$TAO Bittensor Tao's Rounded Top pattern...
Updated
TAO rose to a height of $397 and has recently retraced to form a rounded Top pattern.Current price: $225
The rounded top pattern is usually a bearish pattern and prices most likely will continue downwards 80% of the time! Supports 194, 156, 126 will be tested!
But There's a 20% chance that
TAO's retracement is complete and is ready for higher prices: Resistances: 271, 302, 336, 379, 430, 479
Comment
strong support around 219... if it continues to hold, expect lift off to higher resistances...Comment
We talked about the 219 level.... it has held! Higher Resistances in view! 271 hit!Comment
now at the 336 resistanceComment
379!Comment
Price action at a double Top! Taking profits!Comment
Still blazing 430!Trade closed: target reached
All targets reached
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