Hail Mary moment for BittensorBittensor about to enter a bear market of its own, breaking down key support levels. If it doesn't quickly reverse from here, which unfortunately seems unlikely, as it has had 2 chances to bounce,
then we are likely to go much lower.
Possible levels of interest are below.
Sad day for TAO, as just a month ago the set-up seemed bullish... how much can change over a month
TAOUSD
TAO Breakout Imminent? Watch These Crucial Levels Closely!Yello, Paradisers! Is #TAO gearing up for a powerful breakout, or are the bulls about to hit a wall? Let’s break this down step by step because this could be the turning point for TAO!
💎#TAOUSDT has reversed strongly after grabbing liquidity at lower levels, and it’s now shaping into an inverse head-and-shoulders pattern—one of the most promising bullish structures. If the breakout confirms, TAO could target the unfilled inefficiencies above. But will the bulls carry this momentum all the way?
💎Currently, TAO is testing the neckline of this pattern, with resistance sitting at the $460–$470 zone. A clean breakout and successful retest of this level as support could ignite further bullish momentum, pushing TAO toward $540–$550. This zone is critical as it holds the 61.8% Fibonacci retracement and aligns with the descending resistance, making it a significant hurdle for the bulls to conquer.
💎Should TAO break through $550, the next target lies at $620–$640—a region where the pattern target completes. However, be cautious here. This level could trigger aggressive profit-taking, and we know how markets react when the herd gets too excited.
💎On the flip side, TAO’s immediate goal is to flip the $460–$470 range into support. If this happens, it could act as a major catalyst for continued bullish momentum. If the bulls fail to hold this level, strong support lies below at the $430–$415 zone—a key area with the strength to absorb short-term selling pressure.
Patience and discipline are key here, Paradisers. The market often tests both bulls and bears before making decisive moves, so stay vigilant.
MyCryptoParadise
iFeel the success🌴
TAO roadmap (12H)It seems that TAO is forming an expanding triangle, currently in wave D of this triangle.
Wave D appears to have itself formed an expanding triangle (inverse expanding triangle).
It is expected that wave e of D will complete within the green zone.
From the green zone, it can move towards its targets.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TAO Bearish continuation likely incomingOur previous bearish trade on TAO has successfully reached its targets (analysis here)
The way selling candles cut through the box like warm butter indicates there is more downside to go
400 dollars target is on the horizon again
400 dollars is the major support level that has held twice
It needs to hold again, and ideally not be tested again
if it doesn't hold or is tested one more time afterwards, things will look very gloomy for bittensor
cheaper TAO soon? Short timeframe bearish scenarioThat thing is too long for a bull flag now
and therefore a bearish scenario is forming (medium confidence)
support lines are complicated
therefore a box
with its higher and lower levels of interest
marked in white lines
mild bearish shows us visiting 480s levels
mid bearish maybe around 440s levels
good places to grab some cheap TAO
as Long term scenario we are very bullish as per analysis
#TAO/USDT Ready to go up#TAO
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 435
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 447
First target 469
Second target 482
Third target 500
Short term correction over, long term momentum returns for TAOAfter our previous short-term correction trade for TAO is complete, we return to the long-term time-frame for Bittensor. The correction did happen as predicted, but the buy support was extremely strong and thus TAO rebounded convincingly and quickly.
According to long term FIB extension long-term targets are somewhere around 3100 USD, which is a reasonable target for AI as the dominant thesis of crypto.
Very bullish on Bittensor long-term.
TAO USD breakdown confirmed. Bad days ahead for BittensorKey support line broken for TAO and onward movement has a lot of thin air from prior rapid price up movement. Good opportunity to short TAO. The only thing that could invalidate it would be big buy-in by whales. If that fails to happen, TAO is likely awaiting a big downward move for the foreseeable future
TAOUSDT Cup And Handle PatternTAOUSDT Technical analysis update
BINANCE:TAOUSDT has formed a cup and handle pattern on the daily chart. With high volume, the price has broken above the neckline resistance, signaling a potential strong bullish move in the coming days.
Buy zone : Below $720
Stop loss : $560
Take Profit 1: $855
Take Profit 2: $1100
Take Profit 3: $1500
TAOUSD Technical Analysis Buy Entry BINANCE:TAOUSD
Buy Entry executed on daily chart.
