Another $TAO Bittensor tao's Falliing Wedge-Major support RetestGETTEX:TAO Tao Bittensor has formed yet another Falling Wedge
Current price: $243
For everytime #Tao has formed these falling wedges with Key support around 224, It has been accompanied by an explosive move upwards.
#Tao has also lost over 70% of it's value from an all time high of 795. So it is low risk.
Expecting retest of these supports: 370, 578
This idea Invalidation under 224!
More Extensive Analysis:
This chart is showing the price action of GETTEX:TAO (Bittensor) against USDT on a weekly timeframe, traded. Here’s a more extensive analysis based on the provided chart:
1. Falling Wedge Pattern
- The chart highlights a falling wedge pattern, characterized by converging downward-sloping trendlines.
- Falling wedges are typically bullish reversal patterns, meaning a potential breakout to the upside could occur.
- The previous falling wedge led to a strong rally, suggesting a similar scenario might unfold.
2. Current Price & Key Levels
Current Price: $243
Support Levels:
Most recent low $224
Resistance Levels:
$260 - $285** (near-term resistance)
$370 - $380 (tp1 - Take Profit 1)**
$578 - $600 (tp2 - Take Profit 2)**
$794 (long-term resistance)**
3. Key Takeaways & Trade Outlook*
- If the price breaks out above the falling wedge, a bullish move toward $370+ is possible.
- If the price breaks down further, the next major support is around $224.
- Traders might look for **confirmation** of the breakout before entering long positions.
TAO
$NEAR - Approaching key liquidity levels. #NEAR has created a BOS, followed by a drop into our POI, which has provided a nice 21% bounce. It’s a level where one can spot-buy NEAR. Personally, I’d only look for longs from the 3M HOB refined into MTF or the demand level just below it.
Other info., such as TPs and entries, is provided in the chart.
I’ve noticed that people usually miss Supply and Demand levels, and if there’s one thing I’ve learned in this recent correction, it’s that these levels, if reached, are highly respected - especially if there’s an OB/HOB at the same level. The best example of this is #ETH, which found support at the 3M Demand level, proving the significance of S&D versus just looking at individual liquidity levels.
$RENDER has entered my POI after creating a BOSThere’s a significant amount of liquidity between 2 & 2.5, specifically around the 21H HOB, which is located at 2.35–2.4. If that level is reached, it could provide a significant bounce; if it overshoots, we should look at the lower levels as shown in the image. It’s currently bouncing from the 7W HOB, but I’m particularly interested in that 21H HOB.
Let’s see what we get. :)
TAO - Extremely Bullishone of the few coins which are about to go in sub-wave 3 of macro-wave 3
haven't bought this one yet but might rotate a few weak positions to this if the structure holds
no idea what's going to happen to AI tokens (haven't looked into things yet, no time on hand) - sharing this purely based on TA
TAOUSDT LONG 1H (2Target Done! Congratulation)An excellent situation from the trading plan.
The second goal has been achieved and the stop is at breakeven.
I would like to emphasize that the $320-322 block (break block) confirmed the retention level. You can move the stop order to this level and calmly wait for new variables from the market
UPdate:
1-st target:
TAOUSDT LONG 1H (1st Target Done! Congratulation)In this position, the first target from the update has been achieved. The stop order is moved to breakeven and new variables are expected to arrive from the market.
Initial review:
Update:https://www.tradingview.com/chart/TAOUSDT/tLc5vyIX-TAOUSDT-LONG-1H-Update/
TAOUSDT LONG 1H (Update)The position opened perfectly, as expected from the trading plan:
In connection with the resulting market variable in the form of the hh structure, I change the first target and move the stop a little higher.
Critical level 321.95 - 322.00$
If it is tested again and is not held, I will close the position at breakeven. The market is manipulative, you need to carefully evaluate its entire structure.
UniversOfSignals | TAO, an AI-focused cryptocurrency currentlyLet's take a quick look at TAO, an AI-focused cryptocurrency currently with a market cap of $138 million, ranked 36th in the coin market cap.
🥸 In the 4-hour timeframe, we are observing a descending range pattern with significant resistance at the area around 477. Every time the price attempts to rise, it gets rejected from this level. Recently, the support at 345.9 was broken, and the price has dropped to a lower level, reaching the support at 306.9.
⭐ The RSI oscillator has exited the oversell zone after completing a bearish leg and has returned to the normal range. The market volume appears to be decreasing, which is common on weekends.
🕯 If the support at 306.9 breaks and the RSI enters the oversell zone again, we could witness the next bearish leg down to the support at 265.2. If the price ranges today and tomorrow while the market volume is low and then breaks this support at the start of the new week, this breakdown would be more credible.
📈 As for long positions or buying, we need to wait until this bearish momentum exits the market and the price establishes a new structure. Therefore, I cannot provide a specific trigger for long positions at the moment.
TAOUSDT LONG 1HLocal signs of a price reversal are forming on the TAO coin , which opens up new opportunities for finding good long entry points.
