nodes in many regions. Anyway, its price movement also harbinger of much higher prices. PRE is unfolding a huge inverted wedge pattern which means big movements as the wedge gets wider and wider. Let's see what happens.
PREUSDT trade ideas
Presearch 1,600% Bu-Wave Potential (Trading Basics)We looked at Presearch recently, vs Bitcoin, PREBTC. I don't know why but it caught my attention. Maybe it is going to be really big?
Now we are looking at PREUSDT, the Tether trading pair for the Presearch Altcoin project; the chart looks good.
On this chart we can see a series of falling wedge patterns, three of them. This is also a major bear-market; bearish action since October 2021. As the date approaches 2024, in early 2024, we see an increase in trading volume.
If you look at the daily timeframe, we have a strong bullish breakout today and the week is only starting. This pair seems to be in a transition phase and can move next; can move fast; can move strong.
Potential targets on the chart go all the way to 1,600% but there can be more. We are not greedy though, we are happy with 300%, 500%, 700% anything the market gives. Our job is to buy-in early and make sure to get out green.
My job is to show you this opportunity early, before the bullish action takes place. Your job is to make the most of this information and end-up with a successful trade.
Our strategy is very simple: We buy and hold when prices are low, we then wait patiently for the development of the bullish wave. The waiting can be 1 month, 2 months, 6 months or 10 months; nothing changes. Once the bullish wave is in and prices are up, we sell and take the profits home.
We call it buy and hold. The market takes care of the rest.
There is no stress, no anxiety and risk is very low because we trade without leverage, we focus on spot. 1,000% seems do-able for this pair. It can grow fast in the first few weeks.
Thank you for reading.
Namaste.
Long when price will reach entry point as shown chart #presearchthis a chart where i did analysis about Presearch and I found breakout according to the setup i prepared entry point, target point and stop loss as shown in the chart
if you interested to buy Presearch then you can buy on entry point as shown in chart and sell it 75% on target point as shown in the chart and also put the stop loss as shown in the chart
disclaimer :- do your own analysis before enter in this trade and i am not liable for any of your loss by this trade
#presearch #preisdt
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
Presearch: Growing a Passive InvestmentHello Team,
This week we look at a small cap cryptocurrency opportunity. "Presearch" is a decentralized search engine which has the ability to generate their token for essentially "free" when using the search engine. They also have "Nodes" which the system operates on.
We have broken out of the downtrend and are at a 87% loss. Remember to Buy Fear no Greed.
Enjoy!
Presearch Holder/Price divergenceI've been following up with the project for a few years now, patiently watching developments and keeping track of their growth.
- Team/Project survived previous bear market.
- Project has +4M daily searches
- From 500M supply, around 250M are being staked
- There are around 70000 nodes servicing the system in a decentralized manner worldwide.
- Still waiting for trend reversal on daily (TSMA-50-100-200)
- Number of new wallets and holders started growing faster than usual since Sep 2022 (diverging from price movements)
- While there's always room for more pain, selling pressure has been flattening since Jul-2023
- Technical developments are slow/steady, regardless market conditions, which shows resiliency from team/project.
Overall, I'm watching this closely, project has great potential, seems quiet undervalued at the moment, charts shows smart money accumulating during this pain period, and the token is getting more scarce as the liquidity crunches unfold.
*I'm not an expert and this is not financial advice, do your own "Presearch".
* Be advised, this is highly volatile region we are due to low liquidity.
Show your love if you want to keep following Presearch developments with me.
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! :)
$PRE Bullish Shark Harmonic$PRE Bullish Shark harmonic pattern. Triple Bullish Divergence on the MACD histogram, with positive momentum building. Falling Wedge reaching it's apex. Dipped just below critical support, but recovered with a nice reaction, now consolidating. IMO looks very similar to the Wycoff Re-Accumulation Schematic. Waiting for a breakout, and back-test to confirm bottom is in. Do not want to see price below ~$0.17. BTC dumps and all bets are off.