Lawyer, has been trading crypto since 2018. Wrote the book "Easy Crypto Trading." Active member of the PITBULL TOKEN community. My X account is @Easycryptow
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.
Pit is now trading at 0.00000000048. Are we still bullish? Let's see.
A quadruple bottom is still visible in the 1H TF PITchart. This pattern is bullish. Upside target is still 0.00000000057. Candles have slide down, but this pattern may still play out in the next few hours or even days.
It is typical for candles to move sideways and consolidate before a major rally. Moreover, although price has slumped, the KDJ stochastic oscillator has not detected any major sell off recently.
A few hours ago, I posted about this person from X who's trying to scam 50k from me. He's trying to make me believe that he is @Richard Teng and that he can double my 50k if I invest in him.
So I told him, I don't have money and asked if I can borrow 50k from him instead. 😂 Unfortunately, he declined and bargained for me to invest 10k.
Well, a follower made a comment if we can borrow 100usd from him as a sign of goodwill. So I did tried, but unfortunately, the fake @Richard Teng is now unresponsive.
So yeah, I guess we can't really scam a scammer. 😅 Anyhow, keep safe everyone.
FOLLOW for more.
By the way, FUN fact, PITBULL token is one of the safest token in the crypto space. It was created scam and rug proof. Proof? Check contract😁.
To contribute something to the community that I've grown to love for years, I'm charting PITBULL again. It's part of my daily commitment. 😁
SHORT TERM FORECAST
So yesterday the PIT 1H timeframe had this classic tripple bottom. However price has slide down and right now, we see a quadruple bottom has formed.
Hmmm, PIT might have nose dived for days now , but don't be fooled for it is actually taking its time in consolidating. Consolidation helps create a more stable rally in the future.
Anyhow, we have the same target for today. It's still 0.00000000057. If you'd like to trade PIT, the best entry is now at 0.00000000049-54.
Professor Mende - Founder of BONUZ Project - in Dubai UAE
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Bullish
🚀 BITCOIN EYES $90,000 BREAKOUT, ANALYSTS SAY 🚀
📈 Prepping for a Surge: Bitcoin is setting the stage for a significant breakout, with two classic indicators hinting at a bullish continuation.
🔍 Key Weekly Close: Renowned trader Roman has highlighted crucial signals on X, suggesting BTC is poised for a major move. Despite a lackluster June, Bitcoin’s higher timeframes indicate a promising outlook.
Consolidation Phase: Some analysts argue that Bitcoin's current price action is typical bull market behavior, characterized by consolidation below all-time highs, a phase that could last several months.
Bullish Divergence: Roman points out that Bitcoin is forming a third bullish divergence between price and the Relative Strength Index (RSI). Coupled with tightening Bollinger Bands, this setup could trigger substantial volatility.
🧐 Potential Upside: Roman’s analysis indicates that once volatility builds, BTC could surge well into new all-time high territory. He emphasized the importance of the weekly close, stating, "We are forming more bullish continuation indications on HTF. Once volatility is built, we can finally full send to $90K+."
Bulls Stay Hopeful: Cointelegraph’s previous reports noted that other bullish BTC price predictions are struggling to meet timelines. For instance, an $80,000 target for June is unlikely with just a week left. However, a separate prediction from May sees BTC hitting $95,000 in a rapid breakout.
Now, we have 2 different currents. Some sources say Bitcoin is headed towards $50k before breakout, other sources say we're already preparing for the $90k. The good thing both waves have in common: They're both talking about an upward trend in the long run, so I guess HODLERS can only win!
For days now PIT has been consolidating. Yesterday we had a bullish double bottom, however, price has dived again, and right now, it's forming a bullish inverted Head & Shoulders. Upside target is still 0.00000000057.
However, if this pattern plays out, it will create a domino effect. Another bullish pattern will be formed.
PIT is now trading at 0.0000000005 which is a good entry. ☺️
Writing about PITBULL seems to drag my views down😅. Anyhow, I'm still going to talk about it. PIT deserves to be on top and we the 527thousand PIT holders will keep pushing until x1000 or more😎.
SHORT TERM FORECAST
So the KDJ oscillator has nailed yesterday's forecast. After a sudden slump to 0.00000000048, PIT smoothly bounced back to the 0.00000000051 FOMO zone and even went beyond it.
Today, in the 1H time frame, a new bullish pattern has formed, a huge double bottom. Candles has broken the neckline, further confirming a possible bullish momentum in the next few hours or days. Upside target is 0.00000000057. Candles may wick off to that zone.
If this pattern plays out, it will create a serries of domino effect. It's going to create a huge bullish tripple top which may push the price further up.
In the meantime, if you'd like to day trade PIT 0.00000000052-54 is still the best entry.
BTC is now trading at 60k, is the bear market back?
Sorry BEAR team but its a Big No for me. Why? I have two reasons.
❤️ Daily KDJ oscillator which in my experience is 99.99% accurate, says that a bounce back to the 71k zone is possible, and may even go beyond it.
❤️Bullish rectangle is forming in the daily chart.
So why is BTC down when it's showing bullish signs? Well, you know candles usually consolidate before every major rally, and the higher the rally is, the more consolidation is needed. Wild ride for BTC, but 84k is still it's ultimate target.