I'm waiting for confirmation of the POI block with the subsequent reaction of purchases. If the variables are positive, I will open a Long position with the following targets:
$342.50
$360.00
$392.30
Risk management - 1% on stop order
TAO Outlook after the Dip. What to expect NOW?Because of politics and misleading news, we are now witnessing these prices, and this caused most of my analyses to be wrong and not go according to my thoughts. However, now the price has a strong support area that if it reacts to it, the price will go up to $400 and create a V pattern. Since this market is filled with some politicians and some Persons & their misleading promises, maybe the price will drop again and go down to $310 and then grow again.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
❗Disclaimer
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TAO Ready for CorrectionThe price is in a descending wedge and may drop to $370 to liquidate traders before rising to $480.
Give me some energy !!
✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us.
Best regards CobraVanguard.💚
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
$AIUS best potential AI token$AIUS (Arbius) Is an crypto project that wants to decentralize AI model hosting.\
They want to achieve this by using the POUW method (Proof of usefull work) Where miners will have to solve AI tasks to receive rewards. Mechamisms are in place to slash bad actors and it already had it proof of concept stage.
Next stage is V5 where mining will resume and investors can use their AIUS tokens to subsidize AI Models, Investors also earn rewards from staking, This includes emissions that are 50/50 split between miners and investors, Stakers also receive rewards from AI model fees.
I expect a huge move up when V5 gets launched, I believe this is much bigger than anything created atm and the potential is huge.
TAOUSD Breakout and Retest Confirms Bullish StructureTAOUSD has shown strong bullish potential after breakout of two key patterns. The first pattern was a wedge, which formed between May and September 2024. This pattern is typically a bullish reversal signal, and as expected, the breakout led to a strong rally. After reaching new highs, the price then entered a bearish channel, which served as a corrective phase rather than a trend reversal. Recently, TAOUSD successfully breakout of this bearish channel and has now retested the breakout zone around $411, confirming previous resistance as a new support level.
Currently, the $400 – $411 zone acts as a critical support area that needs to hold for further upside continuation. If the price maintains strength above this level, the next key resistance to watch is $480, where previous price rejections occurred. In the medium term, the major bullish target lies at $705 – $730, aligning with a previous major high. From a trading perspective, aggressive entries can be considered around $410 – $420 during this retest, while conservative traders may wait for confirmation with a strong breakout above $480. A stop-loss should ideally be placed below $400, as a breakdown below this level could invalidate the bullish outlook.
For confirmation, volume strength should be monitored, as a breakout with low volume may indicate weakness or a potential fakeout. Additionally, broader market sentiment, particularly Bitcoin’s trend, could influence TAOUSD’s price action.
#TAO/USDT#TAO
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 418
Entry price 440
First target 452
Second target 472
Third target 490
TAO still bullish or in bear market phase?We have two potential scenarios for TAO:
1.) Bullish Scenario: This is based on the macro degree wave 5, where the 1-2 wave structure has already completed, and we are currently in the process of unfolding the remaining subwaves 3, 4, and 5. If this scenario plays out, we are targeting levels above $1000.
2.) Bearish Scenario: This scenario remains a possibility, as the macro wave 5 may have already terminated, signaling the start of a larger corrective phase. In this case, we would be entering a bear market, with a potential ABC correction unfolding.
$TAO Bittensor Tao Ascending Triangle...GETTEX:TAO Bittensor Price action is currently in an ascending Triangle
Current price: $361.5
Superbuy flashing on the SuperAI indicating a shift in Trend on the 45min Timeframe
Neckline resistance is btw 369-386
$CRYPTO:TAO Tao price action break above this neckline resistance can lead to take profit: 431, 474
This Tao idea invalidates below 330
Bittensor: Solid Trading, High Profits —Strong Bullish Signals This is a great pair and the chart looks awesome. There is a combination of simple signals, classic signals and strong signals; all bullish signals.
Let's get started.
Bittensor (TAOUSDT) recently produced very high volume. The session with the highest volume was a green day. This volume started rising in November 2024.
There was a major low hit on the 3rd of February 2025. This major low is a higher low compared to 5-August 2024. Boom, that's a classic. A long-term higher low (six months).
To continue with the classics, today TAOUSDT is moving above EMA55. The day is early so this is a strong signal. This is quite revealing. Once above EMA55 the bullish bias mid-term is confirmed; but, to be honest, we are going up long-term.
If you move the chart up, you can find higher targets. The first target on the chart is something minimum and easy. This pair can also be traded with leverage just as one can accumulate through spot. The choice is yours.
This is a major pair and will do great in this bull-market.
There are many different types of pairs. Some have high potential for profits but there is some uncertainty around them, small pairs. Some others are very strong and easy to hold. This one is in the category of easy hold. If you have a big diversified portfolio, I recommend this one. I think it will grow really strong.
The market offers something for everybody, all types of traders, for all types of lifestyles, for all types of capital.
My people are mainly searching for stress free, relaxation, sure long-term profits, but we also have leveraged traders and also some memecoiners, there is everything for sure.
What you choose is up to you.
It will depend on your likings. Your risk tolerance, your capital, what is available in your country, your goals.
I am here always for your assistance.
I am at your service.
Thanks a lot for your continued support.
You will do great in this bull-market.
I know you will.
There is no other option. What you get is the result of your work.
You've been working hard.
You deserve the best.
Namaste.