$TAO Bittensor Tao's Broadening Wedge...FWB:TAO Tao's Price action retraced from a high of about $380 and is currently Consolidating for it's next move forming a Broadening Wedge!
Current Price: $272
a break below the wedge will find supports 219
Else price action will ascend to resistances: 302, 336, 379 and possible price discovery at 430, 480.
Taousdttrading
TAOUSDT Buy upon a pull back or a break out.TAOUSDT is on a mini parabolic rally that is headed to Resistance (1) at 75.00.
The break out is a buy entry but can very well give a short term pull back first like in late May.
Trading Plan:
1. Buy if Resistance (1) breaks.
2. Buy any pull back to 60.00 as long as the MA50 (1d) doesn't break.
Targets:
1. 94.00 (Resistance 2 and top of Channel Up).
2. 75.00 (Resistance 1).
Tips:
1. The RSI (1d) is 5 days after the formation of a bullish cross. An additional buy signal.
Please like, follow and comment!!