TAO/USDT: Ideal to Enter After the Weekly Close
In my previous analysis, I mentioned that the better trade is to wait until the price action breaks above the $360 weekly structure and then enter on the retest. However, I see another swing trade opportunity after noticing the candlestick closed with a continuation pattern that I like, right above the dynamic support of the 40-day EMA on the weekly timeframe. My directional view remains the same as in my previous analysis.
My Previous Analysis :
https://www.tradingview.com/chart/TAOUSDT/UKp5KBqz-TAO-USDT-Eyes-on-This-One/
My Previous Analysis :
https://www.tradingview.com/chart/TAOUSDT/UKp5KBqz-TAO-USDT-Eyes-on-This-One/
Trade closed: stop reached
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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.
Join my VIP group: t.me/CryptoOverseerX Special price for the first 10 members. Money-back guarantee if no profit in 3 months! For more, visit overseer-x.com/. Free group: t.me/CryptoOverseerXFree
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.