Right now TAO is stuck in classic weekend chop → messy, range-bound price action with liquidity grabs on both sides.
That environment is perfect for scalps, but more importantly:
Weekends are for skill-building.
When the market slows, it’s time to sharpen your edge.
What I’m Watching
The ideal scenario is a full liquidity sweep on both sides.
Weekend traders tend to overtrade ranges. Market makers exploit that by:
For that to happen, price needs to visit both extremes of the weekend range.
Ideal Scenario (High-Probability Path)
The cleanest play would be:
Upside liquidity is stacked around $280–$290, making it a logical magnet if reversal strength appears.
Trade Setups
🟢 Long Setup
🔴 Short Setup
Educational Insight
Ranges build equal highs & equal lows.
Equal levels attract stops. Stops create liquidity. Liquidity attracts price.
Smart money doesn’t chase breakouts inside chop. They wait for:
That sequence tells you the move is real, not noise.
Most traders lose money in chop because they trade inside the range. Pros wait for price to raid liquidity outside the range.
As always → let the market confirm.
Levels give location.
Reaction gives validation.
Stay sharp!
_________________________________
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Weekends are for skill-building.
- Review trades.
- Backtest.
- Journal.
- Refine execution.
When the market slows, it’s time to sharpen your edge.
What I’m Watching
The ideal scenario is a full liquidity sweep on both sides.
Weekend traders tend to overtrade ranges. Market makers exploit that by:
- Running the lows → stopping out longs
- Running the highs → stopping out shorts
For that to happen, price needs to visit both extremes of the weekend range.
Ideal Scenario (High-Probability Path)
The cleanest play would be:
- Price takes out the current low
- Tags the 0.786 Fib of the full move from the $243 low
- Reversal → rally into upside liquidity
- Shorts get squeezed on the move up
Upside liquidity is stacked around $280–$290, making it a logical magnet if reversal strength appears.
Trade Setups
🟢 Long Setup
- Reaction zone: $260–$250
- Targets: → TP1: $270 → TP2: $280 → TP3: $290
- Stop Loss: Below $250
- Entry trigger: Wait for reaction & confirmation (reclaim, structure shift, strong bounce)
🔴 Short Setup
- Ideal entry: $290
- Target: Back into the weekend range
- Entry trigger: Rejection / exhaustion signs at highs
Educational Insight
Ranges build equal highs & equal lows.
Equal levels attract stops. Stops create liquidity. Liquidity attracts price.
Smart money doesn’t chase breakouts inside chop. They wait for:
- Liquidity sweep → Displacement → Confirmation
That sequence tells you the move is real, not noise.
Most traders lose money in chop because they trade inside the range. Pros wait for price to raid liquidity outside the range.
As always → let the market confirm.
Levels give location.
Reaction gives validation.
Stay sharp!
_________________________________
💬 If you found this helpful, drop a like and comment!
Catatan
The trade idea played out nicely. Price didn’t sweep the low, so the long entry was missed but the short from the golden pocket resistance was clean. $280 served as the TP level for the short at the 0.5 fib of the move up and the same zone also offered a solid long entry. The next short opportunity sits around the key $300 level, watch closely for a reaction there.
Catatan
TAO has been a great coin to trade. Very technical and a hot name that keeps pushing higher. It cleanly flipped the $300 psychological level into support with multiple successful retests. This offered a clean long setup: entries around $300, targeting the next key resistance at $340, with price approaching the 21 monthly EMA/SMA resistance zone between $342.8–$360. The anchored VWAP continues to guide the move, showing a clear bullish path supported by a clean Elliott Wave structure.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
🏆 Mastering Fibonacci for precision trading
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
🔹 Sharing high-probability trade setups
⚡ Unlock the power of technical analysis!
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.