The last bullish chance of TONCOIN in short-term !!The price is symmetrical in the triangle, which means that we should wait for the triangle to break.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TON
Price reboundTON is currently in a triangular pattern, signaling a balance between buying and selling pressures. This pattern is often considered a precursor to the continuation of the previous trend or a trend reversal.
Support Range:
TON is approaching the identified support range. This support range acts as a crucial point to prevent further price declines and can provide the basis for a price rebound and the start of an upward move.
Resistance Levels:
If the price rebounds from the support range, the key resistance levels are at $0.013 and $0.014. These levels can be considered price targets for an upward move.
Keep TON on your watchlist.
Phemex Analysis #11: TON_Is it Time to Buy the Dip?PHEMEX:TONUSDT.P experienced a meteoric rise from $2 to its all-time high (ATH) of $8.284, representing a staggering 400% increase in just four months. While the broader cryptocurrency market faced a downturn since March, TON demonstrated resilience, continuing its upward trajectory. However, the recent drop below the 1-day 50 EMA and formation of a lower high at $7.64 suggest a potential bearish trend emerging.
Given the current market conditions, investors are pondering whether it's an opportune moment to accumulate TON at a potentially discounted price. It's noteworthy that several prominent institutions, including Pantera Capital and DWF Labs, maintain a bullish outlook on the project.
To navigate the evolving market dynamics, it's essential to consider potential price scenarios:
Consolidation and Subsequent Rally: The price may stabilize around the $6.35 support level before embarking on another upward movement. If TON surpasses its previous ATH of $8.284 with substantial trading volume, it could signal the onset of a sustained bullish trend. In such a scenario, investors might consider chasing the upward momentum to capitalize on potential gains.
Extended Downtrend: Alternatively, the price could breach the $6.35 support level and continue its downward trajectory, seeking support at $6.0, $5.60, or $4.60. These levels could present attractive entry points for long-term investors if a reversal occurs, indicating a potential buying opportunity.
It's crucial to recognize that the TON ecosystem is still in its nascent stages, with substantial growth prospects on the horizon. The project's potential is undeniable.
Note: Our SocialFi Platform - Pulse now had 500 $PULSE Airdrop for all Phemex users. Check it out now.
TON Coin AnalysisToncoin (TON), has seen remarkable price appreciation from February to July 2024. The TON token price surged from $2.2052 on February 15, 2024, to an all-time high of $8.2889, representing a 375.8% increase. By February 28, 2024, the rally had started, creating significant higher highs and lower lows.
The price appreciation can be attributed to several factors, including the growing adoption and usage of the TON network, the successful launch of the Open League incentives program, and the integration with Telegram's large user base. Additionally, the partnership with Tether to release $60 million of USDT on the TON blockchain has further bolstered the network's credibility and utility. In February, Telegram announced ad revenue sharing, which splits profits 50/50 with channel owners. Most importantly, the revenue is paid out in TON’s native token, Toncoin, and facilitated through the network, further increasing the trading volume.
On the one-day timeframe, TON is forming a rising wedge, which is a sign of a potential bearish reversal. Although there is room for hitting a new all-time high (ATH), we can expect TON to break down from the wedge if no other external factors are involved.
Examining the oscillators in the same timeframe, the Relative Strength Index (RSI) stands at 50.5635, forecasting a neutral sign. However, the MACD level (12, 26) stands at 0.0150, signaling a bearish shade. Moving averages, both SMA and EMA on larger periods, indicate a bullish trend, while the lower periods indicate bearish signals.
#TON/USDT#TON
The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly
We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 6.40
We have a trend to dot higher than the 100 moving average
Entry price 6.65
First target 7.01
Second target 7.30
Third target 7.62
The last bullish chance of TONCOIN in short-term !!COINEX:TONUSDT
TON is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
TON Coin: Bullish 'Mews' and News 🚀😺 TON Coin: Bullish 'Mews' and News 🎯📈
The TON blockchain ecosystem is on a remarkable journey with impressive price targets and increasing adoption, particularly in innovative applications like Telegram Cats. Let's delve into the latest price analysis and ecosystem milestones.
