It'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...
Bittensor (TAOUSDT) has been trading within a Channel Up pattern since November 20 2023. Both of its Higher Lows have been formed on the 1D MA100 (green trend-line) with the latest being on March 30.
Today the price broke above the 1D MA50 (blue trend-line) for the first time in 2 weeks (since March 26). If the candle closes above it, we expect that to be the...
After the awesome trade on MYRO, i am trying the same setup on TAO. Bullish momentum, i am waiting the price to reach the support zone at 600.9 before placing a long order. Tight stop below support as invalidation, targeting nex resistance area at 658
We made a perfect entry and a perfect exit on TAO. Just touched the tp and then pumped. Unfortunately i hasn't placed a buy limit order, but i am entering long now targeting next resistance at 590, stoploss below liquidity area, let's see if we can ride the wave
Nice play on TAO, it's dropped nicely from our entry. I am fully out from my short entry and i am now waiting to place a long order. It's approaching support and the main trend is bullish, so i just want to see a bullish signal to reverse into a long position targeting new highs
Bittensor is strong, but i will not enter at top. It's dangerous and the fomo is never good. I think we are going to reverse soon, 520 is a strong resistance and reversal zone. If we start to reverse now, a good entry point will be around 390/400, claiming for new highs
KUCOIN:TAOUSDT had an incredible move up last month, nearly 2x from the mid-300s to a high of $480.
We've hit a short term high, and seem to be in a consolidation phase.
How low will this go? Well, if we look at the Fib Retracement levels from the start of this run up to the recent high, we can identify three likely entry points:
$385
$360
$315
If you...
Bittensor (TAOUSDT) is on a remarkable parabolic rally since the October 19 bottom, supported by a Higher Lows trend-line. Below that, is the natural technical Support, the 1D MA50 (blue trend-line). Technically every bullish leg of TAO during this run targets the +0.5 Fibonacci interval, where it consolidates until the next rally to the +0.5 Fib. As you can see,...
