ViTA 0.67 | Food Security this issue rewards strong hands
and discipline players who can sit still
and accumulate at depressed levels
staying power yields 10x every cycle
and swing traders make 35% decent quarterly volatility DURING Breakouts
Vita
VITA INU (VINU) - UPTREND VIEWVITA INU is Showing an interesting view for an uptrend, on this reason follow to see if it can get confirmed.
VITA INU (VINU) - Upwards ReversalVita Inu (VINU) is looking like it has found local support and is now turning upwards whilst also breaking through a downtrend channel.
Expecting price to hit the Fib retracement levels.
120-140% profit is coming this weekStrong positive fundamental next days - listings new big exchanges
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Vita Inu (VINU) is the governance token of the VINU Ecosystem and is native token the Vite DAG chain. VINU is the world’s first fast, feeless (and cheeky) dog-themed coin with high TPS and smart contracts.
ASX: VTG - Vita Group LimitedFactors
1. Price has experienced a LT downtrend (Starting April 19)
2. Recent price is poking out of it's LT downtrend
3. Price slowly building a base with a short term resistance at $1.235 .
4. EMA is converging and all pointing up.
5. There is an overhead gap at $1.365 which I would be looking to target, $1.550 if we're feeling more ambitious.
Possible Reasons For Failure
1. No breakout/bullish price action at $1.235 to initiate trade
2. Prices may continue to downtrend
3. Base may breakdown at the short term resistance
Watchlist and keep an eye on, mainly at $1.235 level.
Making a break ??The Vita Group has broken out but hit a Historical resistance zone between $1.30 and $1.35. Technically it should retest the 1.25 breakout level before it makes a move up. That will also give the RSI a chance to move back down.This is not investment guidance or advice.
ASX: VTG VITA GROUPI am not confident of Vita's price movement lately. It has broke out of the falling channel but a double top has formed and prices are likely to reverse. Watch out for break and confirmation below $0.93.
Target short @ $0.52.
A price above $1.415 will invalidate this bearish view.
Background: Vita diversification strategy involving a move into cosmetic clinics. Vita Group is best known as the operator of Telstra branded stores.
