my thoughts on TAO
avg entry TAO $238
Thoughts? 1/2
- on Daily, looks like consolidation, trying to break ATHs. If we cool down we might test prev ath as support, then continue.
- on 4h, big bearish divergence which indecates down could be the next move. Although could be invalidated if RSI makes HH.
IF .. THEN
- IF we continue higher, my first sell target would be 575$
- IF this was the move, then retrace to at least prev ATH, preferable 0.5-0.618 for buying.
Thoughts? 1/2
- on Daily, looks like consolidation, trying to break ATHs. If we cool down we might test prev ath as support, then continue.
- on 4h, big bearish divergence which indecates down could be the next move. Although could be invalidated if RSI makes HH.
IF .. THEN
- IF we continue higher, my first sell target would be 575$
- IF this was the move, then retrace to at least prev ATH, preferable 0.5-0.618 for buying.
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