Technical analysis by MockneyScot about Symbol TAO: Buy recommendation (6/11/2024)

This chart shows TAO priced in FET, both considered "AI projects".Both coins performed well relative to the market, but also against each other (as the chart shows). Retrospective strategy: Portfolio $10k.25 Oct '23: Buy TAO @ $75. (133 TAO). Current price of FET $0.3.15 Feb '24: Sell TAO > USD @ $679 = $90,53315 Feb '24: Buy FET @ 0.68 (133,137 FET)1 Apr '24: Sell FET > USD @ $3.08 = $410,062The pattern may or may not repeat, but if the AI narrative heats up again, watch for TAO to lead FET, and then rotate at resistance on the pair chart.