TON: Approaching ResistanceTrade setup : This asset has shown relative strength - while markets pulled back, it's marched higher. It's now pushing up against that $7.70 resistance for 3rd time in 3 months. It's formed an Ascending Triangle, with each rejection and pullback shallower than before, the dips are smaller and smaller...buyers are eager to accumulate. BTW, we also issued a bullish fundamental research report ("Coin Pick") on TON recently (May 24) that suggests there's 80% upside based on comparable valuation of other L-1 and L-2 networks. If price breaks above $7.80, it could swing to $10 for +25% gain. Stop Loss (SL) at $6.70, just below prior swing low. If it gets rejected again and pulls back near $6.00 support, we would be buyers for another swing trade entry in Uptrend with +30% upside potential back to $7.70.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Up, Medium-term trend is Strong Up and Long-term trend is Strong Up.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $6.00, then $5.50. Nearest Resistance Zone is $7.70, then $10.00.
TON
NOT a memecoin!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 After rejecting the $0.03 round number, NOT has been overall bearish, entering a correction phase in the shape of a falling wedge pattern.
🏹 For the bulls to take over and start the next impulse phase, a break above the inverse head and shoulders neckline marked in red is needed.
Meanwhile, NOT would remain bearish, and a movement towards the blue demand zone would be possible.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Toncoin TON price are preparing for a strong moveNow #TONUSDT price is being squeezed quite firmly under the strong level of $6.7-7, which was mentioned 4 months ago
It looks like they are preparing for a strong move.
The intermediate target for #TON is $11.50, the final one is $13.50, is it realistic?)
🤪 But which route?
💙 $6,80 👉8,20 👉$6,80 👉$9,20 👉$8,20 👉$13,50
❤️ $6,80 👉$5,60 👉$8,20 👉$6,80👉 $11,50
Vote in the comments
Does TON have a correction ahead?After the completion of the bullish diametric, TON seems to be forming an ABC (flat) pattern.
It is expected that the specified supply will be maintained.
In this analysis, we consider the target as the green box.
Closing a candlestick above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
TON Coin ! Correction ?Toncoin is full of news and events on this project's platform
Weakness of the uptrend can be observed due to decreasing volume and rising price. The uptrend line, which has moved less and less upwards each time it has been hit, indicates that we can expect a correction. However, once our uptrend line is broken and we consolidate below the $6 Range (daily candle closes),
And if you pay attention to RSI the line has a downward trend and this indicator also confirms that we can have a correction
Now if this happens, our first target could be the $5.59 Range, then the $(4.8 - 4.59) zone.
And if our uptrend line throws the price upwards, we can expect the $(7.5 - 7.88) Range to be broken, in which case our targets could be $10.12 and then $13.58.
Please note that the confirmation of the zone is the daily candle close.
And know that this is my analysis and is not financial advice at all, there is no 100% in the financial market.
I would be happy to hear your opinion as well?
Potential shift in market sentimentTON has successfully broken its downtrend line, indicating a potential shift in market sentiment. Monitor for corrections down to the $6.8 level, as this could provide a consolidation phase before the next upward move. After completing the pullback, TON/USDT could potentially reach mid-term targets of $8.5 and $9, suggesting significant upside potential.
NOT - Bullish or BearishBINANCE:NOTUSDT surprised me, I wasn't even aware of its existence until recently and I am an active user on Telegram.
It was clear that from 0.0016 there was massive manipulation in the market and billions were pumped in the space of just a few days. What followed shortly after was a massive sell off which left a lot of people who FOMO'd in holding a bag at the 0.0029 level.
With this being said, a bounce occured after to 0.0026 and the price now seemingly descends in a channel. Either direction being a possibility. With the bag holders shaken by the sell-off, driving a massive selling pressure, and those anticipating one more pump, the price has tried several times to break the channel to no avail but has not yet broken down the 0.0020 level either.
My question is: Which way will it go? I personally am looking for an entry between 0.016- 0.0018, this would be an ideal zone to buy, but the price seems very settled at 0.0215 with many bullish flags appearing on the smaller time frames.
It's a confusing currency as it does not adhere to standard technical analysis. With the CRYPTOCAP:BTC.D still very high, with high alts like CRYPTOCAP:BNB now increasing, it seems the attention is not on low alts or meme coins at the moment.
Is this coin with billions in market cap likely to lose a billion in order to reach 0.0015? The 4H EMA suggests stagnation and a possible bearish reversal. How likely is this?
