TON TON / USDT
Toncoin is trying to breakout the 6 months downtrend line, Sustained close above it open the doors for more highs soon
Best of wishes
TONUSD
Chart Analysis: TON/USDTThe chart provides a technical analysis of the cryptocurrency pair TON/USDT on a daily timeframe. Key elements include:
Price Action : Candlestick patterns illustrate the price movement of TON/USDT over time.
Trend Lines : Two descending orange trend lines indicate a downtrend.
Support and Resistance Zones :
A grey shaded area around the price level of 4.780, indicating a support zone.
Another grey shaded area around the price level of 6.883, indicating a resistance zone.
Projected Price Movement : Blue lines suggest potential future price movements, indicating a bullish scenario where the price could rise to around 6.883 and then potentially retrace before continuing upward.
Price Levels : Key price levels are marked with green horizontal lines at 4.780, 6.134, and 6.883.
Percentage Gain : A label shows a potential gain of 2.108 (44.14%) if the price moves from the current level to the resistance zone at 6.883.
This chart is valuable for traders and investors as it provides a visual representation of potential future price movements based on historical data and technical analysis. The use of trend lines, support and resistance zones, and projected price paths helps in making informed trading decisions.
Toncoin TON price will surprise everyone💎If you look closely at the OKX:TONUSDT chart, you can see/think that the last six months have seen a global trend reversal pattern - Head and Shoulders.
But! This pattern will be confirmed after the price of CRYPTOCAP:TON is firmly fixed below $4.50. Then the target is $2.30-2.50.
However, this is all very obvious, trite, and not interesting)
We want this idea to become prophetic and Legendary, so we hope for the beginning of a hypercycle of #Toncoin price growth with an ultimate goal of $93
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TONCOIN high potential and next targets (educational) Hello and greetings to all the crypto enthusiasts, ✌
🧨 summary: 🧨
Toncoin is gaining recognition in the crypto space, supported by a strong community and increasing adoption across platforms. Despite facing short-term challenges, its potential for explosive growth remains promising, especially if it can stabilize around key support levels. 📚💣
Toncoin is a cryptocurrency that has become increasingly well-known among active participants in the crypto space, establishing itself as a significant player in the market. It enjoys robust community support, which manifests through one of the largest and most engaged groups on social media platforms. This active community not only generates discussions around Toncoin but also plays a crucial role in its promotion and utilization. Various channels are continuously and dynamically used to advocate for the coin, making it an influential entity in the cryptocurrency ecosystem. 📚🔥
The widespread use of Toncoin across multiple platforms over the years has been instrumental in its rise to prominence. As more users and investors discover its unique features and capabilities, the adoption rate of this token is likely to increase, further enhancing its market presence. This growing awareness can lead to more substantial investment inflows, creating a positive feedback loop that fuels its growth. I firmly believe in the incredible potential of Toncoin and anticipate significant upward movement in its value in the near future. 📚✔
However, to better understand the current situation, we must analyze the technical aspects of Toncoin. The present technical chart suggests that the token is traversing a downward channel, indicating that the short-term price action may face challenges. The first key support level to watch closely is $4.50. This level is pivotal because if Toncoin cannot maintain its position above this threshold, we may see further declines in its value. Should the price break below this level, the next significant support area we would need to monitor is $2.80. This price point serves as a crucial buffer for the token’s stability and market sentiment. 📚🎇
If Toncoin does decline to the $2.80 level and fails to rebound quickly, it could lead to a prolonged bearish phase, which may discourage some investors. However, it’s important to recognize that the cryptocurrency market operates in cycles of accumulation and distribution. Often, after a price drop, savvy investors, particularly market whales and major stakeholders, look for opportunities to buy in at lower prices. This phenomenon can create a strong base for recovery, as these larger players accumulate tokens at attractive valuations. 📚💡
Once Toncoin reaches this critical support level of $2.80, we might witness a significant accumulation phase. The involvement of institutional investors and market whales can act as a catalyst for price recovery. These entities often have the resources and strategic insights to navigate the market effectively, and their participation can enhance overall market confidence in Toncoin. As these investors buy up tokens, they can create upward pressure on the price, leading to renewed interest from retail investors. 📚🙌
Historically, when cryptocurrencies experience substantial accumulation at key support levels, they often bounce back with remarkable intensity. This pattern can lead to explosive price movements, particularly when the market sentiment shifts in favor of the asset. Given Toncoin’s strong community backing, innovative use cases, and potential for real-world applications, it stands to reason that the coin could be poised for impressive growth in the coming months. 📚✨
Furthermore, the broader context of the cryptocurrency market plays a significant role in Toncoin's potential trajectory. As more investors seek diversification and exposure to emerging projects, Toncoin could benefit from the general market trends. Additionally, if other major cryptocurrencies experience positive price action, it often creates a favorable environment for altcoins like Toncoin to gain traction and attract new investors. 📚✌
Thank you for your attention. If you have any questions or comments, I’m here to respond to you. 🐋💡
TON Toncoin potential SelloffTelegram CEO Pavel Durov has been charged for failing to prevent extremist and illegal content on the messaging platform and placed under judicial supervision, according to the Paris prosecutor's office on August 28.
