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📊 Trading Signal for Bittensor (TAOUSDT) - August 2024📊
🔄 Signal Type: Dual Scenario (Bullish & Bearish)
🟢📈 Bullish Scenario:
➖Entry Point: $350.50 (breakout above resistance)
➖Support Level: $180.00 (Strong support)
🎯 Targets:
➖First Target: $450.00
➖Second Target: $620.00
➖Stop Loss: Below $320.00
➖Volume Analysis: High bullish volume supports a potential move upward.
➖Risk Level: Moderate
➡️Summary: If the price breaks above $350.50 with sustained bullish volume, the next resistance levels to watch are $450.00 and $620.00. A stop loss at $320.00 can help mitigate risk.
🔴📉 Bearish Scenario:
➖Entry Point: Below $320.00 (rejection at resistance)
➖Resistance Level: $350.50 (If unable to sustain above this level)
🎯 Targets:
➖First Target: $250.00
➖Second Target: $180.00
➖Stop Loss: Above $350.50
➖Volume Analysis: Declining volume on up moves may indicate weakening bullish momentum.
➖Risk Level: Moderate
➡️Summary: If the price fails to hold above $350.50 and drops below $320.00, a bearish move toward $250.00 or even $180.00 is likely. Place a stop loss above $350.50 to protect against sudden bullish reversals.
🚨 Disclaimer: DYOR and NFA
$TAO
#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
🔄 Signal Type: Dual Scenario (Bullish & Bearish)
🟢📈 Bullish Scenario:
➖Entry Point: $350.50 (breakout above resistance)
➖Support Level: $180.00 (Strong support)
🎯 Targets:
➖First Target: $450.00
➖Second Target: $620.00
➖Stop Loss: Below $320.00
➖Volume Analysis: High bullish volume supports a potential move upward.
➖Risk Level: Moderate
➡️Summary: If the price breaks above $350.50 with sustained bullish volume, the next resistance levels to watch are $450.00 and $620.00. A stop loss at $320.00 can help mitigate risk.
🔴📉 Bearish Scenario:
➖Entry Point: Below $320.00 (rejection at resistance)
➖Resistance Level: $350.50 (If unable to sustain above this level)
🎯 Targets:
➖First Target: $250.00
➖Second Target: $180.00
➖Stop Loss: Above $350.50
➖Volume Analysis: Declining volume on up moves may indicate weakening bullish momentum.
➖Risk Level: Moderate
➡️Summary: If the price fails to hold above $350.50 and drops below $320.00, a bearish move toward $250.00 or even $180.00 is likely. Place a stop loss above $350.50 to protect against sudden bullish reversals.
🚨 Disclaimer: DYOR and NFA
$TAO
#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #CryptoMarketMoves
Отказ от ответственности: на платформе опубликованы материалы и мнения третьих лиц. Не является финансовой рекомендацией. Может содержать спонсируемый контент. См. Правила и условия.
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