Price Analysis:
Initial Entry: Identified in early September, the breakout from consolidation marked the first entry point.
Target 1 ($2.897): The price reached the first target, confirming the bullish trend.
Target 2 ($4.519): The upward trajectory continued, hitting the second target.
Target 3 ($6.996): Momentum carried on to the third target.
Target 4 ($10.347): The next target projects the price to around the 10.347 level, indicating further growth potential.
Target 5 ($16.206): The final target suggests the possibility of the price reaching up to 16.206, showcasing the long-term bullish outlook.
Support and Resistance Levels:
Support: The 6.996 level has now turned into a strong support zone.
Resistance: The current resistance level is at 7.402.
Ecosystem Highlights:
Surpassing Cardano: TON has surpassed Cardano in staking market cap, solidifying its position as a top PoS network. This achievement underscores the growing adoption and robustness of the TON ecosystem.
Binance's Investment in Gaming: Binance's investment in the Telegram-based gaming bot Catizen highlights the integration of TON with mainstream platforms, aiming to enhance blockchain-based gaming experiences.
Telegram Cats & Open League Success: The second season of The Open League saw the blockchain game Catizen top the ecosystem application list, achieving a UAW of 92,936 and over 1 million on-chain transactions. Catizen's success exemplifies TON's commitment to fostering innovation and competition within its ecosystem. This playful integration with Telegram has significantly boosted user engagement and adoption.
What's Next?:
With strategic investments and continuous innovation, TON is poised for further growth and adoption.
The success of The Open League and projects like Catizen showcases the vibrant and competitive environment within the TON ecosystem, promising more groundbreaking projects in future seasons.
Investors and stakeholders should stay tuned to TON's ongoing developments and strategic initiatives, as the network continues to strengthen its position in the blockchain space.
One Love,
The FXPROFESSOR 💙
References
Previous Posts:
Telegram's TON Coin: A Rollercoaster Ride
Telegram's Blockchain Supercomputer
Telegram's TON Coin: A Rollercoaster Ride
News Sources:
TON Surpasses Cardano in Staking Market Cap
Binance Invests in Telegram Gaming Bot Catizen
The Open League's Second Season Ends
Potential upward movement towards $7.7After touching the support level of $6.77, the price of TON has moved upwards and is currently fluctuating between the $6.85 and $7.7 levels. This fluctuation indicates that the market has not yet made a decisive move in its next direction.
The likely scenario is that after a price drop to the lower channel boundary at $6.85, it will resume its upward movement towards the price target of $7.7.
TON buy setupThe symbol TON is one of the good currencies of the market, which has been in a bullish structure for some time
I consider a POI range for TON which can reject the price to the upside.
I have specified the targets on the chart.
Closing a daily candle above the invalidation level will violate the analysis.
Note that the financial market is risky, so:
Do not enter a position without setting a stop and capital management and confirmation and trigger.
When we reach the first TP, save some profit and try to move the stop continuously in the direction of your profit.
If you have any comments please post them, comments will help us improve our performance
Thanks
THE OPEN NETWORK (TON 4H) The Open Network (TON) is designed as a distributed supercomputer, or “superserver,” intended to provide a variety of products and services to contribute to the development of the decentralized vision for the new internet. A decentralized and open internet, created by the community using a technology designed by Telegram. With an increasing TVL and a growing ecosystem the future looks good for TON.
The TON chart is a very interesting one. Over the last few month it has performed very well despite the overall market conditions.
A near 300% increase since FEB compared to 45% for BTC, and has maintained most of its gains when compared to other altcoins.
The TONBTC chart is one of the strongest out there, massively outperforming BTC in the recent months to maintain a bullish trend.
Both BTC & USDT pairs are above the 4H 200 EMA.
CERTIK top 10 on every category ( Fundamental 80, Operational 92.19, Governance 94.73, Market 95.94, Community 95.38, Code 97.31).
My trade idea based on these points is simple:
- Flipping the 4H 200 EMA as support.
- Flipping the range MIDPOINT as support.
- Respecting the diagonal support trendline.
- After breaking out of the bearish trendline, now retesting it as support.
