TONUSDT Ready For More Downward Move | Bearish Vibes All OverYello, Paradisers! Have you been keeping an eye on Toncoin (#TON)? Our latest analysis suggests a critical moment is approaching. Let’s dive into the details.
💎#TONUSDT has been trading within a rising wedge formation on the 1D timeframe. This pattern typically signals a potential bearish reversal. Currently, #Toncoin is testing the rising wedge's lower support level, and there is a possibility that it might drop further if this support breaks.
💎The ascending resistance and the rising support form a rising wedge pattern. This pattern is generally bearish which indicates that the current uptrend might be coming to an end.
💎The strong resistance zone is marked at $8.310. If #TON fails to break above this level, the bears might take control, leading to a downward move. If this happens, the immediate support level to watch is $6.255.
💎If CRYPTOCAP:TON breaks below this level also, the next significant support lies in the major support zone between $4.607 and $4.381. This area is critical as it can provide a good chance of a pullback if tested.
💎In a scenario where the current ascending support of the rising wedge doesn't break and TON breaks above the resistance zone marked then Bulls will take over
Stay focused, patient, and disciplined Paradisers
MyCryptoParadise
iFeel the success🌴
TONUSD
TON : Analytics by AhmadArz:
1. Support and Resistance Levels:
- Primary Support: 6.140 📉
- Support Range: 7.050 - 7.099 🔽
- First Resistance: 7.664 📈
- Second Resistance: 9.163 🚀
- Third Resistance: 10.765 🌟
2. Price Trend Analysis:
- Current price: 7.467 💵
- Near resistance at 7.664 🚧
3. Next Movement Prediction:
- Bullish Scenario: Break above 7.664 leads to 9.163 and 10.765 📈➡️🚀➡️🌟
- Bearish Scenario: Fail to break 7.664, pullback to 7.050 - 7.099, possibly 6.140 📉⬅️🔽⬅️📉
4. Conclusion:
- Watch for a break above 7.664 for higher targets 🔍📈
- If not, be cautious of pullbacks ⚠️🔽
🔗"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!
TONUSD is forming a bull flagHey Traders, in today's trading session we are monitoring TONUSD for a buying opportunity around 7.65 zone, TON have formed a bull flag and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 7.65 support and resistance area.
Trade safe, Joe.
Frankly, I don't feel like explaining, the chart says it all !!Hi.
BYBIT: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, a top 10 coin aiming to be TOP 5 soon alongside SOL ...TON has accumulated a lot of attention this past few months making it to top 10 coin by market cap, worth $20B. That is impressive and it looks like it may go to 3 digit even aligning itself with the likes of BCH , ETH, and SOL.
At the start of the year TON hovered around 1.8 area -- then it peaked at 8.0 range, and it did it in a few weeks time. The hype is not just empty air it is substantiated by real solid fundamentals.
TON — which stands for “The Open Network” — is a community-driven blockchain project designed to enable fast transactions and support a wide variety of decentralized applications (dApps). The project was originally established by the company that created the popular encrypted messaging application Telegram.
Based on latest data metrics. This is cementing another ground work on its higher base of that new round of upside move. It is inching closer to another heatzone / breakout point that may target 10.0 levels. The 'BIG BUYS' are on this one as it is attracting institutional investors left and right. They already know the big possibilities.
While it is at its one digit era, it maybe be best to seed now at this range before the next altcoin season happen. Bluechip coins like this, get a lot of cash from the small and big guys alike. They benefit most from money inflows during those times. Case study was SOL / ETH / BCH.
Spotted at 6.0.
TAYOR.
TAYOR.
The price is expected to move towards the targetsThe price is in an uptrend, and as long as the support at $6.5 holds, there is a potential for the uptrend to continue.
If the support holds, the price is expected to move towards the targets of $8 and $9.
It is recommended to keep this chart on your watchlist and monitor the price movements.
TON Coin Analysis: Technically and Fundamentally StrongTONCoin has been performing very well since last year, and as Telegram grows more popular, it becomes even stronger fundamentally. Technically, it's about to undergo a slight correction to $4.7 before potentially reaching new all-time highs, with mid-term targets at $17 and long-term targets at $40, IMO.
Ton of resistance, Elliott wave analysisIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The level at 7.50 looks might strong.
With this current swift move down back below the level,
I am looking to HOW the price reacts to that level if it is reached again.
If it come to it in a corrective fashion, then I would suspect a rejection.
If it can get back above, then I would have to reconsider, based out what PA has printed.
The divergence adds to this.
Trade Safe!
Trade Clarity!
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.
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
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.
TON What will happen in the near future!!Hi.
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.
✅ Due to the Ascending structure of the chart...
🟢 TON has been Bullish Recently!
🟢 The odds of another Bullish Movement is High!
🟢 Ascending Triangle is Visible on The chart!
🟢 No break out yet!
✨Targets are:
🎯$8
🎯$9
🎯$10
🎯$12
🎯$13
🎯$15
❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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 ( 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
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
#TON/USDT#TON
The price is moving within a 4-hour downtrend channel and is strongly committed to it.
We have a support area at 6.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 6.30
First target 6.72
Second goal 7.05
Third goal 7.43
TON → 150% PROFIThello guys...
as you can see this coin broke up the ascending channel as well!
then touched the 33% of the last leg so we can count on bullish trend in the next presuming channel!
target will be:
1- $10.47
2- $15.5
___________________________
✓✓✓ 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