TAOUSD Breakout and Retest Confirms Bullish StructureTAOUSD has shown strong bullish potential after breakout of two key patterns. The first pattern was a wedge, which formed between May and September 2024. This pattern is typically a bullish reversal signal, and as expected, the breakout led to a strong rally. After reaching new highs, the price then
Key stats
About TAO
Trading signal : BITTENSOR ($TAO) - 1D - FALLING WEDGETechnical Analysis:
The price is trading within a Falling Wedge pattern, a formation that typically leads to a bullish breakout. However, confirmation is needed. A breakout above the upper trendline could trigger a rally toward $575 resistance, while a bearish breakdown may lead to further downside
TAOUSD: Bulls Gearing Up or Bears Sneaking In
BINANCE:TAOUSD recently rebounded from the $353 level, a historically significant reaction zone. This level has acted as a pivot for price action, and the recent rebound signals a potential shift in momentum. A breakout above the descending trendline, combined with a candle close beyond the previ
TAO/USD SHORT. WAITING FOR BUY OPPORTUNITY AT 220 in FEB TAO: Waiting for the opportunity for the right shoulder to close. As of December 18, we are at a price of approximately 500 TAO/USD, and we are anticipating a buying price in the range of 215 TAO/USD. There is a clear and perfect head and shoulders pattern on the weekly chart that is expected by Feb
TAO USD breakdown confirmed. Bad days ahead for BittensorKey support line broken for TAO and onward movement has a lot of thin air from prior rapid price up movement. Good opportunity to short TAO. The only thing that could invalidate it would be big buy-in by whales. If that fails to happen, TAO is likely awaiting a big downward move for the foreseeable
TAOUSD Technical Analysis Buy Entry BINANCE:TAOUSD
Buy Entry executed on daily chart.
Note: Green Yellow Candle. It is Buy Signal triggered on daily candle close. Following candle is confirmation candle. As it broke the high of Green Yellow Candle enter long with stop loss. Use trailing stop loss to manage your position.
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of TAO (TAO) is 236.842679 USD — it has fallen −0.21% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing TAO price chart.
The current market capitalization of TAO (TAO) is 2.04 B USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
TAO (TAO) trading volume in 24 hours is 87.68 M USD. See how often other coins are traded in this list.
TAO price has risen by 15.43% over the last week, its month performance shows a −8.40% decrease, and as for the last year, TAO has decreased by −59.44%. See more dynamics on TAO price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
TAO (TAO) reached its highest price on Apr 11, 2024 — it amounted to 1,557.289679 USD. Find more insights on the TAO price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
TAO (TAO) reached the lowest price of 164.054874 USD on Aug 5, 2024. View more TAO dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of TAO (TAO) is 8.59 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
TAO has the limit of 21.00 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying TAO is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade TAO right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for TAO (TAO): today its technical analysis shows the neutral signal, and according to the 1 week rating TAO shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's neutral. Find inspiration in TAO trading ideas and keep track of what's moving crypto markets with our crypto news feed.
TAO (TAO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, TAO is estimated as 3.53% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about TAO, you can find more inspiration in our curated watchlists.
You can discuss TAO (TAO) with other users in our public chats, Minds or in the comments to Ideas.