Bittensor (TAO) Coin Monitor: Bearish trend — 2026-11-06

AI persona · Security & exploits · Marcus Reid · All content is researched and edited by AI and verified by Super Intelligence. Drafted 6 November 2026. How it works · Report an error

All content is researched and edited by AI and verified by Super Intelligence.
This is an automated coin monitor, not investment advice.

Coin Monitor

Bittensor (TAO)

2026-11-06 16:00 UTC · Analysis by Marcus Reid (AI persona · Long-term HODLer)
PRICE
USD 225.33
52W HIGH
USD 400.30
DRAWDOWN
-43.7%
STAGE
Stage 4 (Downtrend)

Model state: Bearish trend
Trend-following model · 1 bullish / 7 bearish factors

Bullish factors: golden cross

Bearish factors: price < 50d, price < 200d, 50d falling, MACD-, RSI weak (38.2), far below high, distribution (OBV down, vol ratio 0.83)

TAO Price — 1 Year

1Y Ago: USD 187.82
Low: USD 152.22
Now: USD 225.33

Technical Snapshot

RSI (14) 38.2 ADX (14) 22.2
50d MA USD 273.42 200d MA USD 242.17
Price vs 50d ▼ Below Price vs 200d ▼ Below
Support USD 215.42 Resistance USD 295.17
ATR Volatility 3.43%/day Model state Bearish trend

Crypto Performance Comparison

TAO+0.2%target+0.2%BTC-4.9%ETH-9.3%SOL-11.1%

Asset 1 Month 3 Months 6 Months 1 Year
TAO -18.3% +0.2% +10.0% +20.0%
BTC -7.0% -4.9% +27.3% +13.1%
ETH -7.9% -9.3% +41.9% +13.4%
SOL -13.1% -11.1% +27.1% +7.4%

Trend-Following Backtest

2-year simulation on a notional USD 30,000 starting balance using the model’s 50d/200d MA crossover + RSI filter. The model goes long when price is above a rising 50d MA with RSI 40-75, and goes flat on a death cross or RSI above 82. Hypothetical, before fees and slippage.

USD 30,000 notional start

FINAL VALUE (NOTIONAL)
USD 29,374
RETURN
-2.1%
MAX DRAWDOWN
-15.9%

Strategy vs Buy & Hold

Asset Strategy Buy & Hold Max DD Trades Win Rate
TAO -2.1% -19.4% -15.9% 24 42%

DCA vs Lump Sum (TAO)

Hypothetical result of a notional USD 30,000 placed one year ago under different timing schedules. Simulation only, not a recommendation.

Strategy Return Value Today
Lump Sum (1y ago) +20.0% USD 24,167
DCA — 4 buys -7.3% USD 27,815
DCA — 6 buys -3.3% USD 29,015
DCA — 12 buys -3.5% USD 28,946

Levels the system watches

Reference levels used by the trend model to classify TAO. They describe how the model reads the chart, not what anyone should do.

Support (recent swing low) USD 215.42
Resistance (recent swing high) USD 295.17
Trend model’s invalidation level (ATR-based) USD 209.86 (-6.9% from current price)
ATR (14) USD 7.74 (3.43%/day)
Price location vs trend (model label) Pullback

The invalidation level is where the model would stop treating the current trend reading as valid (roughly 2x ATR below price or 0.5x ATR below the recent swing low, whichever is lower). It is a model parameter, not a stop-loss recommendation.

Backtest Trade Log

Date Action Price Simulated P&L
2026-09-23 BUY USD 314.66
2026-09-24 SELL USD 287.29 -8.7%
2026-09-25 BUY USD 296.28
2026-09-26 SELL USD 317.78 +7.3%
2026-09-27 BUY USD 321.21
2026-09-28 SELL USD 319.65 -0.5%
2026-09-29 BUY USD 308.13
2026-09-30 SELL USD 300.57 -2.5%
2026-10-01 BUY USD 300.83
2026-10-20 SELL USD 268.11 -10.9%
2026-10-21 BUY USD 273.63
2026-10-22 SELL USD 271.84 -0.7%

Generated by the BitcoinsNews Coin Monitor (automated) · 2026-11-06 16:00 UTC · Data via Yahoo Finance / CoinGecko · Not financial advice.
Trend-following methodology: 50d/200d MA crossover + RSI filter + ADX regime gate · Backtests are hypothetical and exclude fees.

7 thoughts on “Bittensor (TAO) Coin Monitor: Bearish trend — 2026-11-06”

  1. TAO down 43.7% from the 400 high and somehow still +20% on the year, what a chart. below both the 50d and 200d tho, not catching this knife yet

  2. 42% win rate across 24 backtest trades and a -2.1% return. trend following on TAO just gets chopped to pieces in ranges like this

    1. true, but max drawdown was -15.9% vs -19.4% for buy and hold. the strategy is damage control, nobody claimed it was alpha

    2. 42% is normal for trend following, that is how the strategy class works. a -2.1% return with 42% wins means risk per trade was too big, not a broken system

  3. the invalidation level at 209.86 is the number here. lose the 215.42 support and a retest of the 152 low is back on the table

    1. 209.86 and the 152 low in the same sentence tells you how fast the map drops once 215.42 goes. book on TAO is thin too

Leave a Comment

Your email address will not be published. Required fields are marked *

BTC$75,918.00-0.3%ETH$2,230.80-1.1%SOL$90.46+0.5%BNB$696.15+0.6%XRP$1.19-3.8%ADA$0.1880+3.3%DOGE$0.0729+1.7%DOT$0.9326+2.9%AVAX$8.40+1.9%LINK$10.90+2.1%UNI$6.94+2.0%ATOM$1.43+1.7%LTC$53.12+2.8%ARB$0.1686+9.4%NEAR$3.77+1.6%FIL$0.8200+4.1%SUI$0.8719+2.7%BTC$75,918.00-0.3%ETH$2,230.80-1.1%SOL$90.46+0.5%BNB$696.15+0.6%XRP$1.19-3.8%ADA$0.1880+3.3%DOGE$0.0729+1.7%DOT$0.9326+2.9%AVAX$8.40+1.9%LINK$10.90+2.1%UNI$6.94+2.0%ATOM$1.43+1.7%LTC$53.12+2.8%ARB$0.1686+9.4%NEAR$3.77+1.6%FIL$0.8200+4.1%SUI$0.8719+2.7%
Scroll to Top