#TAO is trading within a descending triangle on the daily chart. If it manages to bounce from the support zone, we can expect a potential upward move. However, if the support zone breaks, it may revisit $274.5 and $243.8. In case of a breakout above the triangle resistance, the potential targets are:
🎯 $365.9
🎯 $414.4
🎯 $453.6
🎯 $492.8
🎯 $548.6
🎯 $619.7
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
🎯 $365.9
🎯 $414.4
🎯 $453.6
🎯 $492.8
🎯 $548.6
🎯 $619.7
⚠️ Always remember to use a tight stop-loss and maintain proper risk management.
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.
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.