Note: Green Yellow Candle. It is Buy Signal triggered on daily candle close. Following candle is confirmation candle. As it broke the high of Green Yellow Candle enter long with stop loss. Use trailing stop loss to manage your position.
#TAO/USDT Ready to go up#TAO
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 638
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 651
First target 661
Second target 673
Third target 686
$TAOUSDT Pumping with Volume!! New All-Time High in Sight!BINANCE:TAOUSDT is showing strong bullish momentum, with a recent pump backed by good volume, suggesting potential for a big move ahead. After a healthy correction, GETTEX:TAO has resumed its upward trend, aiming for new all-time highs in the near future. With momentum picking up, this setup could present a solid opportunity, but it’s crucial to manage risk carefully. Always set a stop loss to protect gains and limit downside exposure in case of a reversal. Let’s see how far GETTEX:TAO can go!
Currently trading at $540
Buy level: Above $520
Stop loss: Below $435
TP1: $650
TP2: $800
TP3: $1000
TP4: $1250
Max Leverage 3x
Always keep Stop loss
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TAOUSDT - Emerging as a Market Leader in AI Crypto! TAO is positioning itself as a leader in the AI crypto space, showing impressive technical strength after a healthy retracement to major support. With its momentum building, TAO is now on the move toward new highs! Remember to trade safe and keep an eye on this promising asset!
TAOUSDT Currently trading at $557
Buy level: Above $555
Stop loss: Below $445
TP1: $600
TP2: $700
TP3: $800
TP4: $1250
Max Leverage 3x
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#TAO/USDT 100% Up since our Entry!Next Target here!Profit Update for TAO/USDT 🚀🔥
To all my amazing followers, here's a quick update on our TAO/USDT trade! 🎯
📊 Entry Point: Around $217 with an average entry of $235 on July 02.
📈 Current Price: $473 (at the time of posting)
💰 Profit: That's a 101.28% increase based on the average entry! 🚀
The breakout is going as expected, and we've already doubled our investment!
For those holding, keep an eye on the next key levels as we approach new highs.
Am I selling? No! , I’ll add more in the dips.🙌
Next target: $777
For those who missed this one too, God help you!
(👀 All-Time High in sight!)
Stay tuned for more updates and trade safe!
💹
MARKETSCOM:BITCOIN
Do hit the like button if you like it, I will be sharing more altcoins like this so do not forget to follow me!
Thank you
#PEACE
TAO ANALYSIS (12H)It looks like a completed double correction which was our wave A and where we put the green arrow on the chart it looks like a bullish pattern has started on the chart.
The Boolean pattern appears to be a diametric. We are now in wave E of this diametric.
From the red range, the price can be rejected downwards.
Closing a daily candle above the invalidation level will violate this analysis and view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#TAO/USDT 250%+ Potential Profit! Breaking Out!!#TAO : One of the Best-Looking Breakout Charts!
With only 1 million in supply, this coin has the potential to serve as a well-balanced asset to complement your more volatile investments.
- Breakout: Confirmed
- Retest: Currently in progress
- Optimal Entry Range: $235 to $281 (Accumulate)
- Target: Potential 250% gains as the altcoin market rallies!
- Key Profit Levels to Watch:
- $389
- $477
- $550
- $675
- $743
Stop-loss: Not placing one—accumulating for long-term holding over the next few months.
Note:
Do your own research (DYOR).
This is not financial advice.
Want more setups for spot and futures?
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#PEACE
TAOUSDT at monthly resistance, resume upward after some retraceThe price has bounced from the weekly/monthly support after experiencing a downturn from the peak in march 2024. The support provided a good bounce and the price is now hitting monthly resistance level MR1 from where the price has pulled back and currently trading under that resistance. What I see in the coming week is that the price will retrace further down towards MS1 again and then reverse towards upside again.
If the price is not able to break that resistance MR1 now or the next push and falls below MS1 before doing that, it would be a very bad sign for the price. That would increase the likelihood of the price breaching the below WS/MS level and then targeting MS2 zone in the long term. But the price has a chance to break that MR1 to avoid that big downside. Lets monitor how it works out with that MR1 in the coming days/weeks.