Bitcoin

Fetch

<ul><li>TAO confirms a breakout from a descending broadening wedge with a projected target of $720.</li><li>FET approaches a key $1.55 resistance level after breaking out of a broadening wedge pattern.</li><li>Both TAO and FET show strong bullish momentum with targets of $720 and $4.20 respectively.</li></ul>In recent developments, two altcoins have caught the attention of market analysts for their potential to reach new all-time highs. <a href="https://cryptotale.org/critical-security-breach-on-bittensor-8m-in-tao-stolen-network-enters-safe-mode/" rel="noopener noreferrer nofollow">Bittensor</a> (TAO) and Artificial Superintelligence Alliance (FET) are both experiencing critical breakout moments, with their chart patterns signaling the possibility of substantial upward movement. Notably, Captain Faibik, a widely followed analyst on X, has shared insights into the bullish trajectories of both assets.<h2 id="header-0">TAO&#39;s Wedge Breakout Confirmed</h2>TAO&#39;s recent price action has shown a confirmed breakout from a descending broadening wedge pattern, a bullish reversal structure. The pattern forms when the price makes lower highs and lower lows, with trendlines diverging and widening as it develops. The breakout through the upper boundary of the wedge confirms bullish momentum, suggesting that TAO&#39;s downtrend has reversed.Following the breakout, TAO is currently trading just above the upper trendline of the wedge, indicating a shift in market sentiment. This shift suggests that the selling pressure has eased, and buyers are now in control. According to the chart analysis, the projected upside target for TAO sits around the $720 level. If this momentum continues, traders could see a significant price surge in the coming weeks from the price of <a href="https://www.coingecko.com/en/coins/bittensor" rel="noopener noreferrer nofollow">$335</a> recorded during this press.<a href="https://cryptotale.org/tao-targets-720-and-fet-eyes-4-20-after-bullish-signals/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

TAO Targets $720 and FET Eyes $4.20 After Bullish Signals

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