id10terror

$PRE Daily Triple Bullish Divergence

Long
id10terror Updated   
KUCOIN:PREUSDT   Presearch / Tether
$PRE holding that demand line nicely. Triple Daily Bullish Divergence on the MACD, and Bullish Divergence also present on the RSI. Nice support found on the 50DMA. A Bullish Hammer\Pinbar candle, and working on that Bullish engulfing today to confirm reversal. 🐂
Comment:
A falling three methods candlestick pattern developed and lead to a sell off. Demand line broken along with the critical support zone. Portential Bullish Divergence still present. Next support at ~0.225

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