TAO / TetherUS
Long
Updated

TAO Cup and Handle bullish set up

577
TAO is forming a cup and handle in the 3 days chart.
It is currently breaking out of the falling wedge.
A break above $682 will send TAO flying to $1,200 - $1,250 in the immediate short time.
Trade active
Playing out nicely. Currently somewhere around $680. Moment of decision.
Note
TAO gave you guys a second chance to buy below $570 yesterday.
Most likely, TAO will likely break $680 this time around.
Note
It is happening really fast.
$680 resistance will now be our support as TAO is preparing to hit $1249 which is the next big resistance.

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.