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TAOUSDT trade ideas

TAO ANALYSIS (4H)It seems we’ve completed a double correction, marking the end of wave A. At the point where we’ve placed the green arrow on the chart, it appears a bullish structure is taking shape. The pattern forming resembles a diametric, and we are currently within wave E of this structure. There’s potential for the price to be rejected downward from the red zone. If the daily candle closes above the invalidation level, it would negate this analysis. For effective risk management, make sure to set your stop loss and manage your capital accordingly. Feel free to drop any questions in the comments. Thank you!
Short
by lonelyPlayer0
5
#TAO/USDT Potential Rally Incoming!#TAO Price Update & Analysis TAO is rallying as expected. It broke above the resistance trendline, retested the 35 EMA, and has recently rebounded. - Breakout: Confirmed. - Retest: Confirmed. - Optimal Entry Range: $235 to $281 (Accumulated). The strategy will remain the same: - Accumulation: DCA every dip. - Stop-loss: Not placing one—accumulating for long-term holding over the next few months. - Key Profit Levels to Watch: - $389 - $477 - $550 - $675 - $743 Do your own research (DYOR). This is not financial advice. Thank you #PEACE #TAO #Crypto
Long
by Cryptorphic
#TAO/USDT 100% Up since our Entry!Next Target here!Profit Update for TAO/USDT 🚀🔥 To all my amazing followers, here's a quick update on our TAO/USDT trade! 🎯 📊 Entry Point: Around $217 with an average entry of $235 on July 02. 📈 Current Price: $473 (at the time of posting) 💰 Profit: That's a 101.28% increase based on the average entry! 🚀 The breakout is going as expected, and we've already doubled our investment! For those holding, keep an eye on the next key levels as we approach new highs. Am I selling? No! , I’ll add more in the dips.🙌 Next target: $777 For those who missed this one too, God help you! (👀 All-Time High in sight!) Stay tuned for more updates and trade safe! 💹 MARKETSCOM:BITCOIN Do hit the like button if you like it, I will be sharing more altcoins like this so do not forget to follow me! Thank you #PEACE
Long
by Cryptorphic
Potential Breakout on TAO/USDT: Key Levels and Entry Points Technical Analysis: 1. Support and Consolidation Zone: The price of TAO/USDT appears to have found support at the $230 level, halting the previous downtrend. This suggests that the market may be entering a consolidation phase with the potential for a reversal to the upside. The current consolidation zone is highlighted by the range between $230 and $370 , indicating a potential base for the price to gather momentum for an upward move. 2. Trend and Ribbon Indicators: The trend and ribbon indicators are showing positive signs in both the current timeframe and lower timeframes. This is a bullish signal, suggesting that momentum may be shifting in favor of the bulls. The ribbon is currently acting as dynamic support, indicating that as long as the price stays above it, the bullish bias remains intact. 3. Possible Entry Levels: Below the Average of the Consolidation Channel ($280): Entering below the midpoint of the consolidation zone around $280 could offer a favorable risk/reward ratio. This level provides a potential entry point if the price retraces slightly before continuing its upward trajectory. Near $230: Another potential entry point would be above $230 , confirming the support level's strength. This would provide a safer entry, waiting for the price to establish itself firmly in the consolidation zone. Retest of $370: Wait for a confirmed break of the $370 level and a subsequent retest as support. This would signal a change in structure and a more aggressive entry point in anticipation of a bullish breakout. 4. Multi-Timeframe Trend Analysis: The multi-timeframe analysis from the table shows: 1-hour (1H), 4-hour (4H), and 1-day (1D): All bullish, indicating short- to medium-term positive momentum. 1-week (1W): Currently bearish, suggesting that the longer-term trend has not yet fully reversed. However, the shorter timeframes suggest the potential for a reversal in the longer-term trend if momentum continues. 5. Potential Scenarios: Bullish Reversal: If the price continues to hold above $230 and breaks through the $370 resistance, it could signify the start of a bullish reversal. This would align with the positive momentum seen in the trend and ribbon indicators. Further Consolidation: If the price fails to break above $370 , it may continue to consolidate within the $230 to $370 range. This would provide traders with additional entry opportunities around the support and resistance levels. 6. Conclusion: TAO/USDT is currently in a consolidation zone, showing signs of a potential bullish reversal. The key support at $230 and the consolidation around $280 offer potential entry points, while a break above $370 could confirm the start of a new uptrend. The multi-timeframe analysis supports a bullish outlook in the short to medium term, but traders should watch for a confirmed break and retest of key levels for entry. What’s your approach to trading this consolidation? Share your strategies and thoughts on how to capitalize on the potential bullish reversal. _________________________________________________________________ The information and publications within the 3Commas TradingView account are not meant to be and do not constitute financial, investment, trading, or other types of advice or recommendations supplied or endorsed by 3Commas and any of the parties acting on behalf of 3Commas, including its employees, contractors, ambassadors, etc.
