TON's Situation: What Shall we Expect ??BINANCE:TONUSDT
TONUSDT is attempting to break through resistance of symmetrical triangle pattern after bouncing off support.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Finished the correction Wave.
Note: we should wait for the breaking of the triangle and than make a move!
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅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!!
Tonusdt
TON: Important Technical Analysis in a Daily Timeframe!Hello everyone, I’m Cryptorphic.
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
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Now, let’s dive into this chart analysis:
After the latest news about the founder of Telegram, TONCOIN faced a sharp 20% drop in its price. The price is currently hovering at $5.86, and the recent decline raises concerns among traders and investors.
Here's my technical analysis of TONCOIN on a daily timeframe.
TON has an important support trendline around $5.34, which it must hold to stay in the game. If a rebound occurs, TON will likely test the blue dotted resistance trendline, potentially leading to bullish momentum.
The lower support at $4.636 will be the crucial level for TON to hold if we see a further decline.
Given the negative experiences from past incidents, be cautious and conduct thorough research before investing.
Key Levels:
- Support Trendline: $5.2556 to $5.6458.
- Lower Support: $4.836.
- Primary Resistance: $6.452.
- Bullish Move: A close above the primary resistance and 50 EMA.
- Bearish Move: A close below the lower support.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#TON #Toncoin
#TON/USDT#TON
The price is moving in a descending channel on the 12-hour frame and it was broken upwards
We have a bounce from a major support area in green at 5.40
We have a downtrend RSI that was broken upwards which supports the upside
We have a trend to stabilize above the 100 moving average which supports the upside
Entry price 6.11
First target 6.90
Second target 7.60
Third target 8.20
TONUSDT 1H in Sideways MovementTONUSDT continues to trade sideways on the daily timeframe, with the price consolidating between 6.00 and 7.00, indicating an accumulation phase. On the weekly timeframe, the price remains within the range set by the previous week. Notably, the price has broken above and closed above the 6.00 level, a historically strong support. Given these factors, it seems likely that the market will continue to consolidate within this range until August. The target is the resistance zone around 7.660
TON weekly analysisToncoin hits record high daily active addresses, but is TON a ‘bubble’? – analysis by AMBCrypto
The TON Masterchain has reached a record of 946 daily active addresses, a 7x increase since July 2021, as Kyledoops noted on X (formerly Twitter).
This growth reflected rising network activity, the expansion of dApps and work chains, and potential higher demand for Toncoin (TON).
Although some analysts suggested that the TON blockchain might be a bubble due to its low daily active user count, broader market metrics challenge this view, indicating the network’s solid progress and potential in the long-term.
Meanwhile, Toncoin has shown strong potential as a top coin to hold on the support.
The TON/USDT weekly chart revealed a reversal candle with a long tail, indicating bullish pressure, supported by growing volume in recent weeks.
Moreover, Bollinger Bands are tightening, suggesting a potential squeeze, but the best bet lies in the breakout to the upside.
On the daily time frame, Toncoin was nearing a breakout above 100 simple moving average, which has posed some resistance.
TON (Toncoin): Approaching ResistanceTrade setup : Trends are mixed but price remains in an Uptrend on a long-term basis. It bounced off of 200-day moving average, which acts as support, and reached our near-term target of $6.75 for +25% gain. Now we look for the right entry opportunity in Uptrend.
We wait for price to either 1) break above $6.75 to signal continuation of uptrend, with +20% upside potential to $8.30 next, or 2) pullback to 200-day MA for another swing entry with +25% upside potential to $6.75. Stop Loss at $4.40. (set a price alert). 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.
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 Up, Medium-term trend is Neutral and Long-term trend is Neutral.
Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. 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 $4.75. Nearest Resistance Zone is $6.75, then $8.30.
TON ANALYSIS (BREAKDOWN)🔆 #TON Analysis : Breakdown
📊As we can see that #TON is following ascending channel on 4hr time frame. There is a breakdown in #TON and if it sustain this breakdown then we would see a dump first then a pump.
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
#TON #Cryptocurrency #ChartPattern #DYOR
Looking for buy opportunities in the crypto market!Hello traders and investors!
I’ve selected four assets in the crypto market where buying opportunities can be considered. Each of these four assets has formed a range, with the seller's impulse completed and the buyer's impulse now active.