Durov must report to the police twice a week and is barred from leaving France, the prosecutor's office stated on X.
Parisian investigative judges have also ordered the Russian-born Telegram co-founder to post 5 million euros in bail.
Meanwhile, TON Toncoin is currently in a bearish falling wedge pattern, with a new price target of $3.9.
#TON/USDT#TON
The price is moving in a descending channel on the 12-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 4.60.
Entry price 4.80.
First target 5.20.
Second target 5.52.
Third target 5.82.
#TON/USDTWe have an ascending channel model on the 4-hour frame, the price is moving within it and adhering to its borders well and heading to break it down.
We have a resistance area in green at a price of 5.90 if the price touches it and rebounds from it.
We have a trend to touch the moving average of 100.
We have an upward trend on the RSI indicator that supports further decline.
Entry price 5.65.
First target 5.50.
Second target 5.22.
Third target 4.87
TONUSDT on the Edge: Major Breakout or Reversal Incoming?Yello, Paradisers! Are you prepared for TONUSDT's next big move?
💎The Battle for Bullish Continuation #TONUSDT is showing strong signs of a bullish continuation from the key support level at $5.181. If the price holds momentum here, there's a great chance it will break above the descending resistance line, paving the way for a powerful bullish surge. Over time, we’ve noticed #TON consistently respecting this resistance, and if momentum sustains, a breakout is imminent
💎The bullish scenario isn't confirmed yet. We need a decisive break above the minor resistance at $5.274 with strong engulfing candles and sustained momentum. Until that happens, we must stay cautious and avoid rushing into any positions.
💎What if Buyers Lose Steam?If #TON fails to break $5.274 and loses momentum, sellers could take control. In that case, the key support level to watch is at $5.002, which has been tested twice and held strong. A rebound here would keep the bullish outlook alive. However, if TON breaks below $5.002, the bullish setup will be invalidated, likely triggering a sharp drop in price.
💎Stay sharp, Paradisers. The next move will be crucial. Whether we see a breakout or a reversal, strategic trading and disciplined risk management will keep us ahead of the game.
Consistency, patience, and solid strategies are what separate winners from the rest.
Stick to the plan and stay focused, Paradisers! Strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
TONUSDT Short Scalp IdeaWe're seeing some strong rejection on TONUSDT here. I feel like the price is going to retest the BOS structure, and then the POI Zone below.
Just trying my luck here at the short. Ideally, I'd like to enter at the POI zone for a long position. But with such a tight SL, doesn't hurt to give it a try.
Entry Price: 5.174
SL: 5.192 (Just above recent the high of the trend.)
TP1: 5.145
TP2: 5.12
TP3: 5.07
Will be trailing my Stop-Losses.
It'll give me around 1:5.78 RR. Going in with a small volume that I don't mind losing.
Happy Trading!
TONUSDTTON ~ 1D ✅
#TON You can pay attention to this Support Block. Maybe a small purchase on this support Block is very interesting with a target of 20%++
Toncoin Resumes Its Bullish TrendToncoin with ticker TONUSD made a bigger decline recently after Telegram CEO Pavel Durov was Arrested in France. However, they were most likely just spreading the fear like back in 2022 when FTX's Sam Bankman-Fried was arrested as well, but Crypto market found the low back then and turned bullish. So, don't get scared at this stage, as TONUSD may have just finished a deeper A-B-C correction in wave (4) from where we can expect a bullish resumption for wave (5) of 3.
It's actually nicely bouncing from projected support area for wave (4), so wave (5) can be now in progress, especially if jumps back above channel resistance line and 7.3 bullish confirmation level. If that will be the case, then wave (5) has space towards 12-14 target area.
