TAO RectangleBITGET:TAOUSDT has been trading in a well-defined rectangle for the last 16 months.
Key Levels
• $195 - Support, with demand zone extending to ~$260
• $470 - Midline, S/R band extending between $460-$490
• $745 - Resistance, with supply zone extending to $640
Despite a recent fakeout to the dow
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 tre
TAOUSDT UPDATETAOUSDT is a cryptocurrency trading at $231.9, with a target price of $360.0. This represents a potential gain of over 60%. The technical pattern observed is a Bullish Falling Wedge, indicating a possible trend reversal. This pattern suggests that the downward trend may be coming to an end. A breako
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 lev
$TAO Limit Long SetupLooking for a potential bounce play on TAO. Price action shows a clear deviation below support followed by a strong recovery. Currently eyeing a retest of the demand zone around 195, where I’ve placed a limit long entry.
Entry: 195
TP: 270
SL: 160
Expecting a bit of chop in the mid-zone before con
Strong Long-term Trendline Support!The long-term upward trend line has been able to prevent the Tao from falling further. In addition, the bottom of the downward channel is its other support. If this level is maintained (~$200), it has a chance to pump to $355, and if this important support breaks, it will fall to at least $113 , and
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...
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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.
Related pairs
Frequently Asked Questions
The current price of TAO / TetherUS (TAO) is 248.0 USDT — it has risen 0.74% 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.
TAO / TetherUS price has risen by 0.74% over the last week, its month performance shows a −9.06% decrease, and as for the last year, TAO / TetherUS has decreased by −50.49%. 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 / TetherUS (TAO) reached its highest price on Apr 11, 2024 — it amounted to 1,249.0 USDT. 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 / TetherUS (TAO) reached the lowest price of 163.7 USDT on Aug 5, 2024. View more TAO / TetherUS 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 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 / TetherUS (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 / TetherUS trading ideas and keep track of what's moving crypto markets with our crypto news feed.
TAO / TetherUS (TAO) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, TAO / TetherUS is estimated as 9.91% 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 / TetherUS, you can find more inspiration in our curated watchlists.
You can discuss TAO / TetherUS (TAO) with other users in our public chats, Minds or in the comments to Ideas.