TON
📈TON can go high to $12 level / Alt Season rally📉OKX:TONUSDT
BINANCE:TONUSDT.P
Hello traders.
🔵TONCOIN is my Second suggestion for the altcoin market.🔵
As you can see, the price has broken its long-term triangle structure. As long as the price rally is ongoing outside the pitchfork structure, the $5.7 and $7 targets are active.🎯
Considering the previous price rally, there is a possibility of a price correction to the middle levels of the pitchfork (dynamic and then static supports).🧨
The best strategy for altcoins is to allocate a certain percentage of assets (for example, 10% of the total portfolio) to buy potential altcoins.🎲
In the following week, I will introduce and complete the list of my suggested altcoins.
I plan to monitor these altcoins weekly.✌💥
Toncoin Price Jumps As $TON Foundation Partners With HashKeyIn a move set to redefine the landscape of the CRYPTOCAP:TON Ecosystem, the CRYPTOCAP:TON Foundation and HashKey Group have announced a strategic partnership aimed at propelling the growth and accessibility of Toncoin ( CRYPTOCAP:TON ). The collaboration marks a significant milestone for both entities and signals a new era of innovation and expansion within the cryptocurrency space.
The partnership between CRYPTOCAP:TON Foundation and HashKey Group is strategically designed to leverage the strengths and expertise of both organizations. By combining resources and knowledge, the aim is to bolster the CRYPTOCAP:TON Ecosystem and elevate Toncoin to new heights of success and prominence.
At the core of this partnership lies a commitment to supporting projects within the TON Ecosystem. Through targeted investment and incubation initiatives, the collaboration seeks to empower developers and entrepreneurs to create innovative solutions that contribute to the ecosystem's growth and adoption. Additionally, efforts will be directed towards enhancing accessibility for users in the Asia-Pacific Region, with a focus on improving on-and-off ramp services for Wallet in Telegram.
The announcement of the partnership has already had a tangible impact on Toncoin's price, with a notable 1.7% surge observed following the news. This surge reflects the market's optimism and bullish sentiment surrounding the potential of Toncoin and the CRYPTOCAP:TON Ecosystem as a whole.
Looking ahead, Toncoin ( CRYPTOCAP:TON ) is poised for significant growth, with price projections indicating a substantial rise in the coming months. With a bullish outlook supported by technical indicators and market trends, Toncoin ( CRYPTOCAP:TON ) is positioned as a key player in the cryptocurrency landscape, offering investors and enthusiasts alike the opportunity to participate in the future of decentralized finance.
As the partnership between TON Foundation and HashKey Group continues to unfold, the stage is set for further advancements and innovations within the TON Ecosystem. With a shared vision for growth and development, the collaboration promises to unlock new opportunities and drive Toncoin to new heights of success and adoption in the ever-evolving world of cryptocurrency.
In conclusion, the strategic partnership between TON Foundation and HashKey Group represents a significant milestone for the TON Ecosystem and Toncoin ( CRYPTOCAP:TON ). With a focus on supporting projects, enhancing accessibility, and driving growth, the collaboration sets the stage for a bright and promising future for Toncoin ( CRYPTOCAP:TON ) and its community of supporters worldwide.
📈TON Coin: Riding the Telegram Wave to Potential Gains🚀🔍Today, we delve into Telegram Coin, or TON, following our successful previous analysis that led to a remarkable 140% profit on our initial entry.
💥The price continues its upward trajectory with significant momentum, while the RSI indicator signals overbought conditions, nearing 89.92, often indicating an impending correction. There's a possibility of entering a long-term range-bound phase.
✨Analyzing the pivot points, we've reached the yearly R4 level, which could act as a resistance. However, if the price consolidates above R4, it could potentially double in distance from the midline to R4, setting a target at $15.
💎Furthermore, considering Fibonacci extensions, the crucial level of 2.618 aligns with the pivot-derived level, suggesting it as a significant target.
💸For those who bought the coin at lower levels, it's advisable to hold off on profit-taking for now. Monitoring Bitcoin's reaction to the upcoming halving event could provide valuable market insights. However, if you choose to secure profits, consider withdrawing your initial investment and letting the remaining profit ride, given the coin's high growth potential.
📊The trading volume has surged significantly, indicating robust market activity without any apparent signs of weakness.
🚨As for entry points for new buyers, it's prudent to exercise patience and avoid FOMO. Wait for the market to either consolidate or undergo a corrective phase before considering entry based on your established strategy.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2
✅ +27% PROFIT TRADE REVIEW: $TONUSDT part 2- TON is acting great
- It is a good place to improve the worst case scenario and move stop loss
- I would protect +15% guaranteed win on the position IF i have not sold before (READ PREVIOUS ALERTS I OFFERED A FEW SCENARIOS HOW TO PROTECT GAINS)
- If you sold half already at +25% Profit, then you can keep previous stop at +10% and give it more room to play out (I generally prefer to move stop loss and 'choke' the position out)
✅ +24% PROFIT TRADE REVIEW: $TONUSDT- Coin continues to move up, today it soared +24% profit
- When a position makes such move, I start to aggressively protect and guarantee myself a profit.
