TON → The bulls are almost ready. Breakout 7.23, rally ...

Updated
TONUSDT is starting to show bullish potential. This is quite interesting for us, because, in general, the coin's potential is huge. BTC momentum could push the coin to rally.

snapshot

The bulls have held the defense above 5.985, forming an intermediate bottom. In the current range, the 6.45 - 6.65 area, where the maximum number of coins have been traded (bought), is a zone of interest for the big player and he will try to defend it. The range of market accumulation is 7.23 - 6.23. Until the price leaves this range, the market will be flat.
It is worth paying attention to the local descending resistance. There is an attempt to break through it and the price may strengthen to 7.23. The whole emphasis is on this area. A correction or pre-breakout consolidation may form before the breakout.

Resistance levels: 7.23, 7.67
Support levels: 6.7, 6.23


I am waiting for the retest of 7.23. It is interesting to see the reaction from which it will be possible to form further strategy (pullback or breakout). The probability of a breakout is increasing on the background of a strong bitcoin.

Regards R. Linda!
Note
Price updates the maximum!
A breakthrough of resistance 7.23 is forming. Possible retest before continuing the growth
Trade closed: target reached
Interim target achieved
Note
TON receives positive news
Bulls are trying to keep the price above 7.23.
In this case the target could be 8$-10$
Trade active
A retest of 7.671 is forming.
Price fixing above the level will be the beginning of a strong impulse
Trade active
snapshot
After the news, buyers quickly buy out all the local decline and come back for 7.23.
We are waiting for a breakout of 7.67 and consolidation above the level with a target to go to 8.0-9.0-10.0
Note
snapshot
Note
Emphasis on 7.23
consolidation above the level will give growth
Trade active
snapshot
Note
Retest 7.671.
The chance of resistance breakout is increasing!
Trade active
We're looking at 7,671
The price should slowly approach the level and form consolidation, in this case we will have a chance to open a trade at resistance breakout with minimal risk
Trade active
Consolidation near the level
Note
snapshot
A breakout of resistance is forming.
The market is testing the new ATH 8.058
Trade active
+6%
snapshot
Trade active
The coin has already strengthened by 20%
TON looks stronger than the market and may surprise us with further movement
Trade active
Getting ready to go higher!
Trade active
Continuing to hold. Potential is still high
Ascending ChannelAscending TriangleBitcoin (Cryptocurrency)BTCChart PatternscryptoCryptocurrencyDescending ChannelFLATFundamental AnalysisTrend AnalysisZigzag

🌹TRADING is a CASINO💔!?

NO‼️

You❗️CAN and ❗️SHOULD make money in trading!

Join me, I'll guide you to PROFITABLE TRADING💵!

🟢Free Telegram Channel:
t.me/RLindaTrade

🔴Contact:
t.me/RLindaSignals

🧿Web: rlinda.com
Also on:

Related publications

Disclaimer