TAOUSDT - Swing Short IdeaPrice made false breakout of previous weekly high (orange line) and break the 4H structure (white line), so I would expect to see price distribute lower, potentially to previous week low (orange line). Entry on 1H TF, risk not more than 1% on any trade.Shortby Maks_KlimenkoUpdated 225
Alikze »» TAO | Retest the bottom of the ascending channel🔍 Technical analysis: Retest the bottom of the ascending channel - In the 4H time frame, after a price pump in the range of $162, it has been moving in an upward channel for some time. - In this ascending channel, after hitting the ceiling of the channel 3 times and not being able to break the range, it has faced selling pressure. - Currently, in the middle of the channel, after suffering for a while, it has again faced selling pressure. - According to the behavior and structure of this correction, it can extend to the area of $278, which is in the range of the bottom of the channel. After that, it can have a retest to Fibo 1.618 and neck line, and then continue the correction to the $250 area. - In addition, if the $250 range is broken, the correction should continue until the origin of the downward movement. 💎 Alternative scenario: If in this ascending channel it can stabilize above the neckline after the pullback to the broken structure, there will be a retest to the top of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« MEXC:TAOUSDT Shortby alikze2
Bittensor | Deep TAAnother chart and for this one we have many signals to look at; much data. We have a resistance line. This is the thin black line that stopped Bittensor (TAOUSDT) from growing in December 2023. Before the pair was able to move higher, it had to make a small retrace. Needless to say, after the peak in March this level worked as support on the way down. There was some action around it before TAOUSDT moved lower to produce a double bottom and major low. We have a strong support line. This is the bold dark orange line at the bottom. It worked as support in early January 2024, leading to the bullish wave peak, so a strong support. After the correction, this level worked as support again. First in July and then again on the 5-Aug. crash. Notice that the 5-Aug. session produced a long lower wick but ended closing above it, green and with really high volume. This sends out a strong bullish signal. Current price action is sending prices back above the "resistance" level, the black thin line and this puts TAOUSDT on bullish grounds. The thing is that the situation is still active, resistance is being challenged now, not yet broken and thus anything goes; this is a decision point. Seeing the major correction, the strong positive reaction at support and the other altcoins, we can bet on the bulls winning and expect higher prices. This is based on the chart signals. The not so funny thing is that when the market conditions change, all these signals become useless. Say everything turns tomorrow and thus the strong bounce at support becomes irrelevant because price action rules all. Anyway, there is a bullish bias on this chart. If there is a drop, support is sure to be found at the dark orange line. Depending on how this level is handled we can consider the next move. This is a mixed bag. I would personally go for the ones trading lower or approach this with a well thought out plan. Namaste.by AlanSantana6617
Bittensor CUP and Handle Update:Hallo ladies and gents. Skipping the bullshit, this is only an update to my previous TA. MEXC:TAOUSDT 1 Day Time-frame: seems to have broken out of the Triangle to the upside. The price has not only broken the triangle, but it also broke the 100 MA on the Daily Timeframe. The price is closing in green after 6 Green days again. This is significant and a very bullish pattern. It is also repeated previously if you take a look at its past price-movement. Zooming in on MEXC:TAOUSDT 4HR Timeframe to see what's going on on the short term: The previous week the price has also broken the Downtrend Channel to the upside: The 100 and 200 Moving Averages are forming a Bullish Golden Cross. Zooming out you can see that the Cup and Handle still holds up, even if it has a few invalidations here and there. Short-term target is the 200 MA on the 1D which places the potential price of MEXC:TAOUSDT at $434/TAO. I'm looking for even higher targets once the Golden Cross happens on the 1D. It will then turn ballistic and trade to ATH and possibly beyond short term. Bought the dips so far and now reap the greens :D Taking a look at a worst case scenario: The price could revisit the lowest Order Blocks if anything out of the ordinary happens. Always be wary of the possibility, so when and if it arrives - you're prepared better. Always expect possible downtrend in Crypto, even if all looks bullish. Thank you for reading, let me know your thoughts by sharing them. Do you see anything else going on?Longby tradingraider1
