PITBULL SHORT TERM FORECAST
Pit has been bearish for days now, yet it's chart is saying otherwise. The KDJ oscillator likewise suggested that the selling pressure is weak. All these are classic signs of trend reversal. Yup, price may zoom to the upside anytime soon, specially after the pitswap 2.0 launch😉.
Hmmm, if this is the case, why is the price diving? We'll it's like this, PIT needs volume. Since it lacked the necessary volume any amount of buying and selling can easily move the price. The community needs to regularly day trade a portion of their PIT stack to boost volume. Any how, lets take a peek at the chart.
In the 4H chart, we can see a huge bullish falling wedge forming. Upside target is 0.00000000052. Candles are already hovering at the apex of the wedge, meaning PIT may have already bottomed.
If you'd like to trade PIT, the best entry is now at 0.00000000048 or somewhere near it. 😁DCA while it's low.
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