Telegram coin is bullishBy looking at the chart we have 3 wave ABC which is for a bigger pattern.
Now wave C has ended and price has entered bullish wave D.
Considering that the correction of wave C has been sideways, we may have a good pump ahead for wave D.
By maintaining the green range, damnad can move towards the targets.
Closing a daily candle below 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
Tonusdt
TONCOIN - A quietly rising mystery coin TONCOIN - LSE:TON
TON is looking interesting here.
✅Above 200 SMA
✅Series of higher lows
✅BTC pair appears to be bottoming out
- 2 to 4 weeks in bottoming zone normal historically
⌛️Challenging POC (breach above pending)
⌛️Pennant Decision point imminent (pending)
Eyeing mid March for conclusive direction, early bid possible here with stop under 200 DSAM (of which we had two recent bounces).
Whats Toncoin?
Im not here to sell the coin, this is just a brief description to plant what the coin is in your minds eye, I focus on the chart.
Toncoin is 15th by Market Cap on coin market cap and has a circulating supply of 3,467,488,458. TON is not directly available to buy on Coinbase yet (without web3wallet). Its directly available on the likes of OKX and KuCoin.
Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network".
TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses.
I have not decided to pluck a small position YET but I will keep you posted on if I take a bid.
PUKA
#Altcoin #Toncoin BITFINEX:TONBTC
TON Toncoin Price TargetIf you haven`t bought the dip on TON:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for TON Toncoin is the next resistance, $2.25.
TON → Sideways Forever! Until Now?? Let's Maximize Your Profits.TON has been meandering sideways for weeks after its bear drop in November. Are we ready to take a trade?
How do we trade this? 🤔
We have a gap to the previous Support Area, price rejection at the Daily 200EMA, a useless RSI reading, and Bitcoin hinting at a move to the downside. This isn't a perfect setup, but we have enough to consider a small position 1:1 Risk/Reward scalp to the downside. Wait for a break below the 30EMA with a bear candle closing on or near its low. It's then reasonable, with a small position size, to take a short trade back to the Support Area. Keep an eye on Bitcoin's behavior as well. A good dive from Bitcoin could take the rest of the market in that direction.
💡 Trade Idea 💡
Short Entry: $2.1750
🟥 Stop Loss: $2.2700
✅ Take Profit: $2.0800
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Price Rejected above 200EMA.
2. Gap to Support area, Bias to short.
3. Wait for Bull Sell Candle Closing Below 30EMA
4. RSI at 50.00 and Above Moving Average, Indecision.
5. Bitcoin may Pullback or Reverse, could influence TON Price.
💰 Trading Tip 💰
Lower probability trades with Risk/Reward Ratios around 1:1 should have small position sizes. The risk is too great and the probability doesn't carry enough to make the trade worth risking your maximum allowed loss.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
Telegram Coin (TONUSDT) 50% Surge AheadAnticipating a 50% surge in Telegram Coin (TON) in the forthcoming weeks could be in the cards. Examining the daily chart reveals a consistent pattern of respect for demand zones, ranging from a major zone around $1.9 to a minor zone near $2.2.
Currently, TONUSDT is undergoing testing within the demand zone and a simple uptrend line, marking a critical price zone exhibiting extreme buying pressure. Should TON maintain its position within this area, an expected 50% rally might unfold, a move that could span from a few days to a few months.
TON → Failure to Break 200EMA! More Downward Pressure Coming?Toncoin has failed to break the 1HR 200EMA consistently for over a week which doesn't scream much confidence for the bulls. Are we about to see another dip?
How do we trade this? 🤔
The last 5 failures to break the 200EMA are a strong signal to short. Each candle sports a big wick on their top and collectively are forming a double top patten which usually includes a fall in price. If a strong bear candle closes and the RSI falls just below the Moving Average, it's reasonable to short a 1:2 Risk/Reward Ratio down to just before the Previous Support at $2.024.
