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PITBULL SHORT TERM FORECAST
PIT has finally come back to life when yesterday's candle closed in green.
Price action is now hovering above the bullish falling wedge pattern in the daily chart.
Upside target is still 53.
Right now, PIT is trading at 32.
As mentioned yesterday, we have a serries of KDJ resistance along 0.00000000032-33.
In this price, huge selling has happened and most likely there are sell orders left.
So expect a rough ride along this zone.
A few hours ago, a candle tried to topple down the resistance, jumping to as high as 36.
However, the pending sell orders were filled bringing it back to 32.
It's been a wild ride for PITBULL but 53 is comming. Hold on tight.