PITBULL SHORT TERM FORECAST
At the moment PIT is trading at 0.00000000049, but we had a short lived jump to the 0.00000000051 zone a few hours ago.
As I've mentioned yesterday and the previous days, anticipate consolidation within the 0.0000000047-51 price point.
We had the same bullish double bottom (DB) in the 6H chart. Upside target is still 0.00000000072. This is a really huge target, hence the need to consolidate along the DB neckline.
Moreover, the 6H KDJ oscillator is still suggesting a bounce back to 0.00000000053 zone. We also have a 6H KDJ support at 0.0000000005. So far we have zero KDJ resistance.
All signs in the chart are suggesting bullish momentum in the future. Hence, it's still a good time to DCA.
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