- I would advise 1 of 2 things:
a) raising Stop loss to +10%
OR
b) sell half and keep original stop
a) or b) depend on your goals, risk torrelence and profit targets
TON: sell in high CH📊Analysis by AhmadArz:
🔍Entry: 5.384
🛑Stop Loss: 5.453
🎯Take Profit: 5.303-5.160-5.046
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
TON What will happen in the near future!!
TONUSDT is in the ascending phase by the cup and handle.
TON is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
❗ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail.
🤑 Stay great my friends.
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Thank you and for more ideas ❤️like❤️ and 🌟follow🌟!
TONnz of bytez, bonjour, PaulHi there, my dearz! Tha time haz come to reveal newcommers of this bullrun! mista namba van - attractive brunette with his project with chatz, walletz and total surveillance.
Paul's Du Rove';z TON!
The giant Mr.T gave the first impulse 1-3-5, and now we have 2 paths.
Or is it 1-3-5 of the 1st degree - then we can expect a deep correction of wave 2 (from 0.38 to 0.84 fib)
OR The giant Mr.T gave the first impulse of ABC, meanin', that Wave A iz done, now we are waitin' correction Wave B (0.236-0.864 fib) and Wave C, which can be a Diagonal'
ANYWAY !!
u see sll at the chart, what im I tellin', SO BUST THIZ IDEA IF U UNDERSTAND IT
cheerz
TON Price Rallies Amidst Telegram Accepting $TON for Ad PurchaseTelegram, a leading messaging platform, has recently announced the introduction of TON-based ads, which have the potential to offer numerous advantages for advertisers seeking cost-effective and efficient advertising solutions. Toncoins, a cryptocurrency powered by the TON Blockchain, can now be used to purchase these ads, leveraging the blockchain's low transaction fees and high-speed transactions to ensure a seamless process.
The TON-based ads system offers advertisers complete autonomy over where their advertisements appear and how much they spend, allowing them to target specific channels that align with their target audience, ensuring maximum reach and effectiveness for their advertising campaigns. In addition, channel owners stand to benefit from a generous reward system that allows them to receive a significant portion of the revenue generated from ads displayed in their channels - a remarkable 50%, to be exact. With over 1 trillion views in channels every month, channel owners have the potential to earn substantial revenue through this new reward system.
Telegram's CEO and Founder Pavel Durov has unveiled a strategic plan aimed at maintaining decentralization and stability amidst concerns about the concentration of Toncoin ( LSE:TON ) supply within Telegram's ecosystem. Telegram's proactive strategy involves limiting its share of Toncoin to approximately 10% of the total supply, thereby ensuring a more equitable distribution of the cryptocurrency.
Meanwhile, Toncoin ( LSE:TON ) has continued to demonstrate resilience and strength in the market, with a current price of $5.24 USD, a 24-hour trading volume of $198.8 million, and a market cap of $18 billion. Despite fluctuations in the market, Toncoin ( LSE:TON ) has rallied by 1.80% in the last 24 hours, signaling positive investor sentiment and confidence in the cryptocurrency's future prospects. Toncoin ( LSE:TON ) is currently trading above the 200-day Moving Average with a bullish Relative Strength Index (RSI) of 73, indicating a positive outlook for the cryptocurrency.
The Rise, Fall, and Resurgence of TONIn the tumultuous realm of cryptocurrencies, few projects have elicited as much excitement, controversy, and speculation as the Telegram Open Network ( LSE:TON ). From its ambitious inception to its legal battles and recent resurgence, the journey of TON is a testament to the volatile nature of the crypto landscape.
ICO Triumph and Legal Turmoil:
Telegram's initial coin offering (ICO) in 2018 raised a staggering $1.7 billion, signaling widespread investor enthusiasm for the project. However, the SEC's legal intervention in 2019 cast a shadow over TON's future, alleging violations of securities laws and forcing Telegram to abandon its blockchain ambitions.
Revival Amidst Adversity:
Despite regulatory setbacks, LSE:TON resurfaced in 2023 with the launch of its crypto wallet and integration into Telegram's messaging platform. The announcement sparked a surge in Toncoin's price, underscoring renewed investor optimism in TON's potential.
Monetizing Content with Toncoin:
Telegram's foray into content monetization through Toncoin represents a bold move towards empowering content creators and channel owners. With plans to reward ad displays in Toncoin and open its ad platform to channel owners globally, Telegram aims to unlock new revenue streams while enhancing user engagement.
Price Dynamics and Future Prospects:
Despite past volatility, TON's recent price surge and growing ecosystem activity signal a potential resurgence. Speculation surrounding Telegram's IPO and bullish market sentiment hint at the possibility of TON surpassing the $10 mark in the near future.
