TONUSDT.P trade ideas
Ton coin needs serious correction there is a strength stability in price of TON coin has accrued and its more because of advertisement in telegram community and many airdrops that their team working on it and millions of people are into it but historically the main trend in this market is more powerful. although Bitcoin is in the last legs of corrective movements and might be bounce from 52000~49000 zone but altcoins might be very surprising many times while BTC dropping -2 percent some coins might be drop more than 10 percent.
by the way be carful about buying it and be responsible about money you have saved
buy with strategy and split your budget in to 5-8 portions. buy placed your orders in support zones and do not all in at all.
Lingrid | TONUSDT continues to MOVE sideways Since the last post, not much has changed; OKX:TONUSDT continues to move sideways at the key support level. As you can observe, the market is testing the channel border, and the price has bounced off this area twice before. We saw a similar situation in May, when the market remained in a consolidation zone for a couple of weeks before making a strong surge. I believe the market may form a long-tailed bar, indicating a spike down that could serve as a fake breakout, followed by a bullish move toward resistance. My goal is resistance zone at 7.350
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
#TON Analyses: it is ready to go higher🚀#TON Analysis :
🔮There is a breakout of trendline in #TON but right now it is trading in a parallel channel. There is an instant resistance zone, if the price breaks and close above the resistance zone then we would see a bullish move of around 15%.
🔰Current Price: $6.660
🎯 Target Price: $7.640
⚡️What to do ?
👀Keep an eye on #TON price action. We can trade according to the chart and make some profits⚡️⚡️
#TON #DYOR #Cryptocurrency #TechnicalAnalysis #Breakout
Phemex Analysis #11: TON_Is it Time to Buy the Dip?PHEMEX:TONUSDT.P experienced a meteoric rise from $2 to its all-time high (ATH) of $8.284, representing a staggering 400% increase in just four months. While the broader cryptocurrency market faced a downturn since March, TON demonstrated resilience, continuing its upward trajectory. However, the recent drop below the 1-day 50 EMA and formation of a lower high at $7.64 suggest a potential bearish trend emerging.
Given the current market conditions, investors are pondering whether it's an opportune moment to accumulate TON at a potentially discounted price. It's noteworthy that several prominent institutions, including Pantera Capital and DWF Labs, maintain a bullish outlook on the project.
To navigate the evolving market dynamics, it's essential to consider potential price scenarios:
Consolidation and Subsequent Rally: The price may stabilize around the $6.35 support level before embarking on another upward movement. If TON surpasses its previous ATH of $8.284 with substantial trading volume, it could signal the onset of a sustained bullish trend. In such a scenario, investors might consider chasing the upward momentum to capitalize on potential gains.
Extended Downtrend: Alternatively, the price could breach the $6.35 support level and continue its downward trajectory, seeking support at $6.0, $5.60, or $4.60. These levels could present attractive entry points for long-term investors if a reversal occurs, indicating a potential buying opportunity.
It's crucial to recognize that the TON ecosystem is still in its nascent stages, with substantial growth prospects on the horizon. The project's potential is undeniable.
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Toncoin (TON) Market Analysis: Anticipating a Drop Towards 6.5Hello, Traders and Investors!
Today, we're examining Toncoin (TON), which is anticipated to experience a price drop towards the 6.5 region. Let's explore the factors influencing this potential movement.
Price Action:
Toncoin is currently under pressure, with expectations of a drop towards the 6.5 region.
This anticipated decline is driven by various market factors, including an increase in the supply of Toncoin.
Technical Analysis:
Support Levels: The key support level to monitor is at 6.5. If Toncoin continues to drop, it could test this support soon.
Resistance Levels: On the upside, resistance is expected around 7.2. A break above this level could signal a potential recovery.
Moving Averages: Both the 50-day and 200-day moving averages are currently flat, indicating a lack of strong directional movement.
RSI (Relative Strength Index): The RSI is approaching the oversold territory, suggesting that we might see a rebound if buying pressure increases.
Market Sentiment:
The market sentiment for Toncoin has been affected by the excess supply in the market.
Telegram's ongoing 50% APY giveaway is contributing to the increase in Toncoin supply, putting downward pressure on the price.
Fundamental Analysis:
The excess Toncoin available due to Telegram's APY giveaway is a significant factor in the expected price drop.
Keep an eye on any news related to Telegram's distribution and other fundamental factors that could influence Toncoin's price.
