VERY BAD NEWS TO PRESEARCH / technical analysis June 2020


As of today 06/02/2020 PRE / BTC (presearech) is exchanged for 0.0000018238 as of this writing.
Since April 2018, when the downtrend was confirmed until today, the downtrend line is maintained.

 

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However, since January of the current year until today PRE / btc have maintained interesting movements
since from the date I mentioned until today a descending triangle has been forming, so today we will not focus on indicators, back to basic chart figures. This is if the bears continue to confirm the downtrend in the following days there will be a breakdown of the descending triangle and continue to bearish continuity making a stop at the support of 0.0000011672

 

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In case it is the opposite and between the momentum of the bulls and the downtrend line formed from February 22 to today is broken.
In that case it would be a symmetrical triangle where there would be a bullish break through which the closest stop would be 0.0000027046
Without a doubt, they will be interesting days to take into account this PRE / BTC pair.

 

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                                                                            Thanks for reading, blessings

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Crypto adict (Manu VZ)
Crypto adict (Manu VZ)

Hi analyze graphics, and make staking, im a adict crypto and Hodler. I try to keep my faith but I'm looking for more. Not luck just odds.


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