$Tao's Falling Wedge... Resistance/Support Flip?
#TAO price action current in a falling wedge...
All time high $795
Tao Bittensor has retraced almost 60% from it's all time high to it current price of $375 forming a double bottom - Previous Resistance is now support!
Expect test of past resistances!
Up resistances: 479, 578, 659, 752 then 847, 938, 1070.
Invalidation under 340 support!
Supports under $340: 285, 224.
All time high $795
Tao Bittensor has retraced almost 60% from it's all time high to it current price of $375 forming a double bottom - Previous Resistance is now support!
Expect test of past resistances!
Up resistances: 479, 578, 659, 752 then 847, 938, 1070.
Invalidation under 340 support!
Supports under $340: 285, 224.
Note
TAO breaking out!Note
479!Note
TAO forming an inverse head and shoulder pattern as price retests previous resistance/now support around 370!Note
invalidated!Note
Long found invalidatiion under $340Now approaching 285 support, Current Price: 298!
Note
price action btw 228 - 285 is a remarkable buy the dip area!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.