$TAO Bittensor Tao's Rounded Top pattern...

Jan 8

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 TAO's retracement is complete and is ready for higher prices:
Resistances: 271, 302, 336, 379, 430, 479

Jan 13

Note

strong support around 219... if it continues to hold, expect lift off to higher resistances...

Jan 17

Note

We talked about the 219 level.... it has held! Higher Resistances in view! 271 hit!

Jan 26

Note

now at the 336 resistance

Jan 28

Note

379!

Jan 29

Note

Price action at a double Top! Taking profits!

Jan 30

Note

Still blazing 430!

Feb 6

Trade closed: target reached

All targets reached