TAO Long Spot Trade (Reclaiming Resistance)Market Context:
TAO is showing strength by reclaiming key resistance levels as support and attempting to form a higher low. The setup suggests potential for further upside if price consolidates above $450 and reclaims the daily 21 EMA. A break above $600 could lead to price discovery.
Trade Setup:
Entry: Between $450 and $490
Take Profit Targets:
First target: $590
Second target: $760
Third target: $960
Stop Loss: Daily close below $400
This setup aligns with a strong risk-to-reward ratio, leveraging the potential for continuation beyond $600. #TAO
TAOUSDT
TAO Takeoff: The Path to EnlightenmentNot a bad project that I would consider in the medium term to buy at current values and fixing at 1.618 Fibonacci level. The project has recently announced partnerships with several major blockchain initiatives, which increases its potential and credibility. Also, the introduction of new technologies and platform improvements could have a positive impact on the price.
Horban Brothers!
Alikze »» TAO | Scenario 3 or C bullish - 1D🔍 Technical analysis: Scenario 3 or C bullish - 1D
- In the analysis presented in the previous post on the daily time frame, it was noted that the BINANCE:TAOUSDT AI in the supply zone can have two movement paths.
- Considering that the movement cycle in the supply zone ended and had a correction to the green box area.
- Considering the correction in the green box area and the creation of demand in the range, therefore, the previous movement cycle can be considered as wave 1 and the correction in the green box area as wave 2.
💎So with the recent zigzag correction, the BINANCE:TAOUSDT currency can have a movement cycle in the form of wave 3 or C of the bullish super cycle.
💎Considering the behavior and structure of the movement, it is in wave 3 or C of the bullish.
⚠️ In addition, if the price touches the Invalidation LVL area, the bullish scenario is invalidated, the chart should be reviewed and updated again.⚠️
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$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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FET Power Play: Riding the #AI Surge!I'm taking this bet here. It seems reasonable after the NFP data and unemployment rate.
I expect it to continue trending, and I'll use this along with GETTEX:TAO to gauge #AI strength. Let’s see how it plays out!
It has a clear invalidation point. I should have entered a bit lower at the trending MA, but it is what it is. The data is in our favor, and the conditions still look good for the #AI sector. Let’s see how this unfolds!
TAOUSDT Will Support Hold, or Is a Breakdown Imminent?Yello, Paradisers! Will #TAOUSDT hold its ground, or are we about to see a significant breakdown? Let's break down what could happen next.
💎#TAO is currently resting on a key support level. If the price successfully breaks below this support or the double top neckline, it will confirm a bearish trend, potentially leading to a deeper drop.
💎If this breakdown occurs, we’re eyeing the $484 demand zone as the first major target for the move downward. Should the market continue to struggle, there's a possibility of reaching even lower levels, with our final target positioned around a stronger support area.
💎On the other hand, if the price manages to close above $634 on the daily chart, the bearish outlook will be invalidated, and the market could resume its bullish trend.
Paradisers, stay sharp and wait for confirmation before acting. Smart, disciplined trading will keep you ahead of the game in this volatile market!
MyCryptoParadise
iFeel the success🌴
Sell TAO/USDT Channel Breakout H4 The TAO/USDT pair on the H4 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Days
Key Points:
Sell Entry: Consider entering a short position around the current price of 607, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 494
2nd Support – 422
Stop-Loss: To manage risk, place a stop-loss order above 687. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI FOREX TRADING
Thank you.
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 Takes the Lead: Shifting Focus to the Top AI RunnerI was hesitant to post this setup since it’s already done a 2x from the lows.
I completely overlooked GETTEX:TAO as a major runner in #AI, so I stuck with NYSE:FET instead. But now I see that GETTEX:TAO has a much stronger chart and greater potential.
Both the weekly and monthly charts show confirmations, with the monthly possibly reaching over $1500.
The daily just printed another trend, with $715 as the first target, and it’s likely to hit another ATH.
It’s clear that this one is the leading AI mover, so I’ll shift some funds into this. I plan to ladder in my buys and hope for a retest at $545.
BitTensor (TAO) – Major Resistance at $683! Time to Reallocate?📊💥 BitTensor Soars – Profit-Taking Time? 🚀
Let’s take a look at BitTensor (TAO). We’ve been riding this wave since $83 and increased positions around $135. Now, with the price currently at $584, I’m eyeing my personal target of $683, where I’ll be taking at least half of my profits and reallocating to other promising projects.
BitTensor’s market cap is nearing $4.5 billion, ranked 25th overall, but its trading volume is slipping to 36th. I’m happy with the gains so far and see $683 as a key resistance level, perfect for profit-taking.
