๐ SHORT 
TAOUSDT.P from $340.00
๐ก Stop Loss: $354.55
โฑ 1H Timeframe
โก Trade Plan:
โ TheTAOUSDT.P price is forming a downtrend after breaking a Falling Wedge pattern.
โ The asset is trading below POC (Point of Control) at $363.85, confirming seller dominance. โ After forming a double bottom (Bottom 1 & Bottom 2), the price tested resistance but failed to hold above it.
๐ฏ TP Targets:
๐ TP 1: $334.00
๐ฅ TP 2: $328.00
โก TP 3: $321.00
๐ข This is a fast trade โ it's crucial to monitor the coin's behavior and quickly adjust take-profits.
๐ข A close below $340.00 would confirm further downside movement.
๐ข POC at $363.85 is a key volume area where sellers are in control.
๐ข Increasing volume on the drop supports the bearish outlook.
๐ข Taking partial profits at TP1 ($334.00) is a smart risk-management strategy.
๐จTAOUSDT.P remains in a downtrend โ monitoring for confirmation and securing profits at TP levels!
TAOUSDT.P from $340.00๐ก Stop Loss: $354.55
โฑ 1H Timeframe
โก Trade Plan:
โ The
TAOUSDT.P price is forming a downtrend after breaking a Falling Wedge pattern. โ The asset is trading below POC (Point of Control) at $363.85, confirming seller dominance. โ After forming a double bottom (Bottom 1 & Bottom 2), the price tested resistance but failed to hold above it.
๐ฏ TP Targets:
๐ TP 1: $334.00
๐ฅ TP 2: $328.00
โก TP 3: $321.00
๐ข This is a fast trade โ it's crucial to monitor the coin's behavior and quickly adjust take-profits.
๐ข A close below $340.00 would confirm further downside movement.
๐ข POC at $363.85 is a key volume area where sellers are in control.
๐ข Increasing volume on the drop supports the bearish outlook.
๐ข Taking partial profits at TP1 ($334.00) is a smart risk-management strategy.
๐จ
TAOUSDT.P remains in a downtrend โ monitoring for confirmation and securing profits at TP levels!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
๐ฅSubscribe to our Telegram channel๐ฅ
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
๐ฅEvery day 1 FREE signal ๐ฅ
๐ tinyurl.com/GoToMoriartyTradeGlobal
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.