TAO longTAO bounced off the bullish trendline and the support level. Bullish movement is expected to continue and reach the resistance level at $706Longby Cryptobees_buzz6
TAO fractals for Q2Tao looks like what RNDR did in 23-Q2. Max bid around 250 to 275$ whenever it comes.Shortby nagunkns134
AI Meets CryptoLast week OpenAI CEO Sam Altman expressed his desire to raise $7 trillion or 3.5 times the total crypto market capital to fund chip design and manufacture to meet increasing demand for artificial intelligence (AI) technology. This investment is so large that it has inspired participants to think more in terms of exponential growth. Why are we talking about this in a Crypto-focused newsletter? Because crypto traders understand exponential growth well. Also, because the Crypto-AI narrative has taken off. Prices of AI coins in the last few weeks have reflected this trend. Bittensor's TAO token, depicted on the chart above, has grown exponentially since December. According to CoinGecko however, AI tokens have a market cap total of only $16 billion, which is less than 1% the total crypto market cap. Meme tokens are worth $23 billion. Crypto and AI have been the two most talked about technologies in the last five years. Given the growing adoption, it makes sense that they would overlap. But many believe that the two technologies are fundamentally opposed to each other. Crypto facilitates decentralization. While AI thrives on and enables centralization through the models it is based on. The intersection is where Blockchain technology could power decentralized AI models. Crypto rewards participation through financial incentives. Crypto's incentive structure can encourage decentralization of AI by rewarding balanced and diverse data sources. It could also help keep control over AI out of the hands of big tech. Bittensor wants to accomplish this by creating a network of machine-intelligence. These networks have the ability to share and communicate information while assessing and ranking other network participants. Crypto is the ultimate playground for economic experimentation and game theory. It can also serve as a financial engine for machine-to-machine transactions without reliance on trusted, centralized actors. It only makes sense then that AI would fit into the Crypto narrative. From a markets point of view, it clearly seems like this narrative is starting to take off. Watch this space.Longby Coinrule0
TAO Unlocking Potential: The Perfect Entry Point for Profits 💰## Bittensor (TAO) Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Purpose:** Bittensor is an open-source protocol powering a decentralized, blockchain-based machine learning network. * **Technology:** Utilizes federated learning, allowing models to train collaboratively without sharing complete data. * **Token:** TAO serves as the network's utility token, rewarding contributors based on the informational value they offer. * **Market Cap:** Approximately $3.8 billion (as of February 22, 2024), ranking #26 on CoinGecko. * **Circulating Supply:** 6.3 million tokens. **Recent News:** * **February 21st:** Bittensor announces integration with Chainlink oracles, enabling secure access to real-world data for training models. * **February 15th:** Partnership with AI company SingularityNET to foster collaboration and development within the decentralized AI space. * **February 10th:** TAO listed on major cryptocurrency exchange Huobi Global, increasing accessibility and liquidity. **Disclaimer:** * This information is for informational purposes only and should not be considered financial advice. * Cryptocurrency investments are highly volatile and carry significant risks. * Thorough research and due diligence are crucial before making any investment decisions. **Additional Notes:** * The price of TAO has seen significant growth in recent months, reaching an all-time high of $2,223 in January 2024. * However, the market is currently experiencing a correction, and TAO's price has fallen accordingly. * The long-term potential of Bittensor and TAO depends on the continued adoption and development of its decentralized machine learning platform. I hope this summary is helpful! Please remember that investing in any cryptocurrency carries inherent risks, and you should always do your own research before making any investment decisions. Longby MoonTradingForecast3
TAOUSDT Will reach $1000 + this year!I have been a TAO investor since $60 and I refuse to sell till $3000 we will see an AI narative like no other strap your helmets on ladies and gentlemen we my friends are going to the moon.Longby HypeManAlex3
$TAO continuation legGoing by the last move up on GETTEX:TAO after the first impulse in the 2-2.618 it retraced about 20% before going for a second run. 5.618 extension gets it to 1325 by the end of March. If that happens or not I have my bags and not selling until 2025 and beyond.Longby OvidiuPublius2
Bittensor $TAO #AI Burrish! 📈 Send me harder! FWB:TAO targeting $473.59 into 1ST QT of 2024. Most of supply is locked up, will be a fast mover.Longby BandIT369Updated 442
TAO X25 PROJECT POTENTIAL 2025tao x25 project potential 2025 fib ext buy orders ,take profit levels dyor not faLongby MillionaireXOfficial228
TAO $218 a Decentralized Ai Jacob Steeves is the CEO and co-founder of Bittensor. He has a background in machine learning research and founded Bittensor to decentralize AI. He also worked for Google for a few years.by OsangUpdated 6
TAO Scalp setupAfter the awesome trade on MYRO, i am trying the same setup on TAO. Bullish momentum, i am waiting the price to reach the support zone at 600.9 before placing a long order. Tight stop below support as invalidation, targeting nex resistance area at 658Longby SaliJournal0
TAO is return YING!TAO i making all time highs riding an amazing up trend, breaking the channel zone at 375$ Possible potential targets at 760$ and a psychological barrier around 1000. We need to see what's next because it's seem the beginning of something long term which can give us satisfactions... Good tradingLongby EdoardoTelveUpdated 5
TAO expects a correctionwave 5 iscompleted in TAO . A correction is expected for TAOLongby sumit_aryal1
Perfect play on TAOWe made a perfect entry and a perfect exit on TAO. Just touched the tp and then pumped. Unfortunately i hasn't placed a buy limit order, but i am entering long now targeting next resistance at 590, stoploss below liquidity area, let's see if we can ride the waveLongby SaliJournal115
We was right again! TAONice play on TAO, it's dropped nicely from our entry. I am fully out from my short entry and i am now waiting to place a long order. It's approaching support and the main trend is bullish, so i just want to see a bullish signal to reverse into a long position targeting new highsby SaliJournal110
TAO Entry zoneBittensor is strong, but i will not enter at top. It's dangerous and the fomo is never good. I think we are going to reverse soon, 520 is a strong resistance and reversal zone. If we start to reverse now, a good entry point will be around 390/400, claiming for new highsShortby SaliJournal6
$TAO Bittensor Tao's Rounded Top pattern...FWB:TAO rose to a height of $397 and has recently retraced to form a rounded Top pattern. Current price: $225 The rounded top pattern is usually a bearish pattern and prices most likely will continue downwards 80% of the time! Supports 194, 156, 126 will be tested! But There's a 20% chance that FWB:TAO 's retracement is complete and is ready for higher prices: Resistances: 271, 302, 336, 379, 430, 479 Longby Ifiok-2sydesUpdated 2215
My Bullish Take on Bitensor's $TAO and the AI-Blockchain FrontieTracking the chart for Bitensor's FWB:TAO token, I feel bullish . The pattern feels like a classic example of strength in a market that's breathing in after a significant run-up. This pullback, characterized by a series of higher lows connected by a 7-point downtrend line, has now been decisively broken to the upside. The break above this line, supported by an uptick in volume, signals a potential reversal that could resume the prior uptrend. The RSI is comfortably positioned mid-range, avoiding the extremes that often signal overbought or oversold conditions. It's this equilibrium that speaks to me of a market gathering momentum, poised for movement. The Money Flow Index echoes this sentiment, balancing out around the 50 mark, an indicator that buying and selling pressures are in a state of equilibrium. But what I really like about FWB:TAO isn't just the chart; it's the narrative behind the token. Bitensor is weaving AI into the fabric of blockchain, creating a synergy that could potentially change the landscape. Their focus on decentralized AI and the secure sharing of data resonates with the current digital zeitgeist, where data privacy and innovation are paramount. I'm watching FWB:TAO closely, not just for its upside potential but as a front-row seat to decentralized AI era in tech. Of course for any of this to work we need to see the market continue to the upside. Everything is invalidated in the short to medium term if we nuke.Longby mikeraysUpdated 114
Buying $TAO Retrace with Fibonacci LevelsKUCOIN:TAOUSDT had an incredible move up last month, nearly 2x from the mid-300s to a high of $480. We've hit a short term high, and seem to be in a consolidation phase. How low will this go? Well, if we look at the Fib Retracement levels from the start of this run up to the recent high, we can identify three likely entry points: $385 $360 $315 If you want to invest in Bittensor's innovative AI technology, you can buy at market price right now; or, you can set limit orders for the levels above, to DCA into your position. Just keep in mind, the price may not reach these lows, and could turn bullish again at any monent. If/when Binance lists this token, or Coinbase finally changes its flawed ranking on it, or a major tech company announces a partnership, this token could moon. 🚀Longby tokentradertv110
my thoughts on TAOavg entry TAO $238 Thoughts? 1/2 - on Daily, looks like consolidation, trying to break ATHs. If we cool down we might test prev ath as support, then continue. - on 4h, big bearish divergence which indecates down could be the next move. Although could be invalidated if RSI makes HH. IF .. THEN - IF we continue higher, my first sell target would be 575$ - IF this was the move, then retrace to at least prev ATH, preferable 0.5-0.618 for buying.by MrRik0
My view on TAOavg entry TAO $238 Thoughts? 1/2 - on Daily, looks like consolidation, maybe test prev ath as support, then continue. - on 4h, big bearish divergence which indecates down could be the next move. . IF .. THEN - IF we continue higher, sell target of 575$ - IF this was the move, then retrace to at least prev ATH, preferable 0.5-0.618 for buying.by MrRik1
Bittensor TAO Coin Price Prediction🔥 Price on the 4H chart might come at these support area and we might get a potential bounce🔥 Potential bounce areas for Buying 383.83 and 0.3516 👉 Follow me for More Real Time Opportunities. Share your Thoughts if you have any?Longby SuperTradeish111
TAO longA correction to major bullish trend stopped around Fibonacci 0.5 level. A continuation of ascending trend to 1 Fibonacci level is expected to happen.Longby Cryptobees_buzz1
TAO longA correction to major bullish trend stopped around Fibonacci 0.5 level. A continuation of ascending trend to 1 Fibonacci level is expected to happen.Longby Cryptobees_buzz0