#TAO
UPDATE
TAO Technical Setup
Pattern: Falling Wedge Pattern
Current Price: $287.9
Target Price: $540.0
Target % Gain: 87.60%
Technical Analysis: TAO is breaking out of a falling wedge pattern on the 4H chart, signaling a bullish reversal after an extended corrective move. Price has successfully pushed above the descending resistance trendline, showing improving market structure and renewed buying momentum. The breakout opens the door for a continuation move toward the projected upside target, as long as price holds above the breakout zone and invalidation support remains intact.
Time Frame: 4H
Risk Management Tip: Always use proper risk management.
UPDATE
TAO Technical Setup
Pattern: Falling Wedge Pattern
Current Price: $287.9
Target Price: $540.0
Target % Gain: 87.60%
Technical Analysis: TAO is breaking out of a falling wedge pattern on the 4H chart, signaling a bullish reversal after an extended corrective move. Price has successfully pushed above the descending resistance trendline, showing improving market structure and renewed buying momentum. The breakout opens the door for a continuation move toward the projected upside target, as long as price holds above the breakout zone and invalidation support remains intact.
Time Frame: 4H
Risk Management Tip: Always use proper risk management.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚀🔥Your gateway to expert crypto insights, signals & strategies! 📊💰
Join our Telegram for real-time market updates & profitable opportunities! 📈🔔
👇 Stay ahead in the crypto game 👇
👇👇👇👇👇👇
linktr.ee/CryptoWithJames
Join our Telegram for real-time market updates & profitable opportunities! 📈🔔
👇 Stay ahead in the crypto game 👇
👇👇👇👇👇👇
linktr.ee/CryptoWithJames
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
