TAO PriceThe Bittensor (TAO) token has breached the trendline hurdle of $400 and glimpsed a falling wedge formation breakout last session.
TAOUSDT trade ideas
heading towardsDO NOT FORGET USING A STOP LOSS
Warning:
This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
I hope you are always profitable
TAO PUMP SEASONTao is a prominsing AI coin that lots of time has made good money. Usually, i like to scalp TAO but actually i want to hold it also considering the NVIDIA earnings. I think we will see a pump on most AI coin, and TAO could lead to pump. First target the resistane area at $645, but first we need to close above the resistance boxi drawed, that it's a daily strong resistance level
TAO GOOD PRICE FOR DCA IN THIS ZONEIf the market allows in this zone, we will have a discount of almost 63%, which is an excellent price.There is a 50 weekly moving average, which of course should be a big support .
If we look at it as futures, it is better to wait for confirmation of a higher peak and testing of that peak.
Next week we will receive a report from ENVIDA and if it is good, it can push the price of TAO. We keep in mind that BTC has held the 50DMA, at the peak of its dominance, and at some point money will start flowing into quality projects like TAO again.
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TaousdtThis is an exact print of the bullish scallop trading pattern...
Entries don't get better than this imo
Exposure to the entire ai crypto ecosystem in one coin
Retesting its listing high???
for the coin that hardly ever dips at all thats a god tier entry
Pump it till mid june
📉 $TAOUSDT heading towards next support at 339.66📉 MEXC:TAOUSDT heading towards next support at 339.66 after rejection from previous resistance and trend line. 📈 Keep an eye for potential rebound or breakout at this level! #CryptoAnalysis 🚀
Despite the AI crypto marker surge Bittensor(TAO), the 4th largeThe RSI reading at down the 50 midline level 37 shows increased selling pressure.
However, the TAO has now formed a sideway pattern, indicating a physical zone for neutrality. Bulls now demand for a potential breakout from the zone $382 to $402 is much required, any direction above or below this will continue the rally in the same direction.
Trade Setup: Enter in $382 to $402, without the $382 breakout for stop loss.
Trend: Neutral but Long-term Bullish.
Bittensor (TAO) Price Prediction
The overall current technical indicator shows a neutral above-support momentum. Currently on a breakout with a downward channel followed by a sideways pattern.
The price trading below 50 day and 200 days SMA entranced a death cross moment, the price is motivated to push down from here and hold at new support.
Traders should wait for the selling pressure to end and watch the price near $372 to enter the positions.
TAO Long scalp setupIt's a long time i am not trading TAO, but i was checking this chart and setup looks good for a scalp long. Actually the price is sitting on H1 support zone, and on smaller timeframe is showing a potential reversal pattern (break of m5 timeframe and bullish divergence). I am targeting local highs and i placed my personal stoploss a bit more aggressive, but placing it below the support zone at 428 could be safer
TAOUSDT.PTAOUSDT.P is in trend reversal mode.
Divergence shown in RSI.
Going to make head and shoulder reversal pattern.
We wait for the fomation of head and shoulder and break the Neckline of head and shoulder.
GOT BORED W BTC SO LET'S TRY TAOTAO is one of the hottest that we have in this new era. Ight back to the chart, based on the chart only we have 2 scenarios. The first scenario is the one if the TAO following the BTC price(as most of the coin), drawn by the green color . We will have 2 entry points based on the first scenario 415 and 400 . In the second scenario , the price holds at 439 and continues the bullish run .
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Still, if u want to take entry pls take it carefully, and manage ur risk well. Until then
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Stay Safe
X.CO
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P.S If u want Outlook DM for pricing ty
A good pattern in Crypto marketHello everyone
I am not fundamentalist (I wish I was) and I do not have enough time to follow Crypto White papers and it is a big gap in my work. I search in the market, like a gold seeker, and find whatever fit with my strategy which is so simple. In this way, I have found this project and I am sure most of you are know about it significantly more than me. The last movements and history of its previous waves are incredibly essential for any analyst but what I am counting now is a perfect wave 1 cycle and if it is correct so we can expect a BULL market for that.
Second scenario is that this chart ATH was the end of wave 5 and we are in the start of a bear market in lower degree.
I do not think that the second scenario makes sense in this market.
BITTENSOR $TAO LONG/BUY 4H FALLING WEDGE PATTERNHere is my technical analysis for TAO on the 4H time frame. I think that we are very close to the altcoin season, and TAO proved that it's a strong altcoin and has big wallets. Also, I'm a big fan of the rule "buy the dips", keep it in your mind. Always, risk management and smart trades wish wins to everyone!
#TAO/USDT breaking the Diagonal Trendline in 4-Hour TF!#TAO/USDT breaking the Diagonal Trendline in 4-Hour TF!
GETTEX:TAO needs to reclaim the trendline to gain bullish momentum. #TAOUSDT local resistance level is PML $463.
TAO Weekly AnalysisTAO is currently in a significant downtrend, emerging as the biggest loser of the previous week with a substantial loss of 25.50%. This downtrend persists as TAO continues to establish new lower lows and lower highs in parallel.
The support level at $430 has been breached by TAO, and the bearish momentum has even broken the long-term support at $400, which has now turned into a resistance level. There is a possibility of TAO retesting this price mark in the near future.
Both oscillators and moving averages strongly indicate a sell signal for TAO. However, for long-term Hodlers bullish on the AI sector, this downtrend could present an opportunity to buy the dip or hold onto their positions.
TAO EASYCorrection is close to complete imo and we're not far off starting a parabolic rise which will last the majority of the year.
$TAO Bittensor Tao's Broadening WEdge... Still Retracing?GETTEX:TAO has done a 38% retracement from its all time height of over $760
Current price: $524
If Bittensor's price action continues to respect this broadening wedge, only two outcomes are possible:
1. #tao can continue its retracement to lower supports 479, 429 (perfect dip buying opportunities) Else
2. Tao will continue its ascent to higher prices retesting resistances at 578, 659, 752 and possible price discovery at 847, 950
An upcoming "Sell the News" on Bittensor (TAO)?Bittensor ( BITGET:TAOUSDT ) was listed yesterday on Binance! A big wick marking a new ATH has been made, but beware, could this be a short-term "Sell the News"?
For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier (BTI) since the start of its uptrend. If the price really needs to breathe, this would be an interesting area to take a trend-following position.
Destiny Daily TAOI hope you haven't been fooled and invested, you need to understand that technicality is very important.
TAO LongTAO is currently at a significant support level (+200 EMA), I think it is a good moment to initiate a long position. Despite NVDA's decline today, AI remains one of the most crucial narratives driving this bull market.
TAO Looking Bullish, Target should be 500 Tao looking Bullish in 15 Min , we should make rapid entry and exit.
Entry at 470
Stoploss : 450
Target : 499
long TAOTAO reached a critical level of support on the daily chart. If it holds this support area, bullish movement is expected to continue and reach the previous high of $770
