Trader's Logbook

Those who entered VITA earlier have been waiting for the “White Knight” update. But as time goes by and no development been heard, price may further go down as we may see in the near future following the Symmetrical Triangle formation (continuation pattern)

Although triangle like this doesn’t really tell us in advance where the break will happen but based on current price which is now at the support line, we may say that this is poised to go down. But if tomorrow our price will move up and hit the resistance then sentiment will be reversed. Any break from the slope accompanied by big volume will be considered the start of the trend.

Caveat!