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TAO / TetherUS

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TAOUSDT trade ideas

Bittensor (TAO)Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Bittensor (TAO) is decentralizing the process and creating a peer-to-peer market for machine intelligence. It enables the collective intelligence of AI models to come together, forming a digital hive mind. Anyway, it is clear that TAO's movement was great. First, oscillating in a triangle pattern, breaking this triangle upward, and rising more than 1000%. Then the correction started, which seems unfolding in an inverted-descending wedge pattern. Let's see when TAO breaks this wedge upward.
by SaeedSalehinia
TAO/USDT On the Edge of Major Breakout From Symmetrical Triangle💎#TAOUSDT is on the verge of a major market move as it approaches the upper boundary of a Symmetrical Triangle. Currently, it's testing the channel’s resistance, supported by strong momentum at $381.8. This positioning offers a substantial chance for a breakout, setting the stage for an upward trajectory. 💎However, if #Bittensor cannot sustain this momentum and dips below the critical support of $381.8, it may signal a weakening trend with potential declines. The subsequent critical demand zone at $330.03 is our watchpoint, renowned for its liquidity and history of initiating significant upward movements. 💎In the case that GETTEX:TAO revisits this demand zone, achieving a robust rebound to affirm support is imperative. A failure to do so could intensify bearish forces, tarnishing market sentiment and potentially catalyzing further price drops. 💎Stay vigilant and adaptive, Paradisers. Your ParadiseTeam is actively monitoring and ready to navigate the potential shifts in the #TAO market. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
TAO GOOD PRICE FOR DCA IN THIS ZONEIf the market allows in this zone, we will have a discount of almost 63%, which is an excellent price.There is a 50 weekly moving average, which of course should be a big support . If we look at it as futures, it is better to wait for confirmation of a higher peak and testing of that peak. Next week we will receive a report from ENVIDA and if it is good, it can push the price of TAO. We keep in mind that BTC has held the 50DMA, at the peak of its dominance, and at some point money will start flowing into quality projects like TAO again. If you like this free content, press like and leave a comment
Long
by learnfromfailure
Despite the AI crypto marker surge Bittensor(TAO), the 4th largeThe RSI reading at down the 50 midline level 37 shows increased selling pressure. However, the TAO has now formed a sideway pattern, indicating a physical zone for neutrality. Bulls now demand for a potential breakout from the zone $382 to $402 is much required, any direction above or below this will continue the rally in the same direction. Trade Setup: Enter in $382 to $402, without the $382 breakout for stop loss. Trend: Neutral but Long-term Bullish. Bittensor (TAO) Price Prediction The overall current technical indicator shows a neutral above-support momentum. Currently on a breakout with a downward channel followed by a sideways pattern. The price trading below 50 day and 200 days SMA entranced a death cross moment, the price is motivated to push down from here and hold at new support. Traders should wait for the selling pressure to end and watch the price near $372 to enter the positions.
by foomaclen
GOT BORED W BTC SO LET'S TRY TAOTAO is one of the hottest that we have in this new era. Ight back to the chart, based on the chart only we have 2 scenarios. The first scenario is the one if the TAO following the BTC price(as most of the coin), drawn by the green color . We will have 2 entry points based on the first scenario 415 and 400 . In the second scenario , the price holds at 439 and continues the bullish run . . Still, if u want to take entry pls take it carefully, and manage ur risk well. Until then . . Stay Safe X.CO . . P.S If u want Outlook DM for pricing ty
by Eirxco
1
TAO Weekly AnalysisTAO is currently in a significant downtrend, emerging as the biggest loser of the previous week with a substantial loss of 25.50%. This downtrend persists as TAO continues to establish new lower lows and lower highs in parallel. The support level at $430 has been breached by TAO, and the bearish momentum has even broken the long-term support at $400, which has now turned into a resistance level. There is a possibility of TAO retesting this price mark in the near future. Both oscillators and moving averages strongly indicate a sell signal for TAO. However, for long-term Hodlers bullish on the AI sector, this downtrend could present an opportunity to buy the dip or hold onto their positions.
Short
by Mudrex
$TAO Bittensor Tao's Broadening WEdge... Still Retracing?GETTEX:TAO has done a 38% retracement from its all time height of over $760 Current price: $524 If Bittensor's price action continues to respect this broadening wedge, only two outcomes are possible: 1. #tao can continue its retracement to lower supports 479, 429 (perfect dip buying opportunities) Else 2. Tao will continue its ascent to higher prices retesting resistances at 578, 659, 752 and possible price discovery at 847, 950
by Ifiok-Trades
6
An upcoming "Sell the News" on Bittensor (TAO)?Bittensor ( BITGET:TAOUSDT ) was listed yesterday on Binance! A big wick marking a new ATH has been made, but beware, could this be a short-term "Sell the News"? For the moment, Perfect Cloud (BPC) remains in the green, in an uptrend, but its cloud is starting to look thin. In fact, TAO has never retested its Vegas Daily (blue cloud) of the Trend Identifier (BTI) since the start of its uptrend. If the price really needs to breathe, this would be an interesting area to take a trend-following position.
Short
by Blockunity