Once I’ve cashed out some gains, I'll look to reinvest into projects with more upside potential, such as Sui, Sei, Tia Celestia, CRGPT and AIOZ. It’s been a great run, but it’s time to plan the next move!
Let me know your thoughts and let’s continue to navigate these markets smartly.
One Love,
The FXPROFESSOR 💙
BitSensor - Ethical Decentralized AI PotentialOverall Sentiment: Extremely bullish.
Thesis: TAO's decentralized approach to AI development offers a compelling alternative to centralized AI models, especially in light of recent concerns about corporate control and AI safety. (OpenAI Becoming a for-Profit Entity and last of Original Board leaving)
Strengths:
Decentralized Governance: This model can mitigate risks associated with centralized control and potential biases.
Community-Driven Development: A decentralized approach can foster innovation and adaptability.
Potential for Ethical AI: Decentralization can promote transparency and accountability.
Market Opportunity: The growing demand for AI solutions and concerns about centralized control create a favorable environment for TAO.
Key Indicators:
Volume: Approaching all-time highs for the year.
Sentiment: Positive, especially following Mira Murati's departure.
Technical Indicators: Expanding Bollinger Bands and promising Ichimoku levels suggest potential upside.
Price Targets:
Strong Support: $478
Target 1: $684
Strong Resistance: $820
Breakout Zone: $1102-$1183
Mid-Term Target 1: $1461.8
Short-term Outlook:
Based on the current technical analysis and positive sentiment, TAO appears to be in a strong uptrend.
A potential short-term target is $684.
If the price breaks above the strong resistance level of $820, it could signal a significant bullish breakout.
Mid-term Outlook:
The mid-term target of $1461.8 is ambitious but achievable if the current positive momentum continues.
However, it's important to note that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly.
TAOUSDT: Major Pullback Coming Before the Next Big Move?Yello, Paradisers! Have you been tracking #TAOUSDT's impressive rise? Here's why you should be cautious as this uptrend might face a critical test soon!
💎#TAOUSDT has been a strong performer, consistently making higher highs and higher lows. Recently, it broke structure by forming a new higher high, which has further solidified its bullish momentum. However, there’s a probability of a pullback to the key demand zone between 470.4 and 457.3.
💎This demand zone aligns perfectly with the 0.618-0.66 Fibonacci retracement levels, a typical area where price often finds support in strong uptrends. If TAOUSDT dips into this zone and holds steady, we could see a rally back toward the next major resistance level at 624.2.
💎If a 4-hour candle closes below 434, this thesis will be invalidated, signaling potential further downside.
Patience and discipline are key here, Paradisers . Wait for the best opportunities, and keep your eyes on those critical support levels. Stay focused and trade smart!
Trade smart, Paradisers! Stay focused, patient, and disciplined. This is the only way you will make it far in your crypto trading journey. Be a PRO
MyCryptoParadise
iFeel the success🌴
$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
$TAO Bittensor Ascending Triangle .. SPOT ONLY!Bittensor price action is forming an Ascending Triangle
Current Price: $260
If GETTEX:TAO price continues to print higher lows then expect a journey to the horizontal resistance at $358
#TAO Up resistances: 285, 358!
A successful break out of the horizontal resistance will seek resistances at 437, 504
This idea is invalidated under 230!
TAO ANALYSIS (4H)It seems we’ve completed a double correction, marking the end of wave A. At the point where we’ve placed the green arrow on the chart, it appears a bullish structure is taking shape.
The pattern forming resembles a diametric, and we are currently within wave E of this structure.
There’s potential for the price to be rejected downward from the red zone.
If the daily candle closes above the invalidation level, it would negate this analysis.
For effective risk management, make sure to set your stop loss and manage your capital accordingly.
Feel free to drop any questions in the comments.
Thank you!
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 Potential Rally Incoming!#TAO Price Update & Analysis
TAO is rallying as expected. It broke above the resistance trendline, retested the 35 EMA, and has recently rebounded.
- Breakout: Confirmed.
- Retest: Confirmed.
- Optimal Entry Range: $235 to $281 (Accumulated).
The strategy will remain the same:
- Accumulation: DCA every dip.
- Stop-loss: Not placing one—accumulating for long-term holding over the next few months.
- Key Profit Levels to Watch:
- $389
- $477
- $550
- $675
- $743
Do your own research (DYOR). This is not financial advice.
Thank you
#PEACE
#TAO #Crypto
TAO ANALYSIS🔮 #TAO Analysis 🚀🚀
💲💲 #TAO was trading in a Descending Broadening Wedge Pattern, and trying to breakout the pattern. Also there is an instant resistance zone and after the breakout of resistance zone and pattern we will see a bullish move. 📈📈
💸Current Price -- $327
📈Target Price -- $640
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#TAO #Cryptocurrency #Breakout #DYOR