The Open Network as closed type communityThe problem with TON currency is that it is a kind of private reserve bank with a limited issue where the ordinary outside user has no opportunity to invest their futuristic intentions. The network is run by a select community of speculators who have nothing better to offer except staking and because they already have all the coins in their hands and are forced to sell them step by step implementing standard functionality. Therefore, the price of the coin fluctuates in the range of $1-2 and is quite predictable, since when the maximum is reached, the entire crew is in a hurry to sell the accumulated coins to new adherents who will have the same fate in the future, and there is no hope that the situation will change in any way, and because the team is passionate marketing as most of altcoins and is not able to heed the key innovative ideas.
TONUSD
TONUSDT Lower Highs break-out but Resistance come to playToncoin (TONUSDT) made a convincing bullish break-out yesterday above the Lower Highs trend-line that has been keeping the price action below since the April 21 dump. Today it is attempting a 1D candle closing above the 1D MA50 (blue trend-line).
After the break-out that turned the trend bullish at least on the short-term, the Resistance levels formed of the previous Lower Highs are now coming to play. Our strategy is to buy every 1D candle close break-out and target just below the next Resistance.
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TONCOIN + 50 %The coin was in accumulation, there was a tightening of the resistance level of $2, the level was broken and there is no rollback. It is important to note that the instrument does not react to the fall of Bitcoin and continues to grow, above the level of $ 2, there are no levels and no sellers - let's go to 2, 90 in the near future