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Bittensor

Is TAOUSDT Ready to Skyrocket? The 250% Opportunity Awaits!The big picture is coming together for TAOUSDT, and it’s looking explosive! Let’s break down this visually stunning setup that could catapult this asset by an incredible 250%. Are you ready to ride this wave? Here’s why this could be a game-changing breakout: 1️⃣ The Perfect Rounded Bottom Formation The chart paints a classic rounded bottom, a powerful bullish reversal pattern. Key Support Zone : TAOUSDT built a solid foundation within the support area, tested multiple times for strength. Steady Volume Accumulation: The increasing volume during the base formation hints at smart money quietly entering the market. This setup signals that momentum is building, and the next leg up is in sight. 2️⃣ Breakout from the Bullish Flag After the rounded bottom, the market formed a bullish flag, a textbook continuation pattern. This flag represents a brief consolidation phase, preparing for the next explosive move upward. Volume Surge : Notice how volume spiked at the breakout point? That’s confirmation of buyer interest stepping in. Momentum Reset : The consolidation allowed TAOUSDT to cool off, priming for a much bigger move ahead. 3️⃣ The Target: A Staggering 250% Move The measured move projection for this breakout is 1,800$, representing a massive 250% gain from current levels. With the pattern's precision and volume confirmation, this target becomes a realistic possibility. Here’s why this move could be the real deal: ✅ Rounded bottom = trend reversal signal. ✅ Bullish flag = continuation of momentum. ✅ Exceptional volume = confirmation of strength. 4️⃣ What Traders Should Watch For 💡 Key Support Zone: If the price retests the green support area around 470-500, it could offer a golden entry opportunity. 💡 Breakout Continuation: A clean break above the recent highs of around 640 will confirm that the momentum is intact. 💡 Volume Spike: Sustained volume will fuel this potential 250% rally. Conclusion: A Bullish Wave is Loading! 🌊 The TAOUSDT chart is screaming opportunity, with a rounded bottom, a bullish flag, and exceptional volume setting the stage for a parabolic move. With a 250% target on the horizon, now is the time to stay sharp and capitalize on this explosive setup. 🚨 Don’t just watch the move – position yourself for it. TAOUSDT is ready to make history. Are you? 🚨
by shazfit
Bittensor (TAO)📊 General Overview of the Analysis TAO coin, after being listed, initially moved downward within a descending channel. Upon breaking out above the channel, the price experienced an upward rally to its previous peak but then entered another descending channel. 🕰 Daily Timeframe Analysis 🔸 Current Status: After the upward movement, the price has entered a consolidation range (yellow zone). 🔸 Fake Move: The drop below this range suggests seller weakness. 🔸 Forecast: Breaking above the yellow zone could propel TAO to higher levels. ⏰ 4-Hour Timeframe Analysis 🔹 After rebounding from the top of the descending channel, the price responded positively to the midline and rose again. 🔹 Expected Movement: There’s potential for breaking out of the descending channel from the top. 🔹 Suggested Entry Point: A confirmed price stabilization above the red zone can signal a secure entry. 🎯 Price Targets (Fibonacci Levels) 🔹 1.618 🔹 2.618 📈 RSI Indicator Analysis 🔸 On the daily timeframe, RSI is positioned in an ascending channel. 🔸 Forecast: A breakout above the midline of this ascending RSI channel could offer an early entry signal for TAO. 📝 Conclusion and Final Note Technical analysis indicates that TAO has significant potential for further upward movement. Stabilization above the red zone and movement toward Fibonacci targets highlight the coin's appeal for long-term trades. 💡 Advice: Always employ risk management and incorporate your personal analysis into decision-making. 💡 Reminder: This analysis is for educational purposes only and should not be considered as financial advice.
