Bittensor ($TAO) Analysi
Bittensor, one of the top projects in the AI & DePIN sectors, is currently accumulating above the key zone while still trading below the ATH resistance ๐ง
Trend: Bullish reversal in sight
Accumulation: Price is currently at the lower trendline of the falling wedge, indicating a strong buying opportunity.
๐ Best strategy? This is a good opportunity to load a bag of GETTEX:TAO at the current levels!
In the worst-case scenario, I will average my position below the key zone ๐
Price Targets ๐ฏ
โ
Target 1: $736.7
โ
Target 2: $1,012.9
๐ A breakout above key resistance could fuel a strong rally to four-digit levels!
TAOUSDT trade ideas
$200 is Key!The $200 level has been a classic support so far, and since January 2024, it has always been the Tao's launchpad. If this level is maintained, we can have a corrective wave towards $350, and if the descending channel is broken, $450 will be accessible. If the $200 level is lost, the first target will be $145, and we will see a 50% fall!
TAO - One for the long term I have entered long here,
It's currently holding $100 as a major support. As you can see it retested this level over 6 times and has bounced each of those times.
What the team are building is amazing, I'm a long term holding of GETTEX:TAO and I can honestly see $1k/$2k going into the future.
Are you holding?
TAO ANALYSIS๐ฎ #TAO Analysis - Breakout ๐๐
๐ฒ๐ฒ In daily time-frame,Falling Wedge Pattern is forming and a good breakout is done. And a small retest is done, now we would see a good reversal move in #TAO โ
๐ฏ๐
๐ธCurrent Price -- $249
๐Target Priceย ย --ย $305
ย โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐๐ธ
#TAOย #Cryptocurrency #Breakout #DYOR
TAOUSDT UPDATETAOUSDT is a cryptocurrency trading at $263.8. Its target price is $360.0, indicating a potential 45%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about TAOUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. TAOUSDT is poised for a potential breakout and substantial gains.
TAO/USDT โ 30-Min Short Trade Setup!๐ ๐๐จ
๐น Asset: TAO/USDT (Bittensor / Tether)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ
Entry Zone: Below 266.42 (Breakdown Confirmation)
โ
Stop-Loss (SL): Above 268.19 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 262.46 (First Support Level)
๐ TP2: 257.81 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 268.19 - 266.42 = 1.77 risk per unit
๐ Reward to TP1: 266.42 - 262.46 = 3.96 (1:2.23 R/R)
๐ Reward to TP2: 266.42 - 257.81 = 8.61 (1:4.86 R/R)
๐ Technical Analysis & Strategy
๐ Bearish Falling Wedge Breakdown: Price is breaking below a key trendline support, confirming a downside move.
๐ Resistance Confirmation: Strong resistance at 268.19, acting as a rejection zone.
๐ Volume Confirmation Needed: Watch for rising sell volume below 266.42 to confirm momentum.
๐ Momentum Shift Expected: Breaking below 266.42 could push price toward 262.46, with a further drop to 257.81.
๐ Key Resistance & Support Levels
๐ด 268.19 โ Stop-Loss / Resistance Level
๐ก 266.42 โ Breakdown Level / Short Entry
โช 262.46 โ First Support / TP1
๐ข 257.81 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong selling pressure below 266.42 before entering.
๐ Trailing Stop Strategy: Move SL to entry (266.42) after TP1 (262.46) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 262.46, let the rest run toward 257.81.
โ Adjust Stop-Loss to Break-even (266.42) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price reclaims 266.42, exit early to avoid a false breakdown.
โ Wait for a strong bearish candle close before entering aggressively.
๐ Final Thoughts
โ Bearish Setup โ Breakdown below 266.42 signals potential downside.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:4.86 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#TAO #CryptoTrading ๐ #TAOUSDT ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Crypto ๐ #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #CryptoSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #CryptoAlerts ๐ #TradeSmart ๐ค #Bearish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakdown ๐จ
@vibes12
TAO - Extremely Bullishone of the few coins which are about to go in sub-wave 3 of macro-wave 3
haven't bought this one yet but might rotate a few weak positions to this if the structure holds
no idea what's going to happen to AI tokens (haven't looked into things yet, no time on hand) - sharing this purely based on TA
TAO/USDTBittensor ( BYBIT:TAOUSDT.P ) is a decentralized network that merges blockchain technology with AI, enabling a peer-to-peer marketplace for machine learning models. Launched in 2021, TAO has quickly gained traction for its innovative approach. The project operates with a capped supply, ensuring transparency and fair distribution of rewards. As of now, TAO trades at approximately $319, with a market capitalization of $4.09 billion and a circulating supply of 7.38 million tokens.
Bittensor (TAO) is currently trading within a downward channel. Before any potential upward movement, a retest of the $300 level is likely. Once the price reclaims the range, the next target stands at $420, where an unchecked VWAP awaits. The following key technical level is positioned at $520. In green higlited areas are untested VWAP.
On the bottom of chart you see super Q indicator.
Description
ZenAlgo - Q is an oscillator based on the QQE (Quantitative Qualitative Estimation) method. This version incorporates refinements for additional visualization and interpretation options. It is designed to help traders observe momentum changes and divergence patterns in price movements.
TAOUSDT LONG 1H (2Target Done! Congratulation)An excellent situation from the trading plan.
The second goal has been achieved and the stop is at breakeven.
I would like to emphasize that the $320-322 block (break block) confirmed the retention level. You can move the stop order to this level and calmly wait for new variables from the market
UPdate:
1-st target:
TAOUSDT LONG 1H (1st Target Done! Congratulation)In this position, the first target from the update has been achieved. The stop order is moved to breakeven and new variables are expected to arrive from the market.
Initial review:
Update:https://www.tradingview.com/chart/TAOUSDT/tLc5vyIX-TAOUSDT-LONG-1H-Update/
TAOUSDT LONG 1H (Update)The position opened perfectly, as expected from the trading plan:
In connection with the resulting market variable in the form of the hh structure, I change the first target and move the stop a little higher.
Critical level 321.95 - 322.00$
If it is tested again and is not held, I will close the position at breakeven. The market is manipulative, you need to carefully evaluate its entire structure.
UniversOfSignals | TAO, an AI-focused cryptocurrency currentlyLet's take a quick look at TAO, an AI-focused cryptocurrency currently with a market cap of $138 million, ranked 36th in the coin market cap.
๐ฅธ In the 4-hour timeframe, we are observing a descending range pattern with significant resistance at the area around 477. Every time the price attempts to rise, it gets rejected from this level. Recently, the support at 345.9 was broken, and the price has dropped to a lower level, reaching the support at 306.9.
โญ The RSI oscillator has exited the oversell zone after completing a bearish leg and has returned to the normal range. The market volume appears to be decreasing, which is common on weekends.
๐ฏ If the support at 306.9 breaks and the RSI enters the oversell zone again, we could witness the next bearish leg down to the support at 265.2. If the price ranges today and tomorrow while the market volume is low and then breaks this support at the start of the new week, this breakdown would be more credible.
๐ As for long positions or buying, we need to wait until this bearish momentum exits the market and the price establishes a new structure. Therefore, I cannot provide a specific trigger for long positions at the moment.
TAOUSDT LONG 1HLocal signs of a price reversal are forming on the TAO coin , which opens up new opportunities for finding good long entry points.
I'm waiting for confirmation of the POI block with the subsequent reaction of purchases. If the variables are positive, I will open a Long position with the following targets:
$342.50
$360.00
$392.30
Risk management - 1% on stop order