Long
by 3Commas
TAO ANALYSIS (12H)It looks like a completed double correction which was our wave A and where we put the green arrow on the chart it looks like a bullish pattern has started on the chart. The Boolean pattern appears to be a diametric. We are now in wave E of this diametric. From the red range, the price can be rejected downwards. Closing a daily candle above the invalidation level will violate this analysis and view. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
by behdark
#TAO/USDT 250%+ Potential Profit! Breaking Out!!#TAO : One of the Best-Looking Breakout Charts! With only 1 million in supply, this coin has the potential to serve as a well-balanced asset to complement your more volatile investments. - Breakout: Confirmed - Retest: Currently in progress - Optimal Entry Range: $235 to $281 (Accumulate) - Target: Potential 250% gains as the altcoin market rallies! - Key Profit Levels to Watch: - $389 - $477 - $550 - $675 - $743 Stop-loss: Not placing one—accumulating for long-term holding over the next few months. Note: Do your own research (DYOR). This is not financial advice. Want more setups for spot and futures? Follow me and like this post! Thank you #PEACE
Long
by Cryptorphic
2
TAO ANALYSIS🔮 #TAO Analysis  🚀🚀 💲💲 #TAO was trading in a Descending Broadening Wedge Pattern, and trying to breakout the pattern. Also there is an instant resistance zone and after the breakout of resistance zone and pattern we will see a bullish move. 📈📈 💸Current Price -- $327 📈Target Price   --  $640 ⁉️ What to do? - We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸 #TAO  #Cryptocurrency #Breakout #DYOR
Long
by ZEUS_Market_Alerts
Buy Trade Idea for TAODescription TAO is emerging as a promising cryptocurrency, offering unique advantages in the blockchain space. Here are the key fundamentals that support a potential buy trade for TAO: - **Blockchain Innovation:** TAO introduces novel solutions to enhance data security and scalability, making it a standout platform for decentralized applications and smart contracts. - **Decentralized Governance:** The TAO network incorporates a robust decentralized governance model, allowing token holders to actively participate in decision-making and protocol upgrades, fostering a strong community-driven ecosystem. - **Expanding Use Cases:** TAO is gaining traction in various sectors, including decentralized finance (DeFi), supply chain management, and intellectual property, enhancing its real-world utility and long-term growth potential. - **Strong Developer Support:** With a dedicated and growing developer community, TAO is continuously evolving, leading to regular platform improvements and increasing adoption. Given these solid fundamentals, TAO offers an intriguing opportunity for investors seeking to benefit from its innovative technology and growing adoption in the blockchain space. Disclaimer Trading and investing in cryptocurrencies involve significant risks and may result in substantial losses. This content is for informational purposes only and should not be construed as financial advice. Cryptocurrencies are highly volatile and influenced by various market factors. Conduct your own research, evaluate your risk tolerance, and consult with a financial advisor before making any investment decisions. Past performance does not guarantee future results, and market conditions can change rapidly.
