TAO support areas on 200 MA extension down model.
- Diagonal fib (white)
- Horizontal Fibs (various colors, a few marked with blue up arrows)
- 50 MA (purple)
- 200 MA (pink)
Timing Wed Nov 6
I think the diagonal Fib (white) is the bounce (white arrow)
https://www.tradingview.com/chart/TAOUSDT/WZ6JtERJ-TAO-200-MA-Extension-Down
$TAO 200 MA extension up model.
Price has timing Wed Oct 30 and Tues Nov 5, 2024.
50 MA below price at 485.80 and likely a key support.
100 MA breaching 200 MA upside is bullish and likely price sees one more rally (possible floor up) in the MA sequence (100 MA breaching 200 MA is last in MA breaching sequence).
https://www.tradingview.com/chart/TAOUSDT/GM6TK4p0-Bittensor-TAO-200-MA-Extension-Model-Up