TAO another Cup & Handle bullishI see another beautiful Cup & Handle at the TAO Chart. As I drew earlier the Cup & Handle formation went perfectly at TAO. So here is another Cup & handle. Take profit, Entry and Stop loss is tagged in the chart. Good luck and have funLongby Kryptoabi7
TAO — Ready for Takeoff?Bittensor (TAO) is shaping up for an exciting move. Double Bottom • Formed at $215 (early July + early August) • Strong bounces both times Consolidation Channel • Currently sitting in the middle, poised to break higher Key level to watch and entry: $355 resistance. If TAO breaks through, there’s potential for a 25% gain, targeting the next resistance at $450. Longby ben_walther337
TAO Technical Analysis in 2-Day TimeframeHello 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: TAO is in a downtrend and is holding support at $218. It is currently facing resistance at $321.87, and given the current market scenario, TAO is likely to undergo some correction, followed by a rebound. The resistance is quite strong for TAO, but if it manages to close above this level, a bullish move is likely. Key levels: - Support: $218 to $250 - Resistance: $302 to $321 - Target: $500-$700 - Invalidation: A 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! by Cryptorphic2211
Tao/Sol: A New Chapter in the Sol/Eth SagaA new star emerged in the silent void, its light a whisper of ancient tales. Born from cosmic dust, it carried the echoes of those who once burned bright, their stories etched in the fabric of the universe. The star's glow reached out, finding a lone comet drifting through time. As they drew near, the comet felt the pull of a forgotten connection, a bond that transcended the ages. They spiraled together in a dance of light, repeating the history of their ancestors. Their union blazed across the heavens, a timeless tale reborn, written in the language of the stars.Longby CyperTrade3
SHORT #TAOUSDTSHORT #TAOUSDT from $304.85 stop loss $331.27 15m TF. The coin showed good growth without any corrections, at the moment it rested on the resistance area where the block order is also located, there were not enough forces to break it. I expect going down in order to perform a corrective movement and simultaneously collect liquidity across the entire area of movement, there is also the potential to go lower to the lower order block because at this level there is liquidity (orders of market participants) 1 Take profit; 294.51 update of the local minimum 2 Take profit; 280.72 Order block 3 Take profit; 247.79 Block order and last minimum Shortby CScalp_EN2
Bittensor Price Action - Update to fit my biasMEXC:TAOUSDT Update 1: The 50 MA and 100 MA have crossed on Bittensor, moving price downwards toward $180 levels. The Order Block on $180 will be retested. If the OB gets filled and rejects the downtrend, I'm hoping for a very bullish scenario. Worst case scenario: Bittensor price-wise may retest $44/TAO. There's a huge OB waiting at those levels. What's your take on this? Where do you see TAO is headed?by tradingraiderUpdated 886
TAO AnalysisTAO seems to be in a bearish trend for the past few months. The 245 area seems to be a good point for a reversal.Longby Kimbert_5
TAO/USDT: Ideal to Enter After the Weekly CloseIn my previous analysis, I mentioned that the better trade is to wait until the price action breaks above the $360 weekly structure and then enter on the retest. However, I see another swing trade opportunity after noticing the candlestick closed with a continuation pattern that I like, right above the dynamic support of the 40-day EMA on the weekly timeframe. My directional view remains the same as in my previous analysis. My Previous Analysis : Longby CryptoOverseerXUpdated 11
Tao comparison to Solana's fractal / summer 2021It seems that Tao is following Solana's price action... somwthing to think about, although not a science in itself.by jaimefotopro115
