TAOUSDT trade ideas
BITTENSOR TAOUSDT: Looks Like It Will Pump Now?After doing a couple of research on Web3 projects that are solving problems in the AI industry, GATEIO:TAOUSDT looks like a symbol that is still on the journey of price discovery.
However, we are still going to DCA our long position to minimize risks.
The Risk-Reward ratio is not great, but it breakout from the down trend is probable.
What are your thouhgts on TAOUSDT? Let me know in the comment box.
If this analysis make sense to you, kindly follow me now and support my idea.
Cheers!
Tao Buy Trade. Here is My Study On TAO.
Welcome to my channel! Here you'll find daily technical analysis ofthe latest trends in the crypto market. From Bitcoin to altcoins, I'lIl be sharing my insights and predictions to help you make informed decisions
about your investments. Follow me for the latest updates and join the conversation in the comments!
Crypto technical analysis uses past price history to predict future price. It's not a guarantee and shouldn't be relied on solely for investment decisions. Consider other factors such as market trends, economic strength and
information dissemination. Use with caution.
This Is Not A Finacial Advise
TAUUSDT Long Major support and ready to achieve targetTAO an Ai narrative token has came to its major support. No need to explain as chart speaks for
itself.
Stochastic RSI has ticked upwards as mentioned on chart.
now it need momentum to achieve target 1 and 2
if you like it Please like and subscribe
TAOUSDT Bullish leg to $100.TAOUSDT is rising after a Bull Flag pattern formed in the middle of its 2 month Channel Up.
A similar Bull Flag was formed in May 16th-24th and started a +62% rebound.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 100.00 (+62% projection).
Tips:
1. The RSI (1d) is rebounding on its MA line, same as on May 24th which was the Bull Flag's bottom.
Please like, follow and comment!!
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!!