#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...
CRYPTO:TONUSD OKX:TONUSDT Mid-risk status: 2x-5x Leverage ⚡️TP: 6.75 6.8 6.85 6.9 7.01 7.09 7.14 (In Optimistic Scenario) ➡️SL: 6.45 6.34 The Alternate scenario: If the price stabilize below the trigger zone, the setup will be cancelled.
Hello dear friends, I hope you're all doing well. As you can see on the chart, after nearly two years of sideways movement, TON has broken resistance, experienced a pullback, and grown by 70%. Now, where might TON's growth go from here? Given the highly professional team and the billion users of Telegram, the mid-term target for this coin is likely $20. What's...
TonCoin has been rejected at the Lifetime Resistance zone and is currently falling toward the Weekly 30EMA. The trading area between the 30 EMA and Resistance Zone is relatively tight making a good Risk/Reward Ratio more difficult to obtain. How do we trade this? 🤔 The Crypto Market is currently bullish so we should be looking for price areas to get long. We...
Toncoin is racing upward to break resistance in this perfect ascending triangle! Is there enough momentum for the pattern to play out? Or will the price surprise us and reverse down to the 200EMA? How do we trade this? If you're not already in a trade, do not enter . There is pain in either direction; we're too close to resistance to long and we don't have a...
TON is showing great support along the ascending support line. The last three bars are confirmation bars supporting the bias that the pattern will continue. We're approaching previous highs from early 2023/2022 around $2.70, a resistance zone that stands in the way of the bullish price action. How do we trade this? The price currently trending upward and...