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

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

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

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

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now at the 336 resistance

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379!

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Price action at a double Top! Taking profits!

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Still blazing 430!

Trade closed: target reached:

All targets reached