๐ ๐๐จ
๐น Asset: TAO/USDT (Bittensor / Tether)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below 266.42 (Breakdown Confirmation)
โ Stop-Loss (SL): Above 268.19 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 262.46 (First Support Level)
๐ TP2: 257.81 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 268.19 - 266.42 = 1.77 risk per unit
๐ Reward to TP1: 266.42 - 262.46 = 3.96 (1:2.23 R/R)
๐ Reward to TP2: 266.42 - 257.81 = 8.61 (1:4.86 R/R)
๐ Technical Analysis & Strategy
๐ Bearish Falling Wedge Breakdown: Price is breaking below a key trendline support, confirming a downside move.
๐ Resistance Confirmation: Strong resistance at 268.19, acting as a rejection zone.
๐ Volume Confirmation Needed: Watch for rising sell volume below 266.42 to confirm momentum.
๐ Momentum Shift Expected: Breaking below 266.42 could push price toward 262.46, with a further drop to 257.81.
๐ Key Resistance & Support Levels
๐ด 268.19 โ Stop-Loss / Resistance Level
๐ก 266.42 โ Breakdown Level / Short Entry
โช 262.46 โ First Support / TP1
๐ข 257.81 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong selling pressure below 266.42 before entering.
๐ Trailing Stop Strategy: Move SL to entry (266.42) after TP1 (262.46) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 262.46, let the rest run toward 257.81.
โ Adjust Stop-Loss to Break-even (266.42) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price reclaims 266.42, exit early to avoid a false breakdown.
โ Wait for a strong bearish candle close before entering aggressively.
๐ Final Thoughts
โ Bearish Setup โ Breakdown below 266.42 signals potential downside.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:4.86 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#TAO #CryptoTrading ๐ #TAOUSDT ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Crypto ๐ #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #CryptoSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #CryptoAlerts ๐ #TradeSmart ๐ค #Bearish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakdown ๐จ
vibes12
๐น Asset: TAO/USDT (Bittensor / Tether)
๐น Timeframe: 30-Min Chart
๐น Setup Type: Bearish Breakdown Trade
๐ Trade Plan (Short Position)
โ Entry Zone: Below 266.42 (Breakdown Confirmation)
โ Stop-Loss (SL): Above 268.19 (Invalidation Level)
๐ฏ Take Profit Targets:
๐ TP1: 262.46 (First Support Level)
๐ TP2: 257.81 (Extended Bearish Move)
๐ Risk-Reward Ratio Calculation
๐ Risk (SL Distance): 268.19 - 266.42 = 1.77 risk per unit
๐ Reward to TP1: 266.42 - 262.46 = 3.96 (1:2.23 R/R)
๐ Reward to TP2: 266.42 - 257.81 = 8.61 (1:4.86 R/R)
๐ Technical Analysis & Strategy
๐ Bearish Falling Wedge Breakdown: Price is breaking below a key trendline support, confirming a downside move.
๐ Resistance Confirmation: Strong resistance at 268.19, acting as a rejection zone.
๐ Volume Confirmation Needed: Watch for rising sell volume below 266.42 to confirm momentum.
๐ Momentum Shift Expected: Breaking below 266.42 could push price toward 262.46, with a further drop to 257.81.
๐ Key Resistance & Support Levels
๐ด 268.19 โ Stop-Loss / Resistance Level
๐ก 266.42 โ Breakdown Level / Short Entry
โช 262.46 โ First Support / TP1
๐ข 257.81 โ Final Target / TP2
๐ Trade Execution & Risk Management
๐ Volume Confirmation: Ensure strong selling pressure below 266.42 before entering.
๐ Trailing Stop Strategy: Move SL to entry (266.42) after TP1 (262.46) is hit.
๐ฐ Partial Profit Booking Strategy:
โ Take 50% profits at 262.46, let the rest run toward 257.81.
โ Adjust Stop-Loss to Break-even (266.42) after TP1 is hit.
โ ๏ธ Fake Breakdown Risk
โ If price reclaims 266.42, exit early to avoid a false breakdown.
โ Wait for a strong bearish candle close before entering aggressively.
๐ Final Thoughts
โ Bearish Setup โ Breakdown below 266.42 signals potential downside.
โ Momentum Shift Possible โ Watch for volume confirmation.
โ Risk-Reward Ratio โ Favorable 1:4.86 R/R to TP2.
๐ก Stick to the plan, manage risk, and trade smart! ๐๐ฅ
๐ Hashtags for Reach & Engagement:
#TAO #CryptoTrading ๐ #TAOUSDT ๐ #TradingNews ๐ฐ #MarketUpdate ๐ฅ #Investing ๐ฐ #ShortTrade ๐ #Crypto ๐ #ProfittoPath ๐ #SwingTrading ๐ #DayTrading โก #TechnicalAnalysis ๐ #CryptoSignals ๐ #FinancialFreedom ๐ก #MarketTrends ๐ #CryptoAlerts ๐ #TradeSmart ๐ค #Bearish ๐ #RiskManagement โ ๏ธ #TradingCommunity ๐ค #SmartTrading ๐ฐ #MarketAnalysis ๐ #TrendBreakdown ๐จ
vibes12
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.