Long
by MoonTradingForecast
TAO Update in a Daily TimeframeTAO is currently in a descending triangle pattern, forming a downtrend. After being rejected by the 100 EMA and the resistance trendline, TAO has dropped nearly 28% and is currently holding support at $260. If TAO fails to hold the primary support, it is expected to find support at $212, followed by a potential rebound. For a bullish rally, TAO must break out above the 100 EMA and the resistance trendline, either from the primary support or the lower support. Note: Be sure to conduct your own research and analysis before investing. Regards, Team Dexter. #Tao #Crypto
by Dexter_The_Trader
Alikze »» TAO | Retest the bottom of the ascending channel🔍 Technical analysis: Retest the bottom of the ascending channel - In the 4H time frame, after a price pump in the range of $162, it has been moving in an upward channel for some time. - In this ascending channel, after hitting the ceiling of the channel 3 times and not being able to break the range, it has faced selling pressure. - Currently, in the middle of the channel, after suffering for a while, it has again faced selling pressure. - According to the behavior and structure of this correction, it can extend to the area of ​​$278, which is in the range of the bottom of the channel. After that, it can have a retest to Fibo 1.618 and neck line, and then continue the correction to the $250 area. - In addition, if the $250 range is broken, the correction should continue until the origin of the downward movement. 💎 Alternative scenario: If in this ascending channel it can stabilize above the neckline after the pullback to the broken structure, there will be a retest to the top of the channel. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« MEXC:TAOUSDT
Short
by alikze
Bittensor | Deep TAAnother chart and for this one we have many signals to look at; much data. We have a resistance line. This is the thin black line that stopped Bittensor (TAOUSDT) from growing in December 2023. Before the pair was able to move higher, it had to make a small retrace. Needless to say, after the peak in March this level worked as support on the way down. There was some action around it before TAOUSDT moved lower to produce a double bottom and major low. We have a strong support line. This is the bold dark orange line at the bottom. It worked as support in early January 2024, leading to the bullish wave peak, so a strong support. After the correction, this level worked as support again. First in July and then again on the 5-Aug. crash. Notice that the 5-Aug. session produced a long lower wick but ended closing above it, green and with really high volume. This sends out a strong bullish signal. Current price action is sending prices back above the "resistance" level, the black thin line and this puts TAOUSDT on bullish grounds. The thing is that the situation is still active, resistance is being challenged now, not yet broken and thus anything goes; this is a decision point. Seeing the major correction, the strong positive reaction at support and the other altcoins, we can bet on the bulls winning and expect higher prices. This is based on the chart signals. The not so funny thing is that when the market conditions change, all these signals become useless. Say everything turns tomorrow and thus the strong bounce at support becomes irrelevant because price action rules all. Anyway, there is a bullish bias on this chart. If there is a drop, support is sure to be found at the dark orange line. Depending on how this level is handled we can consider the next move. This is a mixed bag. I would personally go for the ones trading lower or approach this with a well thought out plan. Namaste.
by AlanSantana
6
Bittensor CUP and Handle Update:Hallo ladies and gents. Skipping the bullshit, this is only an update to my previous TA. MEXC:TAOUSDT 1 Day Time-frame: seems to have broken out of the Triangle to the upside. The price has not only broken the triangle, but it also broke the 100 MA on the Daily Timeframe. The price is closing in green after 6 Green days again. This is significant and a very bullish pattern. It is also repeated previously if you take a look at its past price-movement. Zooming in on MEXC:TAOUSDT 4HR Timeframe to see what's going on on the short term: The previous week the price has also broken the Downtrend Channel to the upside: The 100 and 200 Moving Averages are forming a Bullish Golden Cross. Zooming out you can see that the Cup and Handle still holds up, even if it has a few invalidations here and there. Short-term target is the 200 MA on the 1D which places the potential price of MEXC:TAOUSDT at $434/TAO. I'm looking for even higher targets once the Golden Cross happens on the 1D. It will then turn ballistic and trade to ATH and possibly beyond short term. Bought the dips so far and now reap the greens :D Taking a look at a worst case scenario: The price could revisit the lowest Order Blocks if anything out of the ordinary happens. Always be wary of the possibility, so when and if it arrives - you're prepared better. Always expect possible downtrend in Crypto, even if all looks bullish. Thank you for reading, let me know your thoughts by sharing them. Do you see anything else going on?
Long
by tradingraider