What about the bearish double top in the weekly chart? For now, pattern is not yet confirmed, so I'm bullish. A red candle has to break the neckline, but it hasn't. So I'm bullish.
FOLLOW for more.
By the way, if you're still looking for a safe, low cap, x1000 token, check out PITBULL. 😎
PITBULL has been highly volatile today. Why? BTC is dragging it down. However, after the sudden slump, price has been smoothly recovering.
The PIT 1h tf has been bullish for days now. To recall, a huge double bottom has formed, and candles are consolidating along the 0.00000000052-54 price zone. As of now, PIT is trading at 0.00000000051 and the 1H KDJ oscillator has recently spotted FOMO volume at this price zone.
Well, today is a wild ride, but 0.00000000058 is still a PIT short term upside target. If you're day trading pit, the best entry is still 0.00000000052-54. Yup the present price of 0.00000000051 is even better.
Why is PIT pump taking so long? 😅 I'm sure you all have asked and I would like to humbly answer that question.
PIT is consolidating along the 0.00000000052-54 price zone. Selling pressure is tremendously weak and candles are just waiting for the buy volume to pile up and push the price higher.
The 1H chart may look like a bearish rectangle, but don't be fooled, for it is not. A huge double bottom is also visible in the chart. Short term upside target is 0.00000000058.
So why do I prefer the bullish double bottom over the bearish rectangle? Here's my ten cents, if you zoom out in the 1D PIT chart, candles are now hovering above a huge bullish falling wedge pattern. This suggests that PIT is long term bullish.
If you'd like to day trade PIT, the best entry is 0.00000000052-54.
Well, boss is right. We are bullish😎. So put your SL on bear team 😅. We're gonna get you soon😁😁😁.
LIVE
ZeusInCrypto
--
Bullish
Why always Bullish ? Even when correction happens?
Answer is very simple, to build trading mindset. To help you out to understand how to survive and how to manage your risk, Trading is how to get money out of other smart people. Either you lose your patience or they will, If #Bitcoin goes up and i call bullish, next day seeing red candles and calling bearish is gonna make you confused nothing else. You learn when you stick to one side,
These charts can help you understand certain possibilities of fluctuations, they cannot promise you dead sure bets until you manipulate them, and i am not a manipulator, we play fair.
I kept talking about going to new highs soon, because i know narrative is bullish till mid of 2025 or late 2025. Once we finish this cycle, by then you will be master of trading psychology. You will shift your narrative to bearish and then will buy every green candle and sell every red candle, because you will understand how it looks and how it works actually.
These local $BTC bottoms or tops will be your favorite zones to make good trades. In short even if you lost everything, you will get back on your feet from your pennies, because you will confident about what comes next,
BTC has already sealed the deal, its bullish. Next target is 84k. So watch out bear team, we the bull teams are gonna liquidate you guys too,so put your SL on🤣. Right boss Zeus? 😁
LIVE
ZeusInCrypto
--
Bullish
Why always Bullish ? Even when correction happens?
Answer is very simple, to build trading mindset. To help you out to understand how to survive and how to manage your risk, Trading is how to get money out of other smart people. Either you lose your patience or they will, If #Bitcoin goes up and i call bullish, next day seeing red candles and calling bearish is gonna make you confused nothing else. You learn when you stick to one side,
These charts can help you understand certain possibilities of fluctuations, they cannot promise you dead sure bets until you manipulate them, and i am not a manipulator, we play fair.
I kept talking about going to new highs soon, because i know narrative is bullish till mid of 2025 or late 2025. Once we finish this cycle, by then you will be master of trading psychology. You will shift your narrative to bearish and then will buy every green candle and sell every red candle, because you will understand how it looks and how it works actually.
These local $BTC bottoms or tops will be your favorite zones to make good trades. In short even if you lost everything, you will get back on your feet from your pennies, because you will confident about what comes next,
PIT is both long term and short bullish. After yesterday's short term blast, the PIT 1H chart is now forming an even bigger bullish double bottom pattern. Candles has plunged below the neckline, however, we can see a solid green candle closing above it. This candle has confirmed a possible pattern playout in the next few hours or even days. Double bottom upside target is 0.00000000058.
The KDJ oscillator neutral for now, but a bounce back to 0.00000000054 is highly possible. And if it does, a bullish head and shoulders will form.
If you would like to day trade PIT, the best buy entry is 0.000000000052-54. Take profit at 0.00000000058 or beyond if you're up for a long term hod. 😉
Yesterday, PIT had a short blast. As the KDJ oscillator has anticipated, candles did went back to 0.00000000054, and even beyond it, it went as far as 0.000000000548. Not much but doable😁.
So what's up with PIT today? Hold up, before we talk about it's short term probabilities, let's have a quick chat about it's long term potentials. So here goes 👇
LONG TERM FORECAST
For weeks now, PIT has been falling down, but, all along, it was moving within a bullish falling wedge pattern in the 1D chart.
.... 😁And just today it has finally sealed the deal. It finally broke out of the pattern. A green candle is now hovering above the wedge.😎
The recent development is confirming a possible upside rally in the comming days, or weeks. Falling wedge upside target is generous. It's 0.00000000085. That's more than 60% growth. 😉
If you're into breakout trading or would like to trade PIT for long term hold, the best buy entry is 0.00000000052-54 or somewhere near it.