Long
by alizeynali69
1
From BitTensor (TAO) to the Next Unicorns: The Evolution of AI BitTensor (TAO) has set a high standard for the AI crypto market, proving itself as a true trailblazer. From its humble beginnings at $29, it soared to an incredible $683, showcasing not only its strength but also the immense potential of the AI crypto narrative. As a pioneer and leader, TAO has paved the way for innovation in decentralized AI, attracting attention for its unique approach and early mover advantage. But as the sector matures and TAO’s $4 billion market cap limits its immediate growth potential, it might be time to consider what’s next for the AI crypto space. Let’s explore why the shift to emerging AI projects could represent the next phase of growth and opportunity. 👇 TAO: A Leader That Opened the Doors A Phenomenal Run: TAO’s meteoric rise was nothing short of legendary, with its all-time high of $683 reached months ahead of the broader market rally. It proved that AI crypto can stand out, even in unpredictable market conditions. Technical Outlook: Current resistance levels lie at $528, $560, and $600, while support at $436 could be tested if market sentiment shifts. Valuation Reality: With its $4 billion market cap, BitTensor has entered a phase of slower growth compared to smaller-cap projects still in their infancy. Why the Spotlight Shifts to New AI Projects 💡 AI Crypto Is Just Getting Started: While TAO has led the way, the broader AI crypto sector remains untapped. This emerging sector has immense long-term potential, with utility-driven projects poised to thrive well beyond traditional market cycles. 💡 Opportunities in Innovation: The next leaders in AI crypto will combine real-world utility, scalability, and innovative technology. These projects will likely define the space as the market evolves. 💡 Timing Is Key: AI-focused cryptocurrencies haven’t experienced their full breakout yet, making this the perfect time to explore smaller, undervalued projects with the potential to lead the next rally. My Strategy: From TAO to the Next Wave While TAO has been a fantastic trade from $29 to $683, it’s time to shift focus to the next generation of AI cryptos. These emerging projects have the potential to offer: 1️⃣ Higher Growth Potential: Lower valuations leave more room for exponential returns. 2️⃣ Early Entry Advantage: Getting in on the ground floor before the sector explodes ensures the best opportunities. 3️⃣ Broader AI Utility: Projects addressing data processing, machine learning, and decentralized AI infrastructure are likely to lead the way. The Future of AI Crypto TAO’s success is just the beginning. As we enter a new era of AI-driven innovation, the opportunity to find the next big thing in AI crypto is right in front of us. My eyes are already on several projects that I believe could dominate the space in the coming years. Stay tuned as I share insights into what’s next and how to position yourself to ride the wave of the AI crypto revolution. 🚀 📊 What’s your take on the future of AI crypto? Let me know in the comments! One Love, The FXPROFESSOR 💙
by FX_Professor
4
TAO Bittensor, my revenge chart after my defeat.Project description: Bittensor ( GETTEX:TAO ) is a decentralized machine learning protocol that incentivizes users to contribute computing power and train AI models on the blockchain. By leveraging a decentralized infrastructure, Bittensor aims to create an open, permissionless network for AI development. Type of project: Decentralized AI and machine learning protocol. Is it under a block?: Yes, Bittensor operates on its own blockchain, utilizing a decentralized network to facilitate AI model training and computation. GETTEX:TAO is used as the native token to reward participants who contribute to the network. Latest update or news: As of July 2024, Bittensor introduced Neuron Staking, allowing participants to stake their GETTEX:TAO tokens on AI models they believe will perform well, further aligning incentives within the network and driving improvements in model quality. Narrative: Decentralized AI, machine learning, blockchain infrastructure, and incentive-based computation. Why is it a good investment? Institutional Backers and Angel Investors: 1. Multicoin Capital: Multicoin Capital has backed Bittensor due to its innovative approach to decentralized AI, seeing it as a key player in the future of decentralized machine learning networks. Outlier Ventures: Outlier Ventures, a venture capital firm known for supporting Web3 and AI projects, has invested in Bittensor, recognizing the importance of decentralized AI infrastructure. KR1: KR1, a European blockchain investment firm, has also supported Bittensor’s vision for open, permissionless AI model training on the blockchain, seeing it as a critical step toward decentralized AI systems. 2. Angel Investors: Trent McConaghy (Founder of Ocean Protocol): While not directly invested, McConaghy has expressed strong support for decentralized AI projects like Bittensor that utilize blockchain technology to democratize access to AI resources and data. Sandeep Nailwal (Co-founder of Polygon): Nailwal, known for supporting decentralized infrastructure projects, has voiced interest in Bittensor’s approach to incentivizing AI model training through decentralized computation, though no confirmed direct investment. Futuristic Use Case: Decentralized machine learning model training: Bittensor enables the training of AI models in a decentralized manner, allowing participants to contribute computational power and data, which is crucial for building AI models that are not dependent on centralized entities. Incentivized AI development: Bittensor’s tokenomics incentivize participants to stake GETTEX:TAO tokens on high-performing AI models, aligning incentives across the network and driving continuous improvements in the quality of AI outputs. AI model sharing across industries: Industries such as healthcare, finance, and research can benefit from Bittensor’s decentralized AI models, which allow for the sharing and optimization of AI models across sectors in a transparent and permissionless way. Secure and transparent AI computation: By leveraging blockchain’s security and transparency, Bittensor ensures that AI models and computations are performed in a trustless environment, reducing risks associated with centralized AI model training. Why will it make a significant amount of profits? Unique competitive edge: Bittensor stands out from traditional AI platforms by decentralizing the training and development of machine learning models. This creates an open and permissionless ecosystem where anyone can contribute to AI development and be rewarded, giving it a unique position in the AI market. Growing demand for decentralized AI models: As the AI industry grows, the need for decentralized infrastructure that allows for transparent, secure, and scalable AI model training will increase. Bittensor’s approach of incentivizing contributors with GETTEX:TAO tokens will attract more participants and developers, driving demand for the token. Neuron Staking and incentivization model: Bittensor’s Neuron Staking system allows participants to earn rewards by staking GETTEX:TAO on AI models they believe will succeed. This creates a sustainable revenue model while encouraging continuous innovation in AI development. Revenue from AI model training and computation: Bittensor generates revenue by offering decentralized AI model training and computation services. As more businesses and developers use its infrastructure for AI model optimization, the value of GETTEX:TAO tokens will increase due to the growing demand for decentralized computation.
