Bittensor (TAO) To Soar Higher? Key Harmonic Pattern Hints at Potential Upside Move

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Date: Thu, Sept 11, 2025 | 06:46 AM GMT The cryptocurrency market is showing strength amid the anticipated potential US Federal Reserve rate cuts, with Ethereum (ETH) holding steady at $4,400. Following this resilience, several altcoins are beginning to flash bullish signs — including the AI-focused token Bittensor (TAO). $TAO has gained an impressive 11% over the past week, and more importantly, its chart is displaying a harmonic formation that could set the stage for further upside momentum.

Source: Coinmarketcap Cypher Harmonic Pattern in Play On the daily chart, TAO is forming a Bearish Cypher harmonic pattern. Despite the bearish label, this setup often involves a bullish CD leg rally before the price approaches its Potential Reversal Zone (PRZ). The pattern began at Point X ($461.25), corrected to Point A, rebounded into Point B, and then sharply declined to Point C ($301.83). From there, TAO has started to recover and is now trading near $353.81, showing renewed strength as bulls step back in.

Bittensor (TAO) Daily Chart/Coinsprobe (Source: Tradingview) The immediate level to watch is the 100-day moving average (MA) at $362.77. A decisive breakout and close above this level would likely fuel stronger bullish momentum. What’s Next for TAO? If bulls successfully reclaim the 100-day MA, the CD leg could extend higher toward the PRZ between $432.58 (0.786 Fibonacci extension) and $461.25 (1.0 extension). These zones often mark the completion of the cypher pattern and represent critical upside targets. Until then, traders will be closely watching TAO’s ability to maintain its higher lows and build momentum above short-term resistance levels. Failure to clear the 100-day MA could delay the rally, keeping TAO in consolidation before any decisive breakout attempt. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

TAO-0.14%
ETH2.52%
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Wetikvip
· 20h ago
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