BNB : Buyer’s 10-11 impulse, potential targets: 598, 645.2
TON : Buyer’s 6-7 impulse, potential targets: 7.35, 7.72, 8.1582
AAVE : Buyer’s 11-12 impulse, potential targets: 120.08, 132.57
ADA : Buyer’s 5-6 impulse, potential targets: 0.3730, 0.4292, 0.4504
Among these, BNB appears the strongest, as two buyer's zones have formed in the 10-11 impulse. These zones were created when the buyer absorbed a seller's candle with increased volume (the buyer's zone is marked by a blue rectangle on the chart).
ADA, on the other hand, looks the weakest among the four, as it has not yet been able to close a daily candle above the high of the August 8th candle, which absorbed the seller's attack on the lower boundary of the range, forming a buyer's zone.
It's advisable to use lower timeframes when looking for buying opportunities. I have selected examples of lower timeframes for you.
TONUSDTThis chart for the TON/USDT pair shows a strong upward movement with several key time intervals marked by vertical lines. Here’s a breakdown of what these time intervals might indicate:
Key Dates and Potential Market Movements:
August 19, 2024, 16:00:
Scenario: This is the first red-marked interval, which may indicate a potential pause or correction after the recent strong upward movement. Traders might begin to take profits, causing a temporary pullback.
Impact on Price: The price might experience a minor dip or consolidation phase around this time.
August 20, 2024, 08:00:
Scenario: The green-marked interval suggests a possible continuation of the bullish trend or a recovery if the market corrected earlier. Positive market sentiment or news could drive further buying interest.
Impact on Price: There could be another push upwards, possibly testing new highs or reinforcing the current trend.
August 21, 2024, 02:00:
Scenario: The next red-marked interval might signal another potential reversal or correction phase. External factors or market saturation could lead to a pullback.
Impact on Price: A possible dip in price as traders reassess their positions.
August 22, 2024, 11:00:
Scenario: The green-marked interval indicates a return to bullish sentiment or a stabilization of the market after any previous corrections.
Impact on Price: The market may stabilize or resume its upward movement, depending on the overall trend strength.
August 23, 2024, 08:00:
Scenario: This red interval suggests another potential market event or reaction, possibly due to external factors or news impacting the market.
Impact on Price: Another dip or consolidation might occur around this time.
August 24, 2024, 00:00:
Scenario: The final green interval in the short-term analysis might indicate a resumption of the trend or stabilization after previous fluctuations.
Impact on Price: The price could either stabilize or continue its upward trajectory if the overall market conditions are favorable.
Considerations for Traders:
Volatility: The chart indicates several points of potential volatility within the next few days. Traders should be cautious and consider setting stop losses or taking profits at appropriate levels.
News Impact: Keep an eye on any news or market events around these dates, as they could significantly influence price movements.
(Update) !!! TON daily Chart Analysis : Bull or Bear ? (READ)OKX:TONUSDT
✨After the fifth bullish wave, TONUSDT has completed his corrective waves (ABC) , now it is time to start the five bullish waves, and now finished first wave and need alittle Correction.
✨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!!
TONUSDT pullback from recent highTONUSDT briefly surpassed last week’s high but quickly retraced, dropping back below that level. While this could be interpreted as a false breakout, the price did manage to close above it on the daily timeframe, creating mixed signals. I anticipate the market may decline toward resting liquidity beneath the key 6.00 level. It's worth noting that corrections often occur during weekends. Furthermore, the market has repeatedly rebounded from the resistance zone between 7.20 and 7.50, making a pullback likely. The target is the support level at 6.060.
TONcoin TON price is ready to rise, isn't it?Against the backdrop of current and planned activities around #TONcoin, we conducted our TA)
We drew a few lines back and forth and here is our verdict:
- by the end of 2024, 1 CRYPTOCAP:TON can cost $15-16).
Of course, you will say that our analysis is full of bullshit and “wishful thinking” and you can do better!
And we completely agree with you!
You can do better, so share your analysis of OKX:TONUSDT in the comments and write your expectations for the possible future price!)
TON USDT🔍 TON/USDT Analysis: Upcoming Key Dates for Strategic Entries 📊
The TON/USDT chart highlights several critical dates that could offer prime opportunities for market entry:
August 16, 2024, 19:00 (UTC+3), August 24, 2024, 07:00 (UTC+3), September 4, 2024, 15:00 (UTC+3) - Green Lines: These dates indicate potential local lows, making them ideal for accumulating TON or entering long positions. Traders should consider these times as opportunities to build or add to positions ahead of expected market movements.
By aligning your strategy with these key dates, you can optimize your entries and maximize potential gains.
