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TAOUSDT

TAO/USDT – Bullish Reversal Setup Taking Shape#TAOUSDT is showing early signs of a potential trend reversal following a prolonged downtrend. Price has recently rebounded from a key major support zone between $164 and $192, where a bullish divergence with the RSI has emerged—indicating a possible shift in momentum. A well-defined descending trendline has been acting as dynamic resistance since the November 2024 high. Currently, price is approaching a critical resistance level around $284.7. A confirmed breakout above this area would be a strong signal that the market structure is beginning to shift in favor of the bulls. If price breaks and holds above this resistance, the next upside targets are: $468 $480 $495.9, in line with previous supply zones and structural highs. Momentum is also improving, with RSI crossing back above the 50 level, supporting the bullish case. However, a clean breakout with sustained volume will be key to validating this setup. Levels to Watch: Support: $192.8 and $164.1 Resistance: $284.7, followed by $468–$495.9 Until we see a confirmed breakout, caution is warranted. Failure to clear the trendline may lead to another retest of support. Summary: #TAO is setting up for a potential bullish reversal, but confirmation above $284.7 is critical. A move beyond that level could open the door for a significant upside continuation. As always, manage risk accordingly and wait for confirmation.
by ijaz_crypto
TAO Analysis (1D)TAO appears to be forming a new corrective pattern from the point where we placed the red arrow, with its wave C potentially completing within the green box. We are looking for buy/long positions in the green zone. Targets are marked on the chart. A daily candle closing below the invalidation level will invalidate this analysis. invalidation level = 150$ For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
TAO What will happen in the future?As you can see, the price has now formed an ascending wedge , which is promising. The price could rise to $280 after breaking this wedge... Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Is TAOUSDT About to Dump Hard? Yello, Paradisers! Are you paying close attention to this subtle shift on TAOUSDT? Because what we’re seeing right now could easily trap late bulls before the real drop even begins… 💎TAOUSDT is currently displaying clear signs of a potential bearish reversal. We’ve observed a bearish Change of Character (CHoCH) developing from the 1H Fair Value Gap (FVG), which is a strong early indication of weakening bullish momentum. To add to this, price has also broken down below the 50 EMA, a technical signal that increases the probability of further downside movement. When both of these elements align, it’s often a precursor to a more significant pullback. 💎If TAOUSDT revisits the recent Fair Value Gap, the trade setup becomes even more attractive, offering a stronger risk-to-reward ratio. That would be the optimal level for entry. However, even from current price levels, the trade still offers a 1:1 risk-to-reward opportunity. While not ideal, it remains viable for more aggressive traders. 💎That said, the entire bearish setup becomes invalid if the price breaks out and closes a candle above the current resistance zone. In such a scenario, it would be wise to step back and wait for more reliable price action to develop before making any further decisions. Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler. MyCryptoParadise iFeel the success🌴
Short
by MyCryptoParadise
4
TAO in coming days ...Currently, TAO is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD). However, it is crucial to wait for the triangle to break before taking any action. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
Another $TAO Bittensor tao's Falliing Wedge-Major support RetestGETTEX:TAO Tao Bittensor has formed yet another Falling Wedge Current price: $243 For everytime #Tao has formed these falling wedges with Key support around 224, It has been accompanied by an explosive move upwards. #Tao has also lost over 70% of it's value from an all time high of 795. So it is low risk. Expecting retest of these supports: 370, 578 This idea Invalidation under 224! More Extensive Analysis: This chart is showing the price action of GETTEX:TAO (Bittensor) against USDT on a weekly timeframe, traded. Here’s a more extensive analysis based on the provided chart: 1. Falling Wedge Pattern - The chart highlights a falling wedge pattern, characterized by converging downward-sloping trendlines. - Falling wedges are typically bullish reversal patterns, meaning a potential breakout to the upside could occur. - The previous falling wedge led to a strong rally, suggesting a similar scenario might unfold. 2. Current Price & Key Levels Current Price: $243 Support Levels: Most recent low $224 Resistance Levels: $260 - $285** (near-term resistance) $370 - $380 (tp1 - Take Profit 1)** $578 - $600 (tp2 - Take Profit 2)** $794 (long-term resistance)** 3. Key Takeaways & Trade Outlook* - If the price breaks out above the falling wedge, a bullish move toward $370+ is possible. - If the price breaks down further, the next major support is around $224. - Traders might look for **confirmation** of the breakout before entering long positions.
Long
by Ifiok-2sydes
1
KAVAUSDT UPDATEKAVAUSDT is a cryptocurrency trading at $0.4711. Its target price is $0.7500, indicating a potential 70%+ gain. The pattern is a Bullish Falling Wedge, a reversal pattern signaling a trend change. This pattern suggests the downward trend may be ending. A breakout from the wedge could lead to a strong upward move. The Bullish Falling Wedge is a positive signal, indicating a potential price surge. Investors are optimistic about KAVAUSDT's future performance. The current price may be a buying opportunity. Reaching the target price would result in significant returns. KAVAUSDT is poised for a potential breakout and substantial gains.
Long
by CryptoWithJames
#TAO/USDTThe 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 experiencing a rebound from the lower boundary of the descending channel, which is support at 213. #TAO We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are heading for stability above the 100 moving average. Entry price: 262 First target: 294 Second target: 319 Third target: 354
Long
by CryptoAnalystSignal
UniversOfSignals | TAO, an AI-focused cryptocurrency currentlyLet's take a quick look at TAO, an AI-focused cryptocurrency currently with a market cap of $138 million, ranked 36th in the coin market cap. 🥸 In the 4-hour timeframe, we are observing a descending range pattern with significant resistance at the area around 477. Every time the price attempts to rise, it gets rejected from this level. Recently, the support at 345.9 was broken, and the price has dropped to a lower level, reaching the support at 306.9. ⭐ The RSI oscillator has exited the oversell zone after completing a bearish leg and has returned to the normal range. The market volume appears to be decreasing, which is common on weekends. 🕯 If the support at 306.9 breaks and the RSI enters the oversell zone again, we could witness the next bearish leg down to the support at 265.2. If the price ranges today and tomorrow while the market volume is low and then breaks this support at the start of the new week, this breakdown would be more credible. 📈 As for long positions or buying, we need to wait until this bearish momentum exits the market and the price establishes a new structure. Therefore, I cannot provide a specific trigger for long positions at the moment.
by UNIVERSOFSIGNALS
1
#TAOUSDT – Fast Trade, Monitoring Price Action📉 SHORT BYBIT:TAOUSDT.P from $340.00 🛡 Stop Loss: $354.55 ⏱ 1H Timeframe ⚡ Trade Plan: ✅ The BYBIT:TAOUSDT.P price is forming a downtrend after breaking a Falling Wedge pattern. ✅ The asset is trading below POC (Point of Control) at $363.85, confirming seller dominance. ✅ After forming a double bottom (Bottom 1 & Bottom 2), the price tested resistance but failed to hold above it. 🎯 TP Targets: 💎 TP 1: $334.00 🔥 TP 2: $328.00 ⚡ TP 3: $321.00 📢 This is a fast trade – it's crucial to monitor the coin's behavior and quickly adjust take-profits. 📢 A close below $340.00 would confirm further downside movement. 📢 POC at $363.85 is a key volume area where sellers are in control. 📢 Increasing volume on the drop supports the bearish outlook. 📢 Taking partial profits at TP1 ($334.00) is a smart risk-management strategy. 🚨 BYBIT:TAOUSDT.P remains in a downtrend – monitoring for confirmation and securing profits at TP levels!
Short
by MoriartyTrading