PITBUL46
vip

PITBULL SHORT TERM FORECAST


At the moment, PIT is trading at 30.
As anticipated, it has dived towards the apex of the wedge.
In the daily chart, a bullish falling wedge pattern has formed.
PIT is moving within it.
For days now, we have been anticipating consolidation along 30-33.
This side ward movement will continue until a green candle jumps above the wedge.
If this pattern plays out, upside target is still 53.
Pit has been moving slow because of low volume.
To recall, PIT has visited this price before or even lower, and has always managed to go back up.
Why?
Because we have a strong token, backed by a resilient community.
If you'd like to add some more, create a buy order at 29.
A quick drop to this zone is also possible.
Anywhere between 30-33 is also a good entry.
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