SELL UNTILL 13 of November
#TON #TONUSDT #CryptoTrading #MarketAnalysis #Cryptocurrency #TradingStrategy
TON's First Bullish Flip Since July: Is It Ready For a Breakout?Yello, Paradisers! Is #TONUSDT gearing up for a major breakout, or will it hit a wall at the current resistance levels? Let's dive into the details to find out what's next.
💎First time since early July, #TON has flipped its 4-hour price structure back into a bullish bias. However, the price now faces immediate resistance between the 6.37 and 6.50 levels. If Bitcoin maintains its strength, there's a good chance TON could break through this resistance.
💎This immediate resistance is marked by both horizontal and descending resistance. Successfully breaking above 6.50 would set the stage for an initial push toward the 6.85 level, followed by a strong resistance zone between 7.20 and 7.40.
💎On the downside, the 6.05 level now serves as good support. If TON can hold this level, it stands a better chance of pushing higher. Conversely, losing this support could see the price slide back to the 5.72 to 5.40 range before making another attempt to move higher.
Paradisers, strive for consistency, not quick profits. Treat the market as a businessman, not as a gambler.
MyCryptoParadise
iFeel the success🌴
Phemex Analysis #15: TON to the Moon or Back to Earth? For those who read our previous post on PHEMEX:TONUSDT.P (Phemex Analysis #11: TON_Is it Time to Buy the Dip?), we hope you managed to secure a favorable entry point during the dip.
The recent news of TON's inclusion in Binance Launchpool has sent shockwaves through the crypto community. Naturally, the question on everyone's mind is: Will this development significantly impact TON's price?
Let's break down potential scenarios for TON's price movement:
1. Breakout Rise
If the Binance Launchpool listing catalyzes a positive sentiment around TON, we could witness a price surge that breaches the $6.9 resistance level. Accompanied by robust trading volume, TON might then challenge the subsequent resistance levels at $7.6 and $8.2.
It's crucial to remember that such rapid ascents often lack sustainability. Therefore, considering a quick profit-taking strategy might be prudent. As always, the broader market sentiment should be a key factor in your trading decisions.
2. Price Decline
Conversely, if the market remains indifferent to the Binance Launchpool news, TON's price could potentially retest the $4.8 support level or even dip lower. In such a scenario, exercising caution is paramount.
3. Continued Consolidation
There's also a possibility that TON's price will oscillate within a range of $6.0 to $6.9 for an extended period. This consolidation phase can be frustrating, but it's essential to maintain patience and await a clear breakout signal before establishing long or short positions.
Additional Considerations:
Fundamental Analysis: While technical analysis provides valuable insights, it's equally important to consider TON's underlying fundamentals. Factors such as the project's development progress, team strength, and community engagement can influence its long-term trajectory.
Risk Management: Regardless of your chosen strategy, implementing robust risk management practices is non-negotiable. Set stop-loss orders and take-profit levels to protect your capital and secure potential gains.
Diversification: Don't put all your eggs in one basket. Diversifying your crypto portfolio across different assets can help mitigate risks.
Note: Pulse is offering $500 PULSE to all new Phemex users. Sign up for Pulse quickly!
Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
TON/USDT Gears Up for a Bullish Breakout: $7.00 in SightThe 1-hour chart for TON/USDT on Binance reveals a clear bullish trend, characterized by a series of higher highs and higher lows. The price action has formed a distinct ascending structure, with each pullback being met with strong buying interest, as indicated by the red support lines.
The current setup shows that the price is consolidating after a strong upward move, forming a small pullback that aligns with previous support levels. This pattern suggests a potential continuation of the bullish trend, with a key resistance level at $7.00 acting as the next major target.
If the price breaks above the recent highs and continues its upward momentum, a rally toward $7.00 could be expected.
NOTHING !!BINANCE:TONUSDT
✨ After the fifth bullish wave, TONUSDT has completed his corrective waves (ABC) , now it is time to start the five bullish waves, and now finished first wave and need alittle Correction.
✨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 - Raising to the moon#TON/USDT #Analysis
Description
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+ Price has successfully reversed from the support zone and we are seeing a strong bullish trend.
+ i'm expecting to see a minor pull back before hitting the resistance zone.
+ I see a good opportunity for long trade here.
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VectorAlgo Trade Details
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Entry Price: 6.6
Stop Loss: 5
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Target 1: 7.2
Target 2: 8
Target 3: 10
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Timeframe: 1D
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo