TAOUSDT Strong buy signal above the 1D MA50
Bittensor (TAOUSDT) has been trading within a Channel Up pattern since November 20 2023. Both of its Higher Lows have been formed on the 1D MA100 (green trend-line) with the latest being on March 30.
Today the price broke above the 1D MA50 (blue trend-line) for the first time in 2 weeks (since March 26). If the candle closes above it, we expect that to be the start of the new Bullish Leg to a Higher High, similar to the January 24 break-out. Our target is 1800 (+295.98% from the Low, similar to the previous Bullish Leg).
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Today the price broke above the 1D MA50 (blue trend-line) for the first time in 2 weeks (since March 26). If the candle closes above it, we expect that to be the start of the new Bullish Leg to a Higher High, similar to the January 24 break-out. Our target is 1800 (+295.98% from the Low, similar to the previous Bullish Leg).
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
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