I am curious to hear your thoughts.
$TON Looks good to go long!🚀 LSE:TON Breakout Alert! 🚀
Toncoin ( LSE:TON ) is breaking out of a symmetrical triangle pattern and is currently retesting. 📈
Entry Point: Start accumulating once the price exceeds $7.165.
Targets: Midterm Goal: 60% increase
Long-Term Goal: 120% increase
Trading Options: STRK is available for trading in both spot and futures markets. Purchase on the spot market or go long on futures with a stop-loss at $6.07.
Leverage: 3X to 5X
🔍 About Toncoin (TON):Toncoin is the native cryptocurrency of The Open Network (TON), a decentralized layer-1 blockchain. Initially developed by Telegram as the Telegram Open Network with a token called 'Gram,' the project was halted in 2020 due to an SEC court order. An independent community, including the TON Foundation, has continued development, renaming the blockchain and introducing Toncoin as its native cryptocurrency. With a whitepaper featuring code by Dr. Nikolai Durov, Telegram's co-founder, TON uses a proof-of-stake (PoS) consensus model. The TON Foundation aims to empower 500 million users with digital ownership by 2028 through a Web3 ecosystem within Telegram Messenger.
🔍 DYOR, NFA 🔍
#Crypto #altcoin
NOT Any Token!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NOT has been overall bullish, trading above the rising trendline in blue.
Currently, NOT is undergoing a correction phase within the falling red channel.
Moreover, it is retesting strong demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NOT approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The level defense patternI use the concept of a level being defended by either a buyer or a seller to find potential buying or selling opportunities. This is a specific pattern that can be identified on a chart. Let's consider one variant of this pattern. In this variant, the defense of a level by a buyer looks as follows: a buyer's candle closes above the level. Then, a seller's candle or candles interact with the level, followed by the appearance of a buyer's candle, which needs to be evaluated. If it meets the criteria, entry points can be identified.
Let's look at a concrete example. The pattern developed over 10 hours.
On the chart, blue-shaded areas represent 2-hour buyer's candles, and red-shaded areas represent 2-hour seller's candles. After the buyer pushed the price back above the 6.733 level, they attempted to resume from the 6.7571 level, the volume of the buyer's candle (632K) was less than that of the seller's candle (1.274M).
Then, the seller attacked the 6.733 level with increased volume (709K) but could not push the price below this level. Note where POC of the volume profile for the 2-hour seller's attack candle is: below 6.7571. The high of the attack candle is at 6.8166.
The next buyer's candle had increased volume (792K). Notice where the buyer's movement started in this candle: from the POC of the volume profile of the seller's attack candle.
Now entry points can be identified. In this example, the entry points are visible on the 1-minute time frame. The chart shows two entry points. Note how volumes are distributed at these points and the resulting buyer's zones (blue rectangles on the chart).
The first entry point is the defense of the breakout from the range by the buyer, which was formed in the previous 2-hour candle (RPL on the chart, 6.7784).
The second entry point is the defense of the high of the attacking 2-hour seller's candle by the buyer (6.8166 level).
suitable price for BUY and SALE? $TONToncoin (TON) is the native cryptocurrency of the decentralized layer-1 blockchain, The Open Network (TON). The TON blockchain is open-sourced and supported by many network contributors, including the Switzerland-based non-profit organization, the TON Foundation.
TON ( toncoin ) tm:1hHello traders.
I hope you doing well.
These areas are based on my personal strategy and I will share it with you.
Open a sell position on the supply area or open a buy position on the demand area.
Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account.
But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading.
I hope you will achieve maximum continuous profit with me by using supply and demand areas.
Good luck traders.
Mohammad Goodarzi
Hamster Kombat Telegram Game to Launch Token on The Open NetworkHamster Kombat, a popular crypto game on Telegram, is set to launch its token on The Open Network ( LSE:TON ). With 60 million users and 20 million subscribers, Hamster Kombat has gained significant popularity in the crypto industry. The game, based around a hamster CEO, has amassed 60 million users since its launch in March. Notcoin ( GETTEX:NOT ), another Telegram game, has recently launched its GETTEX:NOT token, which has been this year's biggest gaming token launch so far.
Hamster Kombat takes the Telegram-based clicker premise and evolves it by allowing players to assume the role of CEO at a crypto exchange. Players tap to get points, which can be used to buy things that promote their exchange. For example, players can create a YouTube channel, go on Joe Rogan's podcast, or host a "special hamster conference" that passively earns points back.
