Toncoin
Long

TON Coin: Targeting $8.5-$11 as Final Leg of Major Diagonal?

37
Chart Analysis:

My Elliott Wave count for TON suggests we're in the 5th wave of a larger upward ending diagonal (3-3-3-3-3 structure). Currently tracking the C wave of the internal A wave (which was a zigzag).

Key Invalidation:
This bullish count is invalidated if price breaks below the start of the A wave.

Outlook:
Watching closely for completion of this diagonal and the potential $8.5-$11 target range before a significant reversal signal.

Disclaimer: Elliott Wave analysis is subjective and not financial advice. Trade responsibly.
#TON #ElliottWave #Crypto

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