In Elliott wave theory, every impulse should be finished by a five-wave cycle.
TON buyTONUSDT 2024-09-30 | 📊 Technical Analysis and Trade Setup 💹
Toncoin (TONUSDT) is currently in a mild uptrend, trading around 5.799 USDT. The price action shows a steady recovery after a significant drop, with higher lows indicating increasing buyer strength 📈. Key support levels are at 5.611 and 5.037 USDT, while resistance stands at 6.150 and 6.750 USDT.
🚀 Buy Entry: 5.799 USDT
🎯 Take Profit (TP-1): 5.581 USDT
🎯 Take Profit (TP-2): 5.811 USDT
🎯 Take Profit (TP-32): 6.150 USDT
🔻 Stop Loss (SL): 5.037 USDT
If the price holds above the support zone and breaks through resistance, we could see further upward momentum 📈. Manage your risk with a strict stop-loss below 5.037 USDT ⚠️.
TON : The prospect of increasing?BINANCE:TONUSDT
As you can see, the price has risen after reaching the support level, and this could be the beginning of a 5-wave upward movement. The completion of the downward waves (abc) ,increases this bullish signal.
Analysis Summary:
Current Situation:
The price has risen after reaching the support level, indicating a potential bullish reversal. This upward movement could be the start of a 5-wave bullish pattern.
Wave Structure:
The chart indicates the completion of the downward corrective waves (A, B, C), increases the likelihood of a bullish trend, as the market may now enter the 5-wave upward movement.
Potential Scenarios:
Bullish Scenario:
If the price continues to rise, it could follow the 5-wave pattern, indicating a strong bullish trend. This would mean higher highs and higher lows, confirming the upward movement.
Key Levels to Watch:
Traders should monitor the support level to ensure it holds. If the price stays above this level and continues to rise, it confirms the bullish scenario.
Conclusion:
The chart combines support levels and Elliott Wave Theory to predict a potential bullish trend. The rise in price after hitting the support level and the completion of the downward waves suggest that the market may now enter a 5-wave upward movement, indicating a strong bullish signal.
✨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!!
Bearish on TONUSD: 58% to 97% Probability of Hitting TP1!Toncoin (TON) is currently facing several bearish pressures in the market:
Key Fundamentals
- Declining trading volume indicates waning investor interest
- Price action below key EMA levels (20-day, 50-day, and 100-day) reinforces bearish sentiment
- Recent completion of a Death Cross on the daily timeframe, the first since May 2023, suggests potential for further downside
- Broader cryptocurrency market uncertainty and regulatory concerns are affecting altcoins like TON
I'm employing probability-based analysis on my charts to strategically enter short positions on TONUSD.
3D:
Hourly timeframes:
Please feel free to share your ideas and thoughts!
Toncoin/USDT: Bearish Breakdown Threatening Key Support Levelhello guys.
I said my perspective about ton before:
let's go through the lower level:
The price of Toncoin (TON) is facing resistance from a descending wedge pattern, with multiple rejections from the upper boundary.
Price has not engulfed the previous highs, indicating that bulls are losing momentum and a breakout to the upside is less likely for now.
Fibonacci retracement levels are drawn, with the 0.618 level acting as a strong resistance zone.
If the current support (marked with the trendline) breaks, it could confirm a bearish continuation.
The first major target to the downside is the $5.17 level, which aligns with previous support.
A further breakdown could drive the price towards the $5.00 psychological support, a critical zone for bulls to defend.
A breakdown below $5.00 would open the path for deeper bearish targets.
Summary:
Descending wedge pattern with no bullish engulfing.
Price is testing support; a break could lead to a significant downside move.
Key support levels at $5.17 and $5.00.
Bearish continuation if these supports fail.
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✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
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Bulls Poised for a Major Breakout—Will They Seize the Moment?Yello Paradisers! Are you ready to witness a potential game-changing move in #TONUSDT? Let’s dive in and analyze why this could be the key moment for bulls to take charge.
💎#TON is shaping up an inverse head-and-shoulders pattern—a classic reversal sign that traders know often leads to explosive moves. The price is gradually pushing toward the neckline, which lies between $5.825 and $6.00. This range is critical; it hasn't been breached since August 25th. A breakout above this zone could ignite a strong bullish trend.
💎Between $6.00 and $6.85, TONUSDT has left a significant inefficiency candle unfilled—Such a gap in the market is often revisited. If bulls manage to push the price beyond the $6.00 level, TON could surge towards $6.40 initially, with the next major resistance around $6.85 to $7.05.
