MockneyScot

This forecast is premised on the timing of the BTC Cycle Low around 20th February. KAS rebounds strongly from HTF demand around 0.05. This low might coincide with a Binance and / or Coinbase listing, or other catalyst in addition to BTC Cycle Low. From the current date (8th Feb), more downside is expected whilst BTC continues to range 90-108k. A deviation below RANGE (87-88K) would result in another severe drop for the Alt Coin market. On the contrary, if BTC breaks out of range to new ATH in February, we can expect an acceleration of this forecast

This outlines a potential scenario for TAO v USDT. Rally to late Dec, correction through early Jan. Rally to Cycle high Feb - March. March - September Bearish with a final rally Oct - November.

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.

ENJ Long at HTF OB 0.269. $2,500, 4x Leverage (LP previous low October '23)TP Target 1: 0.432 (244%): 40% TP Target 2: 0.683 (620%): 50%TP Target 3: 1.72 (2,144%): 100%

HTF reversal formed (1D). Entry at $0.057, Target 1.618 Fib in confluence with 2024 peak trend line at $0.27.

Long until HTF target 0.244. Look for Short Position in that Zone, expect 12 week reversal (-45%) to 0.135 area. Trailing stops below FVG levels until target. Invalidated on corrections below 0.125.