Free VitaDAO (VITA) Technical Analysis Signals

Overal Signal
Sell
Signals
Hold Hold Neutral Neutral
Last Update / Period
06 Dec / Daily
Category/Currency
Cryptocurrencies/USD
Exchange/Country
CCC/--

VitaDAO (VITA) signal with technical analysis on 06 Dec

On 06 Dec, we conducted a comprehensive technical analysis of VitaDAO (VITA), considering 256 signals with intricate details. Here are the key findings: 54 signals suggested buy strategies, while 99 indicated sell strategies. The remaining 103 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 4
Sell Signals: 30
Neutral Signals: 30
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 9
Sell Signals: 29
Neutral Signals: 26
Result: This strategy leads to a Hold position.

Strategy 3:
Buy Signals: 16
Sell Signals: 22
Neutral Signals: 26
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 25
Sell Signals: 18
Neutral Signals: 21
Result: This strategy leads to a Neutral position.

Overall Strategy:
Buy Signals: 54
Sell Signals: 99
Neutral Signals: 103
Result: This strategy leads to a Sell position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your VitaDAO (VITA) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for VitaDAO (VITA) on , there is a tendency towards a sell signal based on historical data and analysis. However, it’s crucial to remember that these signals are not guarantees. Make sure to carefully consider overall market conditions and align your decisions with your specific investment goals.

Based on the above signals and forecasts, we recommend the following strategies:
VitaDAO (VITA) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, it is advisable to identify the optimal time to exit your position based on a combination of technical signals. Those with a high risk tolerance may choose to wait and observe market movements over the next few days.
VitaDAO (VITA) trading strategy for those in sell positions (short positions): If you are in a sell (short) position, holding your position may be the right strategy, as indicated by the consensus of our technical analysis. However, be cautious and monitor market developments closely.
For new positions: If you are not currently invested or considering switching to a sell (short) position, it’s recommended to assess the potential downside of 15.44% based on the lowest expected price range. Ensure that this aligns with your risk tolerance and objectives by conducting thorough research before entering a short position.

In all trading scenarios, a well-defined stop-loss strategy is critical to managing potential downside risks effectively.

Useful Tip: For long-term forecasting, we recommend using the "Predict-price" website, which offers both short-term and long-term predictions at no cost. This resource can support informed decision-making regarding your **VitaDAO (VITA)** investments.

VitaDAO (VITA) Price Analysis and Support Levels:

In our current VitaDAO (VITA) position, we find ourselves in a short position, anticipating a potential downward trend. Understanding the key support levels is essential, as these serve as critical reference points for traders and investors to make informed decisions.

First Support Level: 3.527
We are closely monitoring the price at 3.527, the first support level. If the downward trend continues, breaching this level would signal strong selling pressure, suggesting the possibility of further price depreciation.

Second Support Level: 3.426
If the first support level is broken, the second support level at 3.426 becomes crucial. A break here would indicate stronger downward momentum, likely driven by market sentiment or external factors.

Third Support Level: 2.841
If the second support level is broken and the price continues to decline, this signals a significant market shift. Staying below 2.841 would confirm a persistent downward trend, with traders likely targeting this third level as the next support point.
These support levels should be carefully considered within the context of broader market trends and indicators. By staying alert and consistently analyzing the market, you can make well-informed decisions while trading VitaDAO (VITA). Keeping these support levels in mind will help you adapt to the dynamic nature of the market and make smarter trading choices.

VitaDAO (VITA) technical analysis chart

VitaDAO (VITA) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 5.023 5.035 -- -- --
Support 3.527 3.426 2.841 2.361 1.77
 VitaDAO (VITA) Support and Resistance area (06 Dec)

VitaDAO (VITA) signals list for 06 Dec

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

VitaDAO (VITA) candlestick patterns on 06 Dec

Today's VitaDAO (VITA) Candle Patterns List:

Doji High-Wave Candle Long Legged Doji Spinning Top

VitaDAO (VITA) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Dec Sell HoldHoldNeutralNeutral
2 04 Dec Hold HoldHoldNeutralHold
3 03 Dec Sell HoldHoldSellNeutral
4 02 Dec Sell SellSellNeutralHold
5 01 Dec Hold NeutralHoldHoldHold
6 30 Nov Hold HoldHoldHoldHold
7 29 Nov Hold HoldHoldHoldHold
8 28 Nov Hold HoldHoldHoldHold
9 27 Nov Hold HoldHoldHoldHold
10 26 Nov Hold HoldHoldHoldHold
11 25 Nov Hold HoldHoldHoldHold
12 24 Nov Hold HoldHoldHoldHold
13 23 Nov Hold HoldHoldHoldHold
14 22 Nov Hold HoldHoldHoldHold
15 21 Nov Hold HoldHoldHoldHold
16 20 Nov Hold HoldHoldHoldHold
17 19 Nov Hold HoldHoldHoldHold
18 18 Nov Hold HoldHoldHoldHold
19 17 Nov Hold HoldHoldHoldHold
20 16 Nov Hold HoldHoldHoldHold
21 15 Nov Hold HoldHoldHoldHold
22 14 Nov Hold HoldHoldHoldHold
23 13 Nov Hold HoldHoldHoldHold
24 12 Nov Hold HoldHoldHoldHold
25 11 Nov Hold HoldHoldHoldHold
26 10 Nov Hold HoldHoldHoldHold
27 09 Nov Hold HoldHoldHoldHold
28 08 Nov Buy BuyBuyBuyBuy
29 07 Nov Hold NeutralNeutralHoldHold
30 06 Nov Hold NeutralHoldHoldHold

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