The monthly timeframe chart shows a clear M-pattern and a double-top formation, both strong bearish indicators. if this pattern plays out, we could see a significant drop, potentially testing the $100 level as the next major support.
What's your take?
Do you think
TAO will hold above $100, or will we see an even deeper drop?
Where do you see the true floor price forming?
Drop your thoughts below!
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
What's your take?
Do you think
TAO will hold above $100, or will we see an even deeper drop?Where do you see the true floor price forming?
Drop your thoughts below!
Please support this idea with a LIKE👍 if you find it useful🥳
Happy Trading💰🥳🤗
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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.
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.