Long
by osodatsismoso
AIT Protocol; One Stop Shop under TAO Bittensor!Project description: AIT Protocol is a decentralized AI infrastructure platform designed to enhance the development and deployment of AI-powered applications by leveraging blockchain technology for secure data sharing, decentralized computation, and AI-driven services. Type of project: AI infrastructure and decentralized computation protocol. Is it under a block?: Yes, AIT Protocol operates on Ethereum and other compatible blockchains, utilizing smart contracts to manage AI-driven services and secure data exchange across decentralized networks. Latest update or news: As of August 2024, AIT Protocol launched its AI-as-a-Service (AIaaS) feature, enabling developers to access decentralized AI models and computation resources for building and scaling AI-powered applications on the blockchain. Narrative: AI infrastructure, decentralized computation, AI-driven services, and blockchain-based AI applications. Why is it a good investment? 1. Institutional Backers and Angel Investors: Pantera Capital: Pantera Capital has invested in AIT Protocol, recognizing its potential to bridge the gap between AI and blockchain, focusing on decentralized AI applications and services. Framework Ventures: Framework Ventures has also backed AIT Protocol due to its unique AI infrastructure approach, enabling decentralized computation and AI services in a secure and scalable manner. Outlier Ventures: Known for supporting Web3 and AI projects, Outlier Ventures has invested in AIT Protocol to push the boundaries of decentralized AI and its integration with blockchain ecosystems. 2. Angel Investors: Ben Goertzel (Founder of SingularityNET): While not directly confirmed, Goertzel has shown interest in projects like AIT Protocol that focus on decentralizing AI and integrating it with blockchain for secure and scalable solutions. Chris Dixon (a16z Crypto): Dixon, a key figure in supporting blockchain and AI convergence, has expressed support for the type of decentralized AI services that AIT Protocol aims to provide, though no direct investment has been confirmed. Futuristic Use Case: Decentralized AI applications: AIT Protocol enables developers to create AI-powered dApps that leverage decentralized computation and data storage, allowing for more secure and scalable AI models that can be accessed by a global user base. AI-driven services for enterprises: Enterprises can use AIT Protocol’s AI-as-a-Service (AIaaS) to integrate decentralized AI models into their business operations, providing automated insights, decision-making, and process optimization while maintaining data security. Cross-chain AI integration: AIT Protocol is designed to operate across multiple blockchains, enabling AI models to interact with different ecosystems and provide AI-driven services across various decentralized platforms and dApps. Decentralized data sharing for AI training: By leveraging blockchain technology, AIT Protocol allows secure, transparent data sharing for training AI models, solving critical issues related to data privacy and security in AI development. Why will it make a significant amount of profits? Unique competitive edge: AIT Protocol’s focus on decentralized AI infrastructure gives it a competitive edge in both the blockchain and AI sectors, providing scalable AI solutions that are not tied to centralized entities, thus appealing to developers, enterprises, and AI enthusiasts alike. Growing demand for AI services: As the demand for AI-driven services continues to grow across industries, AIT Protocol’s decentralized AI infrastructure will attract more developers and enterprises looking for secure, scalable AI solutions, driving demand for NYSE:AIT tokens. Revenue from AI-as-a-Service (AIaaS): AIT Protocol’s AIaaS model creates a sustainable revenue stream by enabling developers and businesses to access decentralized AI models and computational power for a fee, which will drive the utility and value of the NYSE:AIT token. Integration with Web3 and decentralized ecosystems: As more decentralized applications and platforms seek to integrate AI capabilities, AIT Protocol will play a critical role in providing AI services across Web3 ecosystems, making it a key infrastructure player in the growing blockchain and AI intersection.
