The long-term upward trend line has been able to prevent the Tao from falling further. In addition, the bottom of the downward channel is its other support. If this level is maintained (~$200), it has a chance to pump to $355, and if this important support breaks, it will fall to at least $113 , and there, we shall look for reversal patterns.
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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.