$TAO

my forecast for the next few days:

we can see that the asset is close to reaching its peak, indicating that it has few days left for daytrading

1D period analysis:

BOLLINGER

we can see that its value in the previous days touched the lower part of the Bollinger and is crossing the central line indicating that we are in the middle of the bullish period, we have time to carry out several daytrades in this period.

MACD

as well as Bollinger, we can see that the reversal has recently gained a lot of buying strength, indicated by the rapid shooting of the green bars 'buying volume'. The signal of this rise was indicated several periods ago, also suggesting that we are close to the end of the rise, but it has been a few days, since it has not yet presented a bearish signal.

RSI

confirms both the MACD and Bollinger signals, its value has been rising considerably quickly, reaching the 60 mark, it has not yet reached the overbought signal, but it is close, also indicating that we have a few days before the reversal.

analysis of the 2h period:

BOLLINGER:

we can see that the asset is at the top of Bollinger, indicating no reversal of the rise in a shorter period, suggesting that even with the general increase that we observe in the 1D period, the next few hours will be a retraction.

MACD:

we can see that the MACD signal is not clear since none of the classic signals are being presented in the most recent periods, suggesting consolidation in the next few hours before the increase predicted on the 1D chart.

RSI:

we can see that the RSI is stable in the 50-60 range, indicating stability with a weak bullish signal.

my conclusion:

taking into account both periods, this wave is great for day trading in the coming days, although in the next few hours it will be more consolidated, and improving over the days

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