Navigating the Future:
As LSE:TON navigates regulatory hurdles and market dynamics, its success hinges on regulatory compliance, technological innovation, and community engagement. With its fate intertwined with Telegram's vision and market sentiment, TON's journey continues to unfold amidst a backdrop of uncertainty and opportunity.
🟢 TON Trade Plan: Support Turned Potential Entry 📈🚀🎯 Entry Point:
Consider entering the trade between $4.88 and $5.00, anticipating support confirmation.
🎯 Take Profit:
Target profit around the All-Time High (ATH) level at $6.38.
🛑 Stop Loss:
Place the stop loss at $4.73 to mitigate potential losses.
📊 Strategy Rationale:
Capitalizing on potential support at current levels and the bullish momentum from the recent All-Time High.
Targeting the previous ATH as a profit-taking level, assuming a continuation of the uptrend.
Setting a stop loss to manage risk in case the support fails and the price experiences a deeper correction.
📉📈 Note: Monitor price action closely for confirmation and adjust the strategy according to market conditions. #TON #TradingStrategy #SupportEntryPoint 🟢📊
TON Fib Retracement - additional buying areas | Strong Bullish🔎 Fundamental analysis :
TON has announced that channel owners will receive 50% of ad revenue generated in their channels, distributed solely in Toncoin $OKX:TONUSDT. The new way of circulation of this coin in the economy will lead to the higher price. We can see something very similar with Binance and their BNB which has integrated tightly with their ecosystem and it has very strong circulation channels that leads to the higher price and amount of people use it as well.
Also, Telegram has enormous amount of users and any further integrations and new projects based on the OKX:TONUSDT ecosystem will enable many people to try them out very quickly, because they're already using the Telegram messanger.
👨🏻💻 Technical analysis: :
Since, the announcement of paying out a 50% of revenue to the cannel owners we have been seeing a strong bullish price spike. We haven't seen a correction yet, so according to this thought current idea suggests following Fib retraicement levels: 0.236 (4$), 0.382 (3.6$), 0.5 (3.4$) as good discount areas for purchasing to the continuation of the Up trend. The Stop Loss area is below the Strong Support level - 0.786 (2.5$)
💭 Sentiment analysis:
🛠️ TBD
👥 Please, share your thoughts or criticism about this idea in the comments section below. Your opinion matters and it'll be helpful for the community to understand a broader picture and shape more objective vision of the asset's price
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Disclaimer:
The information provided is for educational purposes only and should not be considered financial advice. Trading carries risk, and past performance is not indicative of future results. Conduct your own research before making any investment decisions
Toncoin Faces Turbulence as Spain Temporarily Bans TelegramToncoin (T NASDAQ:ON ) investors were met with turbulence as Spain's High Court ordered the temporary suspension of Telegram services in the country. This move, prompted by complaints from media companies regarding unauthorized content distribution on the platform, sent shockwaves through the Toncoin market, leading to a significant price drop.
Spain's High Court Halts Telegram Services:
The decision to suspend Telegram services in Spain stems from grievances raised by prominent media companies, including Atresmedia, EGEDA, Mediaset, and Telefonica. Allegations of unauthorized content distribution prompted Judge Santiago Pedraz to order the temporary ban, pending further investigation. With Telegram being the fourth most-utilized messaging service in Spain, this development marks a significant setback for the platform and its affiliated projects, including Toncoin.
Toncoin Price Takes a Hit:
In response to the news of Telegram's suspension in Spain, Toncoin ( LSE:TON ) experienced a rapid decline in its native token price, plummeting by over 5% within hours but gradually spiked by 10.66% currently trading at $4.91.
Toncoin ( LSE:TON ) is exhibiting a Trend reversal after plummeting by 5% hours later the asset surged by about 11% with a Bullish Relative Strength Index (RSI) of 75.
This downturn comes despite recent positive developments surrounding Telegram, such as its IPO plans and successful bond sales, which raised $330 million in investment. However, the fallout from the suspension highlights the vulnerability of Toncoin ( LSE:TON ) to external regulatory pressures and underscores the importance of regulatory compliance in the cryptocurrency space.
Navigating Uncertainty:
Despite the setback, Toncoin's price trajectory exhibits signs of resilience, with a 10% increase over the past 24 hours and a 27% surge within the week. This resilience is fueled by recent announcements, including the $115 million TON distribution and the launch of Telegram's advertising platform. These developments signal potential avenues for Toncoin's adoption within Telegram's ecosystem, driven by advertising revenue opportunities and the platform's expanding user base.
Opportunities Amidst Adversity:
While Spain's suspension of Telegram services poses immediate challenges for Toncoin, it also presents opportunities for strategic adaptation. Investors and stakeholders can leverage this moment to reassess Toncoin's regulatory compliance measures and strengthen its positioning within Telegram's ecosystem. Furthermore, continued innovation and partnerships can mitigate the impact of regulatory uncertainties, ensuring Toncoin's long-term viability and resilience in the face of external disruptions.
TON NEW INCREASE VOLUME IN TRENDTON shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is a basic choice on daily trends.
There is a good chance this coin can become a running volume coin for the next period.