💡 Trade Idea 💡
Short Entry: $2.1800
🟥 Stop Loss: $2.2375
✅ Take Profit: $2.0650
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bear Trend, Bias to Short.
2. Failure to break 200EAM, Look for Short Entry.
3. RSI at 56.00 and on Moving Average, Supports Bear Bias.
4. Two More Failed Attempts to Break 200EMA, Short with Confirmation.
5. Bitcoin at Risk of Trend Change, Supports Short Bias.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
TONUSDTTONUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
currently the market is retracing a bit after last HH, which is very healthy retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
What you guys think of this idea?
TON → Strong fundamentals open up bullish potential OKX:TONUSDT has been demonstrating excellent fundamental data lately. The market is forming accumulation of bullish potential, which may soon move to the realization phase.
The price is trading under the global descending resistance line. The market continues to form an ascending price channel. It is worth paying attention to the ascending triangle and false resistance breakout. The market does not allow a fall after the false breakout. What is not natural for the standard situation is that after the false breakout, the price forms a small pullback and returns to the 2.520 resistance for a retest.
Clearly, Toncoin is now under the watch of a major buyer. The consolidation may soon move into a distribution phase, provided that the resistance is broken and the price consolidates above the red downtrend line. Moving averages are supporting the market.
Resistance levels: 2.500, 2.600
Support levels: 2.329, 2.228
Bulls can keep the price below the support levels. A retest to resistance will increase the chances of its breakout, which is what I am waiting for. A break of 2.500-2.600 will form a bullish impulse.
Regards R. Linda!
#TONCOIN #TON Long-Term targets, until end of 2025#TONCOIN #TON Long-Term targets, until end of 2025
Compared to the rest of the market currencies, TON currency has been listed in the exchanges for a short time and has an incomplete chart since this day, and for this reason, it is more difficult to recognize its long-term goals. But if we use the data provided by this chart, it can be seen that during 2022, a five-wave bullish structure will be formed, and always a five-wave structure, after correction, will lead to at least one more five-wave structure. had
Therefore, using the Fibonacci tool, the possible targets of the TON currency can be estimated until the end of 2025.
taget1: 11$
target2: 18$
target3: 43$
target4: 73$
entry:
2 - 1.6$
stop loss: 1.2$
TON swing trade long signal with good Risk to RewardIf you know TON already then there is no need to explain, but if you don't consider that it is backed by telegram with 800 million users, it is in the top 15 of the coinmarketcap and still not listed on Binance yet!
Despite being a really attractive asset to invest or get some bag for DCA here, it can be considered a long signal as the end of wave A.
Entry, SL and TPs on the chart.
TON ANALYSIS🔮 #TON Analysis - Breakout Trading
🌟🚀 #TON was trading in a "Cup and Handle Pattern" and here we can see that #TON gave a great breakout. Long-term bullish consolidation above the neckline is projected to result in faster growth.📈📈
🔖 Current Price: $2.6618
⏳️ Target Price: $3.2840
⁉️ What to do?
- #TON is aiming around $3.5 in its next price target. We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#TON #Cryptocurrency #Breakout #DYOR
TON/USDT Ready for an Explosive Bullish Journey? TON Analysis💎Yello, Paradisers! brace yourselves for a potential treasure trove with TONUSDT! Our analysis indicates a recent breakout from a descending channel, signaling a potential bullish swing.
💎In the recent few days, TonCoin has navigated this narrowing descending channel, with pivotal support pegged at $1.92.
💎The current trajectory suggests a potential revisit to this support level before setting its course upwards. A successful breach of this pattern would further reinforce the bullish perspective.
💎Conversely, anticipate a significant bearish turn if the support doesn't hold. In this context, consider a short position after a retest.
💎Fine-tune your entry and exit strategies for TON with ParadiseFamilyVIP. Delve deeper into seasoned insights on TON and other promising tokens, refining your trading approach.
