Looking at TON's chart it seems a breakout is close. Ton has been consolidation for several months and as long as it is above the long term yellow trendline, higher targets of 6.97, 10 and 15 are available.
The only problem that remains is BTC's possible dump to fill its CME gap.That's why the tight SL of 5.0 level is selected. If TON manages to thrust out of the consolidation pattern, it can still preserve its bullish structure despite BTC's CME gap dump.
The only problem that remains is BTC's possible dump to fill its CME gap.That's why the tight SL of 5.0 level is selected. If TON manages to thrust out of the consolidation pattern, it can still preserve its bullish structure despite BTC's CME gap dump.
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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.