As another tap-to-earn game, it is likely that points earned in the game will eventually be able to be converted into tokens. Notcoin ( GETTEX:NOT ) also launched its token on The Open Network, and the massive airdrop that came with it saw GETTEX:NOT break past a $1 billion market cap. Now, Hamster Kombat is gearing up to launch its own token with nearly three times more Telegram subscribers than Notcoin ( GETTEX:NOT ). While the game has announced its intent to launch a token on The Open Network, it has yet to reveal when exactly this will happen.
Brief TON Analysis | Bearish Trend? Key S & R Levels 8H TFOn the 8H TF for TON, after hitting an ATH in Apr 2024, the price corrected by 40%, establishing a new Higher Low. The subsequent recovery was accompanied by a minor sideways trend, but the price failed to reach and overcome the previous high, forming a Lower High, signaling weakening buying pressure. This was followed by a corrective pullback and transition into a sideways trend. The current consolidation range is between $6.00 and $6.70, which can be considered local support and resistance zones.
◼️ During this consolidation phase, trading volumes have decreased, indicating market uncertainty and a lack of strong interest from participants. Holding above $6.70 could lead to testing the resistance levels at $7.10 and $7.46. An increase in volume upon breaking these resistances will be crucial confirmation for this scenario. Conversely, failure to break and hold above the local resistance zone might result in a pullback to the support areas around $5.60. If these support levels fail to hold, further declines and the formation of a new lower low are possible.
◼️ The current chart setup points to uncertainty and the potential formation of a sideways trend with a bearish bias. Close monitoring of trading volumes and price reactions at key support and resistance levels will be critical to confirming the next direction of the trend.
Disclaimer: Content for seasoned traders only. Not financial advice. You bear sole responsibility for trading outcomes. ➖ DYOR
🔵 $JETTON Crypto gaming platform, maby he can 🚀Today for analysis I would like to take a coin from the #TON ecosystem.🫰
There are several points why I decided to enter this trade:
- An excellent road map, there are points that can serve as triggers for price movement and project development
- The product is multi-platform and integrated into the messenger, which allows you to quickly interact with it
- Potential audience of the platform is 800 million users
- The project appeared on the MEXC exchange with high daily volume
Conservative, very realistic goals for the project are 4-5$, but we don’t know what the CEO of the project has in mind, it’s quite possible to see 10+$ per token
There are corresponding risks, I will not voice them, follow risk management and make decisions consciously.
I'll update the forecast as I progress.
🫰🚀💰
Notcoin (NOT) Spike 50% Marking Biggest Gains After AirdropNotcoin ( GETTEX:NOT ) has experienced a significant price surge, with open interest reaching over $100 million and short liquidations exceeding $4.4 million. This surge coincides with the increasing popularity of Notcoin ( GETTEX:NOT ), a play-to-earn Web3 game hosted on Telegram, which allows users to convert their in-game currency to GETTEX:NOT tokens. The coin experienced a notable rebound following its airdrop, which initially failed to deliver immediate gains for holders.
Crypto analyst forecasted bullish sentiment for GETTEX:NOT in the mid-term, with dips being for buying. Notcoin's social sentiment experienced a surge after the airdrop, and its recent price surge has thrust it back into the spotlight. The project's team recently drew comparisons between Notcoin ( GETTEX:NOT ) and Bitcoin, marking this milestone with the announcement of GETTEX:NOT Airdrop Phase 1. A recent Twitter poll overwhelmingly favored Notcoin over Bitcoin, garnering 13.8% of the votes.
In the last 24 hours, Open Interest surged from $44 million to $101 million, coinciding with a price increase of over 40% within the same timeframe. This surge indicates strong bullish sentiment in the Futures market, with traders demonstrating a willingness to take long positions. The recent uptick in prices also led to a flurry of short liquidations, with more than $4.4 million in short liquidations happening in the last 24 hours.
The market is showing bullish sentiment towards Notcoin ( GETTEX:NOT ), driven by the introduction of an innovative feature called "earning missions," which enables users to passively earn GETTEX:NOT tokens by engaging with partner projects and communities. Additionally, users can boost their rewards by staking GETTEX:NOT , with higher tiers offering substantial returns, significantly increasing the project's appeal to both new and existing investors.