TON: Resistance BreakoutTrade setup : Price is in an Uptrend. It appears to finally have broken above the $2.60 resistance zone, which is where it got rejected previously in September and in early 2023. Price could attack $3.00 next. However, it is overbought (RSI > 75), so we could see it pause briefly on some profit taking near-term, before resuming it’s uptrend.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bullish but extremely overbought. ( MACD Line is above MACD Signal Line). RSI is bullish (> 55) but extremely overbought (> 80) which could imply that price could briefly pause or pull back if it reaches Resistance.
Support and Resistance : Nearest Support Zone is $1.95, then $1.60. The nearest Resistance Zone is $2.60, which it broke, then $3.00.
TONUSD bullish Fibonacci This week we will have a lot of great crypto that perform nice bullish wave. One of that coin is TON (11th marketcap)
TONUSD bounce from fibonacci 0.618 support and already break up channel down pattern with one full candle.
BUllish target at fibonacci 1.618 (D point) at 2.4026.
An obvious and strong position for the ascent of Toncoin...In continuation of the previous analysis (link below) of Toon Coin in today's weekly time frame, this climb becomes active.
With this move, TenCoin can go up to the price of about 4 dollars. Tone Coin seems to work very classically and technically. Because his movements are very patterned and technical.
Let's go to $4...
TON/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello friends, welcome to this TON/USD update from Crypto Sanders.
Chart Analysis:- Toncoin (TON) was another notable gainer on Tuesday, climbing to a one-month high during the day.
TON/USD hit a high of 2.23 earlier in the day, which comes a day after trading at a low of 2.09.
toncoin rose to its highest point since September 28, when price was above 2.30.
recent gains have pushed price strength above a ceiling at 59.00, and the index is now tracking at 61.62.
The next visible point of resistance is at the 71.00 point, and if hit, there is a good chance TON moves towards 2.60.
I have tried to bring the best possible results in this chart.
If you like it, hit the like button and share your charts in the comments section.
Thank you.
TONCOIN needs correction! Is Bitcoin the Beginning of a Bullish?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
Friends, a few thoughts on everything that is happening in the market. As for Bitcoin and my short position, so far everything is sad, there is strong pressure from the buyer, but the plan for correction has not changed. Just remember that there is a bear trap waiting for us somewhere nearby. Yes, there is a small “trigger” in the form of a fix above $30,000, but there is no other way to cause FOMO, so we are now seeing the BTC chart in flight, as well as altcoins.
For example, TON, which has grown by 16% since the last review, is equal to the latest growth of BTC. And TON can also be traded under X for a second. At the moment, we may see another correction below $2, as there will be one of the events ahead that could bring volatility to the coin. They will set a world speed record on the TON blockchain on October 31st. Usually, before such events, a salesperson will appear where you can try to stop by. The priority is the 0.618 level and everything below it.
For now, I’m watching the chart and waiting for confirmation of the indicator on the older timeframe. You may even have to short this monster before dialing to the spot
Coin Watch: Toncoin (TON)TONCOIN (TON) is the native token of the blockchain platform The Open Network (TON). TON is a decentralized, scalable blockchain with the potential to handle millions of transactions per second. It consists of key elements such as TON Blockchain, TON Payments, TON Proxy, TON DNS, TON Storage, TON Services, and TON Workchains. TON aims to offer a highly scalable and secure network with features like multi-chain architecture, decentralized storage, anonymity, and decentralized DNS. The TONCOIN token serves various purposes within the TON ecosystem, including staking, governance, transaction fees, and access to services.
Looking at the weekly chart, we only have data from late 2022 and price has been ranging between 1$ and 3$.
Recently, the coin is in a bull run since august and is approaching resistance levels around 2.3$ and 2.6$.
On the daily chart, a falling wedge pattern was broken 6 days ago but is still in progress, with a target price of 2.5$.
RSI is bullish on both charts, but not totally overbought yet.
Stay tuned!