Bitcoin can still retest near 75K before down but only if it holds here above today's low
Trying a long with tight invalidation as shown
https://t.co/lhAHV0PlTX https://t.co/HxygxgWe6g
$TAO
$380-$400s is where objectively supply exceeds demand and there is think horizontal resistances.
The question is, will it give a very low risk entry and spike into a level where risk can be very easily managed (this is an illiquid crypto currency that can be easily moved).
Any spike will likely fail and move into the level noted on the graph (where demand exceeds supply, however this is inside value, therefore a 2nd tap can slice it all the way back down again and that is how this asset moves).
All explained on video in detail for those willing to learn (free education)
$TAO update
These videos are designed to be for educational purposes only and should never be considered investment or trading advice. Always make your own analysis before entering a position.
$TAO continues to trade in a wide range and in this video I cover some very basic supply and demand concepts in order to help ppl understand how and why price moves and what can happen to the asset.
As always, thanks to those few who support the feed.
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