ONE ALTCOIN THAT LOOKS EXACTLY LIKE #TAO: COULD THIS RESULT TO THE SAME TECHNICAL ANALYSIS?
Several bottoms were created on these identical looking altcoins which has created a sense of familiarity for the traders who are analyzing its market patterns. Now, take a closer look at the bottoms created by SAGA and compare it with TAO. This will provide a decision making for most traders to follow taking short trades on the current structure. Although, we're also looking at the possibility that this altcoin may continue finding another ATH before going all the way down. The best way to look at this would be to continue observing and interpreting the intention of both buyers and sellers for TAO. In the event that a certain price is considered to be the 'best' price for this altcoin. Then, we will strike.
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.
