#TAO/USDT
#TAO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, this support is at 326.
We have a downtrend on the RSI indicator that is about to be broken and retested, which supports the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 330
First target: 338
Second target: 347
Third target: 358
Taousdlong
#TAO/USDT#TAO
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 418
Entry price 440
First target 452
Second target 472
Third target 490
#TAO/USDT Ready to go up#TAO
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 638
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 651
First target 661
Second target 673
Third target 686
$TAOUSDT Pumping with Volume!! New All-Time High in Sight!BINANCE:TAOUSDT is showing strong bullish momentum, with a recent pump backed by good volume, suggesting potential for a big move ahead. After a healthy correction, GETTEX:TAO has resumed its upward trend, aiming for new all-time highs in the near future. With momentum picking up, this setup could present a solid opportunity, but it’s crucial to manage risk carefully. Always set a stop loss to protect gains and limit downside exposure in case of a reversal. Let’s see how far GETTEX:TAO can go!
Currently trading at $540
Buy level: Above $520
Stop loss: Below $435
TP1: $650
TP2: $800
TP3: $1000
TP4: $1250
Max Leverage 3x
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts