TAOUSDT trade ideas
TAO: Missed out on Bitcoin? TAO following 2023 Bitcoin PlaybookNot only does Bittensor share similar tokenomics with Bitcoin, but Bittensor's current price action also resembles 2023 Bitcoin's price action (Bitcoin ETF HYPE Mania).
1) Both Bittensor and 2023 Bitcoin completed a 5 wave impulse followed by a 3 wave correction
2) Both Bittensor and 2023 Bitcoin bottomed at the white 1.618 trend based fib extension
3) Both Bittensor and 2023 Bitcoin on the Weekly RSI Indicator are forming Hidden Weekly Bullish Divergence where price made a higher low but the RSI indicator is printing a lower low.
I'm not committing to any price targets since Bittensor is still a relatively new coin (Huge Market Cap already). I'll commit to price targets when I see more price action. Right now expecting TAO to hit the white 1:1 extension @ $4,346.75. Honestly, if this is a 1-2 setup or a 1-2 1-2 setup (Microstructures on TAO look very ugly), Bittensor should easily break above $4,346.75.
#TAO/USDTThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 213.
#TAO
We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend.
We are heading for stability above the 100 moving average.
Entry price: 262
First target: 294
Second target: 319
Third target: 354
AI Sector Watch – TAO Pullback OpportunityAI-related tokens are showing real strength lately, and TAO has led the charge with a series of green candles. However, the most recent candle suggests potential for a cool-off into support—which could form a higher low and provide a great entry opportunity.
📍 Entry Zone:
$279 (potential higher low formation)
🎯 Take Profit Targets:
🥇 $292
🥈 $317
🛑 Stop Loss:
Below $260 (look for daily close confirmation)
📊 Notes:
If price consolidates above $279 and bounces, it confirms strength.
Watch for volume drop during the pullback—bulls want a light retrace before resuming higher.
If TAO breaks and holds above $292 quickly, you may want to trail your stop.
Crucial Zone Ahead: Will TAO Confirm a Bullish Reversal? TAO/USDT Daily Chart Analysis
Trend Line Breakout:
The chart shows a successful breakout above a long-term descending trend line, indicating a potential shift in momentum from bearish to bullish.
Fakeout Rejection:
A previous attempt to break above the trend line resulted in a fakeout and strong rejection, but this recent move looks more decisive.
Key Resistance Cleared:
The price has clearly broken above a key resistance level, suggesting renewed buying pressure. However, confirmation is still needed.
Current Price Action:
Price is now hovering above the trend line and testing the local resistance zone.
Watch for a breakout confirmation and retest of the marked zone (approx. $265–$275) to validate further upside movement.
Next Targets:
If the breakout holds, potential upside targets could be the previous high resistance zones between $305–$335.
📌 Strategy Tip:
Wait for a daily candle close above the marked zone for confirmation. If it fails, we could see a pullback into the local support range near $270–$290
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 downside, TAO recovered support and might be headed for another move to the upside.
Targets
• $1300 in case of a sustained break above $745
• $50 in case of a sustained break below $195
$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 continuation toward the 271 resistance zone. If the bounce plays out, this gives a solid 2.7R setup. Will monitor volume and structure confirmation around the entry zone.
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 trendline has been acting as dynamic resistance since the November 2024 high. Currently, price is approaching a critical resistance level around $284.7. A confirmed breakout above this area would be a strong signal that the market structure is beginning to shift in favor of the bulls.
If price breaks and holds above this resistance, the next upside targets are:
$468
$480
$495.9, in line with previous supply zones and structural highs.
Momentum is also improving, with RSI crossing back above the 50 level, supporting the bullish case. However, a clean breakout with sustained volume will be key to validating this setup.
Levels to Watch:
Support: $192.8 and $164.1
Resistance: $284.7, followed by $468–$495.9
Until we see a confirmed breakout, caution is warranted. Failure to clear the trendline may lead to another retest of support.
Summary:
#TAO is setting up for a potential bullish reversal, but confirmation above $284.7 is critical. A move beyond that level could open the door for a significant upside continuation. As always, manage risk accordingly and wait for confirmation.
TAOUSDT UPDATETAOUSDT is a cryptocurrency trading at $231.9, with a target price of $360.0. This represents a potential gain of over 60%. The technical pattern observed is a Bullish Falling Wedge, indicating a possible trend reversal. This pattern suggests that the downward trend may be coming to an end. A breakout from the wedge could lead to a significant upward movement in price. The Bullish Falling Wedge is a positive indicator, signaling a potential price surge. Investors are showing optimism about TAOUSDT's future performance. The current price may present a buying opportunity. Reaching the target price would result in substantial returns for investors. TAOUSDT is positioned for a potential breakout and significant gains.
TAO Analysis (1D)TAO appears to be forming a new corrective pattern from the point where we placed the red arrow, with its wave C potentially completing within the green box.
We are looking for buy/long positions in the green zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
invalidation level = 150$
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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 there, we shall look for reversal patterns.
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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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Bittensor at Make-or-Break Trendline — Bearish Targets Ahead?Bittensor is currently testing a key weekly trendline that’s held since mid-2023. A close below this level could confirm a break in market structure, opening the door to deeper downside targets.
⚠️ Key Levels to Watch:
- Holding the current trendline may lead to a short-term bounce.
- A breakdown targets the $168 – $136 zone, aligned with previous demand and Fib confluence (0.175 & 0.13 levels).
TAO at important levels... watch list materialTAO is revisiting previous lows and hoping to get support once again. There is a good chance that it does but a proper CHOCH would provide that evidence. Alternatively, the trend is still down and it could continue. The volume gap below could allow that to happen. This chart should be on a watch list. Time to DCA.
Full TA: Link in the BIO