💎Currently, TON is sitting on a solid foundation, finding support at the dynamic EMA-50 around $5.50. This is the primary level that bulls must defend to keep momentum strong. Below this, additional support levels can be found at $5.34 and $5.15. As long as these supports remain intact, the bulls maintain control.
💎However, a word of caution—if TON slips below these critical supports, the base could be challenged, which might open the door for stronger selling pressure. It’s essential that bulls hold their ground to avoid any significant downside risk.
Paradisers! Remember, patience and strategy are key in these moments.
MyCryptoParadise
iFeel the success🌴
TON → is in a dangerhello guys.
Head and Shoulders Pattern: A classic bearish reversal pattern has formed with a left shoulder, head, and right shoulder, indicating potential downside.
Neckline Break: The price has broken below the neckline around $5.30, confirming the pattern and suggesting further bearish momentum.
Target Projection: The measured move target from the head to the neckline projects a potential drop towards $3.27.
Resistance Levels:
Immediate resistance at $5.30 (previous neckline).
Further resistance near $6.10 (potential pullback area).
Support Levels:
Immediate support around $4.60.
Major support at $3.27 (pattern target).
Outlook: Bearish, with a high probability of a decline towards the $3.27 level unless the price reclaims the neckline. Watch for any signs of reversal or a break above $5.30 to invalidate the bearish scenario.
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✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short idea on $TONAfter analyzing the TON/USDT chart, it is clear that a higher-degree correction is currently underway, with potential to reach $3. I am incorporating a 1 to 2 ratio into the chart (not ideal), but I will allocate a small balance to this idea
Further 50% decline in store for TON with bearish continuationTON/USD – Bearish Continuation with Elliott Wave & Head and Shoulders Setup
Toncoin has completed a Wave B as part of an ongoing A-B-C correction in the Elliott Wave structure. We are now entering Wave C, targeting a .618 Fibonacci level around $2.81. This level coincides with a previous high retest, adding further confluence to the idea of a potential bottom there.
Additionally, a Head and Shoulders pattern has formed, with the head peaking in May 2024 and a lower right shoulder forming around July/August 2024. The neckline sits around $5.00, and a confirmed breakdown below this level could accelerate the move toward the $2.81 target, completing Wave C.
Key Levels:
• Current Price: $5.61
• Neckline: $5.00
• Wave C Target: $2.81 (50% drop)
Both the Elliott Wave and the Head and Shoulders pattern suggest further downside, with $2.81 acting as a critical support zone. A break of the neckline could signal more selling pressure. Keep an eye on price action near $5.00 for confirmation.
TON Toncoin Potential Sell-OffIf you haven`t bought TON before the breakout:
Now you need to know that on August 24, 2024, the arrest of Telegram founder Pavel Durov by French authorities sent shockwaves through both the platform and its cryptocurrency, Toncoin (TON).
Durov's arrest, reportedly tied to illegal activities on Telegram, has been widely seen as an attack on free speech, which has paradoxically boosted interest in both Telegram and Toncoin.
This spotlight on Durov and his platforms presents both challenges and opportunities.
While the surge in activity signals increased attention, the future is uncertain.
The ongoing investigation and heightened regulatory scrutiny are likely to impact TON's market performance.
Investors and users are closely watching for further legal actions, as they could have significant consequences for Telegram and Toncoin.
With the regulatory landscape in flux, TON remains a risky investment until the legal situation stabilizes.
My price target for TON is $2.15.
TONUSD 1st 1D Death Cross in 1.5 years calls for more downside.Toncoin (TONUSD) has been trading within an established long-term Channel Up (blue) and a Diverging one (dotted), while forming a Bearish Leg since the June 15 2024 High.
The highlight of the day is the completion of the first Death Cross on the 1D time-frame since May 19 2023. Naturally this is calling for more downside, which can extend as low as the 0.618 Fibonacci retracement level according to the previous Bearish Leg.
Our Target is 3.50 and we expect the correction to complete a Bottom after the 1D RSI posts 3 straight Higher Lows, similar to the Bullish Divergence of July 2023.
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TON Still Seems BearishAs you know, the main structure of TON is bearish. A supply range has been formed. From this range to the demand range, the price can move down.
We are looking for sell/short positions in the supply range.
We also have a POI range on the chart. We are looking for buy/long positions in this range
The closing of a daily candle above or below the specified invlidation levels will cause a violation of the specified movement
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