Trade Setup: TAO Long PositionMarket Context: TAO has shown a change of character (CHOC) and risen 82% in price during July. We're looking for a higher low to establish a trend for continuation higher, turning previous resistance levels into support. Trade Parameters: Entry: Enter in the golden zone, mid-range. Specifically, retesting the $266 to $280 area of resistance as support. Take Profit: First target: $480 Second target: $560 Third target: $740 Stop Loss: Set at a daily close below $200. Additional Notes: Maintain some dry powder in your TAO allocation in case of a larger pullback to dollar-cost average (DCA) at range lows. Monitor price action closely in the $266 to $280 area to confirm support before fully committing to the trade. Adjust your strategy if market conditions change significantly. #TAO #TradingStrategy #CryptoTrading 🎯Longby Richtv_official5
TAO BreakoutTAO was trading in a downwards price action but it broken out with volume and have retested the trend line once and if it holds it can move to make a new ATH.Longby WhaleKingpin3
TAOUSDT at monthly resistance, resume upward after some retraceThe price has bounced from the weekly/monthly support after experiencing a downturn from the peak in march 2024. The support provided a good bounce and the price is now hitting monthly resistance level MR1 from where the price has pulled back and currently trading under that resistance. What I see in the coming week is that the price will retrace further down towards MS1 again and then reverse towards upside again. If the price is not able to break that resistance MR1 now or the next push and falls below MS1 before doing that, it would be a very bad sign for the price. That would increase the likelihood of the price breaching the below WS/MS level and then targeting MS2 zone in the long term. But the price has a chance to break that MR1 to avoid that big downside. Lets monitor how it works out with that MR1 in the coming days/weeks.Longby angela_altair6
Tao Daily chart AnalysisTao Daily chart Analysis Beautiful breakout on daily chart expecting a bullish rally atleast 500$ cheers and like support my idea Longby MehranSwingTradersUpdated 8
$TAO bittensor Falling Wedge ... 70% Retracement Completed!#TAO price action still respecting its falling wedge... Current price: $303 GETTEX:TAO Bittensor has retraced 70% from it's all time high to a low of $235 All time high $795 Expect test of past resistances! Up resistances: 370, 479, 578, 659, 752 and then price discovery at 847, 938, 1070. 224 is a major key support! 224 - 285 is a remarkable buy the dip area!Longby Ifiok-2sydesUpdated 9
TAO ANALYSIS🔮 #TAO Analysis - Breakout 🚀🚀 💲💲 There is a breakout of Falling Wedge Pattern in #TAO and trying to retests the level. It's a daily time frame breakout and we will see more higher price in long-term. A successful retest is done and now we could see proper a rally 📈📈 💸Current Price -- $355.60 📈Target Price -- $722.00 ⁉️ 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 #DYORLongby ZEUS_Market_Alerts4
TaoWow Tao seams really interesting. Let's see what it does. Could go up or down. lmeow test.by mercifulStork562741
TAO/USDT: Eyes on This One!In my previous analysis, TAO/USDT followed the path that I drew perfectly, giving us a good entry for continuation on the 21-EMA Daily Timeframe. However, if you haven't entered yet, the better trade is to wait until the price action breaks above the $360 Weekly structure and then enter on the retest. Eyes on this one! Longby CryptoOverseerX117
TAO/USDT Target 1 Hit! What's Next?In my previous analysis, we entered the TAO/USDT trade after observing price action on a lower timeframe. We hit our target 1 right on the mark! Now, what’s next? We’ll wait for the price action to develop before entering a trade for continuation to the upside. We might want to see a break above $360 first and then enter a trade on the retest. Personally, I am still holding all of my spot positions that I entered around $220, as I believe TAO is good to hold to ride this bull run. Longby CryptoOverseerX117
TAO Technical Analysis and Chart UpdateHello 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: In 20 days, #TAO has gained 80% from the mentioned support level. This is exactly what I meant when I said, "Patience is the key." The price has broken above the resistance trendline and is currently retesting it. I am looking forward to a successful bullish rally on TAO in the coming days. If you don't want to miss trade setups and updates like this, then do follow and turn on notifications. Thanks. #crypto #Altseason2024 Longby Cryptorphic13