Toncoin/TetherLong
TON USDT
Ton usdt, on the weekly timeframe, is currently in a range (reaccumulation zone), and we are now at the bottom of this range.
The second observation, which can be seen on the daily timeframe, is that we had a well-known “Three Touch Pattern” in this timeframe, and to some extent, the zone has been faked out, considering the price closed above 5.5.
Additionally, on the daily timeframe, we also have a trendline, and breaking it can confirm the bullish move.
I’d like to hear your opinion on this.
The second observation, which can be seen on the daily timeframe, is that we had a well-known “Three Touch Pattern” in this timeframe, and to some extent, the zone has been faked out, considering the price closed above 5.5.
Additionally, on the daily timeframe, we also have a trendline, and breaking it can confirm the bullish move.
I’d like to hear your opinion on this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.