Bittensor (TAO) Classic Lower-High 5X-SHORT—242% Potential

2 days ago

Good morning my fellow traders, I had to wait patiently on this one before releasing the full trade-numbers as we needed a better entry price. Two days ago it was too low.

We are looking at Bittensor (TAOUSDT) and we have a long-term lower high. We identify the pattern as long-term because it is more than 6 months old.

Currently there is a small bounce which is accompanied by low volume and any rise on a drop is a sell opportunity.

I will share one more of these trades we will be move to a different format.

Thanks a lot for your continued support.

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SHORT TAOUSDT

Leverage: 5X

Entry levels:

1) $575
2) $555
3) $525

Targets:

1) $510
2) $475
3) $450
4) $392
5) $345
6) $310
7) $290
8) $270

Stop-loss:
Close daily above $580

Potential profits: 242%

Capital allocation: 3%
____

Remember the risk. This is not for beginners. Never max-out on leverage so you have room to maneuver. Even if the setup looks ultra-great there is always reason to be patient and stay within your initial position because market conditions can always change. We need to be wise, smart and non-greedy to be able to win with these trades.

We have many of these now live and green. PEPE, SHIB, SOL, BNB, OM; just to mention a few. Recently I shared SUI and will do SEI next to end our public shorts session and prepare for a change in the market cycle.

This is not financial advice.

Thank you for your support.

Namaste.

21 hours ago

Trade active

Our trade is now active. The first target is hit, I will update the numbers in a note later on.
This will be a good one.

Thanks for your support.

9 hours ago

Note

Targets:

1) $510 |Hit 7-Nov. (+12%)
2) $475 |Next target...
3) $450
4) $392
5) $345
6) $310
7) $290
8) $270