wavehellofriend

PIT/USDT | 3 Year Price Forcast (ABC Waves)

OKX:PITUSDT   None
I saw PIT was listed on a new exchange yesterday and decided to have a look at the chart.

As far as I can tell, based on ABC waves (containing Elliot Wave counts within each wave of ABC) in combination with Fibonacci Level Retrace and Fixed Anchored Volume tools, there is some promising growth when entering at the correct times and volatility levels provide sharp gains. I'm not going to be highly invested in this MEME coin as I don't normally dabble in the MEME coin sector - but I did want to publish this TA as it may be of use to someone out there and I want to come back in 3 year to see if I was close.

Based on the TA, exponential growth is possible, and any influx of traders/holders/users would potentially push the price to a height that is unexpected and provide market momentum around the sentiment of this asset.

Not investment advice - educational purposes only.
I am not a financial advisor, I simply enjoy analyzing charts and mapping out possible price movements to as far out as I can without beginning to completely guess.

Happy Trading, Independent Money Making Warriors!
P.S. don't forget to use a stop-loss, risk management is just as important as making profits.
Be careful if you decide to do leveraged or futures trading. It's a volatile market!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.