Long
by osodatsismoso
4
$TAO Bittensor to $5000Can TAO Bittensor hit $5k in the coming weeks? We know that Bittensor is heavily focused on AI and machine learning models. It works and some of the incredible subnets that have been built out so far. Bittensor is pumping aggressively, however it's now on key resistance. If we can manage to hold $480 to $450, we can see it going to $650 The key support I'm watching to maintain its bullishness is around $370 area I think when the alts season really kicks in, I don't think why TAO won't go hypothetically to the price of $5k
by Tealstreet
1
TAO/USDT Technical Analysis in a Daily Timeframe.Hello everyone, I’m Cryptorphic. For the past seven years, I’ve been sharing insightful charts and analysis. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: Since early April 2024, TAO has dropped by 68% and may fall further by 20%-25%, reaching lower support levels between $194 and $217. A rebound can be expected after hitting these support levels. This rebound will likely push the price back to its ATH target of $777, gaining almost 260%. Here are the key observations: ~ Strong support/Entry: $194 to $217. ~ Primary Resistance: $287 to $306. ~ Potential rebound/Target: $777 (All-time high). ~ RSI: Slight increase in momentum from the oversold area, indicating a bullish scenario. ~ Invalidation point: A breakdown and close below the support level. DYOR. NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #PEACE
by Cryptorphic
2
Bittensor the Bitcoin Of Artificial IntelligenceElliot Wave Pattern: The chart shows an Elliot Wave pattern in which waves 1, 2, 3, 4, and 5 are identified. Currently, the price is in the corrective area of ​​wave C. This implies that the correction may be nearing its end and a potential reversal towards the next impulsive wave may occur. The next rally will be the very impulsive based because we are in major wave 3. Fibonacci Retracement: The price is currently around the 0.618 (approx. $308.16) and 0.5 (approx. $393.81) Fibonacci retracement levels. This level is often considered a strong support level in technical analysis. If the price manages to stay above this level, a significant upward movement is likely. Bullish Divergence on RSI: The RSI (Relative Strength Index) indicator shows a bullish divergence, which means that even though prices are falling, purchasing power is starting to increase. This is often a signal that the price will reverse upwards. Price targets: Potential price targets based on Fibonacci extensions are approximately $1,003.05 (1.618) and $1,409.51 (2.618). This indicates the potential for a large increase from the current price if a reversal occurs. EMA (Exponential Moving Average): The price is currently below the 21-day EMA, which serves as dynamic resistance. A break above this EMA will provide additional confirmation that an uptrend is underway. Taking into account the factors above, TAO/Bittensor has the potential to experience a significant increase if the price manages to stay above the critical support level and there is confirmation of the bullish divergence on the RSI.
Long
by CryptoWizard_
1
Bittensor (TAO)Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Bittensor (TAO) is decentralizing the process and creating a peer-to-peer market for machine intelligence. It enables the collective intelligence of AI models to come together, forming a digital hive mind. Anyway, it is clear that TAO's movement was great. First, oscillating in a triangle pattern, breaking this triangle upward, and rising more than 1000%. Then the correction started, which seems unfolding in an inverted-descending wedge pattern. Let's see when TAO breaks this wedge upward.
by SaeedSalehinia
TAO/USDT On the Edge of Major Breakout From Symmetrical Triangle💎#TAOUSDT is on the verge of a major market move as it approaches the upper boundary of a Symmetrical Triangle. Currently, it's testing the channel’s resistance, supported by strong momentum at $381.8. This positioning offers a substantial chance for a breakout, setting the stage for an upward trajectory. 💎However, if #Bittensor cannot sustain this momentum and dips below the critical support of $381.8, it may signal a weakening trend with potential declines. The subsequent critical demand zone at $330.03 is our watchpoint, renowned for its liquidity and history of initiating significant upward movements. 💎In the case that GETTEX:TAO revisits this demand zone, achieving a robust rebound to affirm support is imperative. A failure to do so could intensify bearish forces, tarnishing market sentiment and potentially catalyzing further price drops. 💎Stay vigilant and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and ready to navigate the potential shifts in the #TAO market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
$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
by Ifiok-2sydes
6