-The STOP LOSS comes into play once all of the above areas of support and confluence are broken, the trade is obviously invalid at this level once losing market structure, range midpoint & Key S/R level.
The overall trade R:R I feel is good at this point purely because of the clear support areas at this level. I think a lot of this trade will require BTC to behave and continue its recovery, it may be bearish for the BTC pair but not the Stable pair.
Where to buy TON?The big structure of TON is bullish, but with the bearish CH we see on the chart, it seems that it intends to make a range or make an internal pullback.
The green area is where we look for buy/long positions.
The target can be the red box.
Closing a daily candle above the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TONUSDT Trade SetupTON looks good for a long entry. A nice rebound has taken place with the price currently facing a 50 EMA resistance at $7.321.
Entry: $7.062 to CMP.
Stop loss: $6.936.
Leverage: 5x to 10x.
R:R: 3:11.
Targets: $7.534, $7.732, $7.935, $8.235.
Accumulate the dip and use SL for a safe trade.
DYOR, NFA.
Thanks
#TON #Crypto
How to double your Bitcoin with TONBTCThe long term analysis on TONBTC shows a completion of a 440 days of an ABC correction. Based on the Elliott Wave pattern we expect a continuation of an uptrend, and potential completion of a major wave 3 to the upside.
The nearest upside target is 80% away, which allows nearly double the Bitcoin value.
What do you think of this setup?
TONCOIN🚀 TONUSDT Trading Analysis 🚀
📊 This chart for TON/USDT on the 1-hour timeframe shows a significant downtrend line (black) that has been recently broken, signaling potential upward movement. 📈
Key Levels:
Resistance Zone (Red): 7.254 - 7.500 ❌
Support Zone (Red): 7.085 - 7.162 ✅
Major Support Zone (Green): 6.370 - 6.460 🟢
Target Prices (TP) 🎯:
TP-1: 7.382
TP-2: 7.548
TP-3: 7.664
TP-4: 7.849
TP-5: 8.053
TP-6: 8.087
TP-7: 8.112
Analysis 🔍:
The trader expects the price to rise after breaking the downtrend line, targeting the levels mentioned above. Entry and exit points are:
Entry Point: Around 7.321 (just above the support zone) 📌
Targets: From 7.382 to 8.112 📈
Stop Loss: Around 7.085 (below the support zone) 🛑
Strengths & Weaknesses:
Strengths: Breaking the downtrend line and proximity to the support zone 💪
Weaknesses: Strong resistance zones ahead 🚧
Overall, this is a long trade setup expecting a gradual upward movement towards the target prices based on technical analysis. 📉➡️📈
TONUSD is approaching the uptrendHey Traders, in today's trading session we are monitoring TONUSD for a buying opportunity around 7.25 zone, TONUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 7.25 support and resistance area.
Trade safe, Joe.
TON → Is the coin still bullish? When is $10.00?OKX:TONUSDT still continues to accumulate potential with the purpose of breaking through resistance 7.671 and continuing growth. Bulls are actively defending the zones of interest and continue to hold the positive market structure.
Demonstration of a bullish structure. Continuation of upward movement on W1
Earlier, on the background of the general market correction the price formed a false breakout, which did not lead to a break of the bullish structure or to a strong fall. From the area of interest (without capturing liquidity) buyers are actively buying the asset and again trying to return to the resistance retest, which will only increase the chance of a breakout. Fundamentally and technically, TON looks very positive at the moment. But this does not mean that sellers are unable to change the nature of the price movement.
Conditions under which the upward movement and positive structure will be broken
Resistance levels: 7.671, 8.288
Support levels: 6.727, 6.202
Technically, there is a high probability of a continuation of the upward trend, but there is also a probability of a support break, which will break the uptrend and change the market imbalance. At this point, while the price is consolidating and continues to shrink to resistance, we should consider a bullish set-up.
Regards R. Linda!
Frankly, I don't feel like explaining, the chart says it all !!COINEX:TONUSDT
As you can see, the price reached the end of the channel and the triangle, and now the bullish candle closed above the EMA100, which can be a good signal for the price increase, and as you can see, the downward waves (ABC) have ended.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!