TON - Coins Will Break Out While You Dream Bearish Dreams#16
TON is close to breaking up from this descending wedge that sits nicely in the retracement Golden Window; a ratio band with higher probability for reversal.
Nice lower wicked candle showing bullish whipsaw - this may signal a move up from here:
In high time frame, TON low is a tidy capture
TONUSD: New bullish wave started. Next stop $9.000.Toncoin recovered its bullish 1D technical condition (RSI = 62.631, MACD = 0.117, ADX = 36.295) as this is the 4th straight week of gains following the bottom on the 3 year Channel Up. With the 1W RSI rebounding also after being oversold on March 3rd, we have a strong indication that the new bullish
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