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Taousdttrading

TAO/USDT EXPLOSIVE MOVEMENT!!! TAO SMASHED through buyside and VIOLATED the hourly imbalance. Where is it going next?? After TAO smashed buyside and violated the hourly imbalance, we must look for our next area of interest. Looking at the hourly chart, we see that there is a volume imbalance that needs to be rebalanced AND an hourly SIBI that needs to be rebalanced as well! Looking to see how price reacts when it reaches these levels. IF it violates these levels, then it's telling us that it wants to take out more buyside liquidity. IF it respects these levels and shifts in market structure lower, then we shall see a reversal to the downside. There are always multiple outcomes so it's BEST to be patient, and RESPOND to what price is telling us rather than REACT!! Remember: THIS IS NOT FINANCIAL ADVICE. I AM NOT A FINANCIAL ADVISOR. I AM SHARING MY IDEAS IN HOPES OF OTHERS SHARING THEIRS WITH ME AS WELL SO WE CAN LEARN AND GROW TOGETHER. TRADING IS EXTREMELY RISKY SO BE CAUTIOUS AND TRADE AT YOUR OWN RISK. DO YOUR OWN RESEARCH. ANALYZE YOUR OWN MARKETS. AND TRADE SAFE!
by INVYZNN
Buying $TAO Retrace with Fibonacci LevelsKUCOIN:TAOUSDT had an incredible move up last month, nearly 2x from the mid-300s to a high of $480. We've hit a short term high, and seem to be in a consolidation phase. How low will this go? Well, if we look at the Fib Retracement levels from the start of this run up to the recent high, we can identify three likely entry points: $385 $360 $315 If you want to invest in Bittensor's innovative AI technology, you can buy at market price right now; or, you can set limit orders for the levels above, to DCA into your position. Just keep in mind, the price may not reach these lows, and could turn bullish again at any monent. If/when Binance lists this token, or Coinbase finally changes its flawed ranking on it, or a major tech company announces a partnership, this token could moon. 🚀
Long
by tokentradertv
1
TAOUSDT Buy upon a pull back or a break out.TAOUSDT is on a mini parabolic rally that is headed to Resistance (1) at 75.00. The break out is a buy entry but can very well give a short term pull back first like in late May. Trading Plan: 1. Buy if Resistance (1) breaks. 2. Buy any pull back to 60.00 as long as the MA50 (1d) doesn't break. Targets: 1. 94.00 (Resistance 2 and top of Channel Up). 2. 75.00 (Resistance 1). Tips: 1. The RSI (1d) is 5 days after the formation of a bullish cross. An additional buy signal. Please like, follow and comment!!
Long
by TradingBrokersView
1