š LONG $TAO
š° Entry: 298.40
š” Stop-loss: 290.94 (ā2.5%)
šÆ Take-profit: 307.35 ā 311.83
š A 41% lower wick just rejected the dip at EMA20 on TAO ā buyers absorbed the flush and the short-term low is locked.
ā¢ EMA stack fully spread with a 5.7% trend gap ā uptrend structure is intact
ā¢ Pullback held just 1.2% above EMA20, textbook shallow retracement in trend
ā¢ The rejection wick spans 0.69 ATR ā a decisive flush that buyers fully absorbed
ā¢ RSI at 56 leaves room to run, with 4H, daily and Elliott counts all aligned
ā¢ Favorable R:R with a tight invalidation just under the fresh swing low
ā Score 66.2/100 ā ā ā āā
Long bias while price holds above EMA20 on a candle close ā scale in on confirmation, stop below the wick low.
š¬ Long $TAO too, or taking the other side? Drop your call below.
$BTC #TAOUSDT #Long #TradingSignals
š Follow for hourly setups.
š° Entry: 298.40
š” Stop-loss: 290.94 (ā2.5%)
šÆ Take-profit: 307.35 ā 311.83
š A 41% lower wick just rejected the dip at EMA20 on TAO ā buyers absorbed the flush and the short-term low is locked.
ā¢ EMA stack fully spread with a 5.7% trend gap ā uptrend structure is intact
ā¢ Pullback held just 1.2% above EMA20, textbook shallow retracement in trend
ā¢ The rejection wick spans 0.69 ATR ā a decisive flush that buyers fully absorbed
ā¢ RSI at 56 leaves room to run, with 4H, daily and Elliott counts all aligned
ā¢ Favorable R:R with a tight invalidation just under the fresh swing low
ā Score 66.2/100 ā ā ā āā
Long bias while price holds above EMA20 on a candle close ā scale in on confirmation, stop below the wick low.
š¬ Long $TAO too, or taking the other side? Drop your call below.
$BTC #TAOUSDT #Long #TradingSignals
š Follow for hourly setups.