TONUSDT: BREAKOUT CONFIRMED, SHORTER TF!!Hello everyone,
Lets take a quick view on #TONUSDT,
TON is broke out of this triangle in shorter TF. Currently, it is taking a support over 200MA. Taking a long possible here with the setup below.
#TONUSDT LONG TRADE SETUP:
ENTRY: $6.718 - $6.746
Target 1: $6.86
Target 2: $6.97
SL: $6.68
Happy Trading!!
TON Coin AnalysisToncoin (TON), has seen remarkable price appreciation from February to July 2024. The TON token price surged from $2.2052 on February 15, 2024, to an all-time high of $8.2889, representing a 375.8% increase. By February 28, 2024, the rally had started, creating significant higher highs and lower lows.
The price appreciation can be attributed to several factors, including the growing adoption and usage of the TON network, the successful launch of the Open League incentives program, and the integration with Telegram's large user base. Additionally, the partnership with Tether to release $60 million of USDT on the TON blockchain has further bolstered the network's credibility and utility. In February, Telegram announced ad revenue sharing, which splits profits 50/50 with channel owners. Most importantly, the revenue is paid out in TON’s native token, Toncoin, and facilitated through the network, further increasing the trading volume.
On the one-day timeframe, TON is forming a rising wedge, which is a sign of a potential bearish reversal. Although there is room for hitting a new all-time high (ATH), we can expect TON to break down from the wedge if no other external factors are involved.
Examining the oscillators in the same timeframe, the Relative Strength Index (RSI) stands at 50.5635, forecasting a neutral sign. However, the MACD level (12, 26) stands at 0.0150, signaling a bearish shade. Moving averages, both SMA and EMA on larger periods, indicate a bullish trend, while the lower periods indicate bearish signals.
#TON/USDT#TON
The price is moving within a descending channel pattern on the 4-hour frame and broke it upwards after adhering to it significantly
We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 6.40
We have a trend to dot higher than the 100 moving average
Entry price 6.65
First target 7.01
Second target 7.30
Third target 7.62
Frankly, I don't feel like explaining, the chart says it all !!TONUSDT is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✨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!!
The last bullish chance of TONCOIN in short-term !!COINEX:TONUSDT
TON is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
✨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!!
Why Toncoin Is No Candidate For A Long Trade!TON has delivered an exceptional performance since March. Moreover, contrary to most of the market, it kept climbing in May and June.
However, the current chart sends some bearish signals that must be incorporated into trading decisions. As a result, I don't consider TON for any long trades at the moment.
Here are the details:
- TON broke below the long-term uptrend on the daily chart. The attempt to climb above the trend line was rejected. On the contrary, TON dove deeper.
- TON printed a bearish cross in the Ichimoku cloud.
- TON dropped below the Ichimoku cloud, and the future cloud turned bearish simultaneously.
- Moreover, the chart shows a double top at the 8.12 level.
Summarized, the amount of bearish signals can't be overlooked. Therefore, it will be interesting to watch how TON performs if the market continues to be bullish.
TON haqida kichik texnik analizTON coin hozirgi kunda barchaning diqqat markazida bo'lib turibdi, ayniqsa investitsiya qilib kutib turganlar soni anchina. Shuning uchun kichik video yozdim, agar qiziq bo'lsa videolarni davom ettirish rejasi bor.
Ton 5 oylik trendni buzganini kuzatdik o'tgan haftada demak bozor strukturasi biroz o'zgardi. Ton bo'yicha 2 ta uroven muhim hisoblanib, 1-uroven $6,22 2-uroven esa $4,83 deb hisoblayman. 1-uroven anchagina kuchli va TON ga qiziqishni hisobga olsak shu narxdan uroven yuqorisi $8,2 ko'tarilish ehtimoli yuqori. Lekin bozorda yetarlicha kuch bo'lmasa, 2-urovenga tushush ehtimoli ham yo'q emas. Kuzatamiz.
Bu video va ma'lumotlar hech qanday investsion, trade harakterga ega emas va maslahat berilmaydi.
TONUSDT TRADING PLAN
Looking at the chart today we discovered that Ton has been ranging between 7.0040 and 6.4488, according to my analysis it seems like we have An AMD formation where the Asian session is our rally then the New York session is our Accumulation phase, the break of the New York session will be manipulation for us, and mitigation in the Supply zone or DB ZONE will trigger the distribution phase down to the previous demand zone.
I hope this plan is understandable, do Trade safe