$TAO Violent rebound! Golden cross confirmed, Zhao Gongming: A pullback is an opportunity to enter!
Crypto friends, pay attention!
Let's look at the technicals.
On the 1-hour candlestick chart, the overall trend for TAO today is upward, and there's no doubt about it.
The MACD golden cross has formed, DIF has crossed above DEA, the histogram has turned red, and it's running from below the zero line to above, which is a standard bullish start signal.
The price has stabilized above the key level of 320, and it's currently gathering strength around 324, standing above the Bollinger middle band, with the opening facing upward, and the trading volume gradually increasing, with buyers gradually entering. RSI is 44.06, just turned strong from a weak zone, not yet in the overbought region, and there is still room for growth.
Technical summary: Golden cross confirmed, volume increasing, bulls officially take over.
Zhao Gongming's view is very clear:
At this position, I am bullish, and I will decisively enter.
Don't hesitate about 'whether it’s chasing the high', the real start often begins from the position where you hesitate. The main force has already entered, and if you wait, all you will get is a higher price.
Retail investor operation advice:
A pullback is an opportunity to enter, enter in batches in the 318-320 area; the first target is 325, the second target is 330. Where is the safest stop-loss? Follow Gongming for updates!
At what point should we enter most steadily during a pullback? Will there be a false breakout? These details, I will only discuss with the followers who keep up. Follow Gongming, join Zhao Gongming's 聊天室, and let me guide you without getting lost! #TAO #BTC行情
