OUR #TAO TRADE REACHED A 90.91% PROFIT AFTER BOUNCING FROM THE ZONE WHERE IT'S HARD TO BREAK!
After we have noticed that the key levels 214.3-252.5 was very hard to break and there were no signs of it weakening at all from the previous months' data. We have decided to carefully observe for a potential rebound at these levels and took our time to take the optimal position initially at 254.2 which we then took the full profit for 5.15%. As TAO continued to take the lower key level than this entry of ours. After taking the newer optimal position at 225.5, we were able to witness a high price bounce with a total increase of 90.91% causing the weekly highs to be broken through. Now, we're carefully planning our next move for TAO's next price action since we don't want to be hasty in considering that this is already the possible breakout we're looking for. Patience is what it takes to fully commit oneself into profitability.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.