The chart for TAO appears to be forming an inverted Head and Shoulders (H&S) pattern, which is widely recognized as a bullish reversal signal in technical analysis.
This pattern often indicates a potential shift in market sentiment, suggesting that the asset may be preparing for an upward breakout.
This pattern often indicates a potential shift in market sentiment, suggesting that the asset may be preparing for an upward breakout.
Trade active
alternative pullback
5-3-5 ABC
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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.