$TONUSDT: Low risk buy setupTelegram Open Network has a low risk buy signal here, in both the weekly and monthly timeframes, right on the heels of the network achieving a milestone of having the fastest transactions across the board. (security is always a concern, but I keep an open mind)
Toncoin is a cryptocurrency that runs on the TON blockchain, which was originally created by Telegram founder Pavel Durov. However, Durov had to abandon the project in 2020 after facing legal issues with the US SEC, which claimed that the token sale of Grams (the former name of Toncoin) was illegal. Durov also warned people not to trust any projects that claimed to be associated with Telegram or TON.
Despite Durov’s exit, the TON community continued to develop and improve the technology, launching the TON Crystal network and the Toncoin token in May 2020. Toncoin has since become one of the most advanced and scalable blockchains in the world, setting a record for the fastest transaction speed and integrating with Telegram. Toncoin has also gained recognition from the Dubai Financial Services Authority, which granted it a license to operate in the region.
Toncoin is now one of the top 10 cryptocurrencies by market capitalization and has a large and loyal user base. Toncoin’s success shows that it is not dependent on any single person or entity, but rather on the collective vision and effort of the TON community, which aims to create a decentralized and open internet for everyone.
Best of luck!
Cheers,
Ivan Labrie.
TONUSDT.P trade ideas
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.
TONUSDT Prediction (2H)This is my prediction for TONUSDT.
In 1W chart, we see the price has fully recovered from its continuous decline, making a V shape.
We then see the price goes down again, yet this time it is supported by the key price of 1.9286 and bounces back up.
I expect the price to reach the price of 2.3781 soon.
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...
cup & handle ( Long )A cup and handle pattern is a technical chart pattern that traders and investors often use to analyze the price movement of a security, such as a stock or a cryptocurrency. It is considered a bullish continuation pattern, which means that it typically occurs in the middle of an existing uptrend and suggests that the uptrend is likely to continue.
Here's a breakdown of the cup and handle pattern and what happens when you see it on a chart:
1. Cup Formation:
- The pattern starts with a "cup" shape on the chart. This cup resembles a rounded bottom, which is formed after a prolonged downtrend or consolidation period.
- During this phase, the price of the security gradually decreases and then starts to reverse its course.
- The left side of the cup represents the initial decline, followed by the rounding bottom as buying interest picks up.
2. Handle Formation:
- After the cup is formed, there is a short consolidation period, which is called the "handle."
- The handle is characterized by a relatively shallow and sideways or slightly downward-sloping price movement.
- It can also be seen as a brief period of profit-taking or hesitation among traders.
- The handle often has a smaller range compared to the cup.
3. Breakout:
- The key event in the cup and handle pattern is the breakout.
- Once the handle is formed, a breakout occurs when the price of the security moves above the resistance level at the top of the cup.
- This breakout is a strong signal that the price is likely to continue its previous uptrend.
4. Volume:
- Volume is an important factor to consider when identifying a cup and handle pattern. Typically, there is a decrease in volume during the formation of the handle, followed by an increase in volume during the breakout.
5. Price Target:
- Traders often use the depth of the cup (the distance from the lowest point in the cup to the top of the cup) to estimate a price target for the security. The price target is generally set at a level above the breakout point.
It's important to note that not all cup and handle patterns lead to successful breakouts. Some may fail, and the price could reverse. Therefore, it's crucial to use other technical indicators and analysis in conjunction with the pattern to make informed trading decisions. Additionally, it's always a good practice to wait for confirmation of the breakout before entering a trade, such as waiting for a strong close above the resistance level with increased volume.
But i'm in a long position in TON
TONCOIN - Top 10 Crypto Market Cap PotentialTon Targets - Support and Resistance Zones.
Support Zone: $2.275
Resistance Zone 1: $2.55 - $2.65
Target 1: $2.80
Previous Top Resistance Zone: $3.01 - $3.35
Potential Bull Run Target 1: $4.85
Toncoin (TON) is a layer-1 blockchain that emerged back in 2018 from the creators of the secure messaging app Telegram. The project underwent a transformation after being handed over to the TON Foundation, leading to a name change from "Telegram Open Network" to "The Open Network."
Since 2020, the tech has seen progress thanks to a group of enthusiasts working without commercial interests, forming the TON Foundation. Toncoin, previously called Gram, serves as the native cryptocurrency on the TON network.
Originally, the plan was to integrate TON into a user-friendly app enabling fund transactions for users. Users pay fees and employ TON for transaction validation and payments. The Toncoin network relies on the proof-of-stake (PoS) consensus model to ensure scalability and dependability. As per the project's website, the platform offers swift, transparent, and secure payment services, making transactions cost-effective and eliminating the need for third-party apps.
✴️ Toncoin Next Target $3.97 (73% Growth Potential)Toncoin (TONUSDT) is aiming at ~$4 as its next target based on a simple continuation of the bullish wave that started after the 30th of July.
This bullish wave produced a minor stop in September followed by a stronger stop in October.
Currently, all the chart signals are saying that this pair is ready to produce additional growth.
This bullish bias I mention can be invalidated on a drop and close below EMA50 or $2. On the other hand, any trading above this level lends further strength to the bulls.
The longer Toncoin consolidates bullish above support, the faster it will grow when the continuation takes place.
I am leaning 1,000% bullish, the market will take care of the rest.
The $3.97 target is just the start, there is so much more growth potential long-term.
Namaste.
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!
TONCOIN has a powerful event ahead, everyone's attention!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, I would like to talk about this monster again, the TONCOIN coin is for your attention!
Earlier, I wrote a plan and said that I expected a correction to the 0.618 level, while we see that the price did not reach this value, but broke through the $2 mark where we could try to buy some coins, for example at $1.92.
I think that the train has not yet left, but is still standing at the platform and waiting for latecomers and it will be possible to get in for less than $2. An interesting event awaits us ahead on October 31, where they will test the TON blockchain for speed and set a world record, and if everything goes smoothly, the TON blockchain will be included in the Guinness Book of Records. Plus, there will be a powerful collaboration with Alibaba Cloud, which is a large Chinese company.
So, I think that before this event there may still be a correction somewhere below $2-1.8, if there is a correction, I will try to gain a spot position of 5% of the depot. If there is no correction, then I will think about going in at current prices)
TON – 2023 Reports Over the past days, the total number of accounts and transactions on The Open Network (TON) increased to 2.88 million and 173 million, respectively. TON has become the 14th largest cryptocurrency by total market capitalization, according to CoinMarketCap. Similar to the previous quarter, TON's technology, ecosystem, and the network's economy improved.
The TON 2023.06 update introduced the new burn functionality. It was implemented by the community and validators, who voted to burn 50% of the network fees, including storage and transaction fees. This forward-thinking solution means that, although the current burned amounts are insignificant, as the network and transaction volume grows, there could be a noticeable reduction in the circulating Toncoin supply. Decreasing the supply typically stimulates demand. It is also worth mentioning the creation of the "Black Hole" mechanism, which destroys all Toncoin sent to it. This can be utilized for new deflationary mechanics in the future.
Thanks to the Liquidity Mining Rewards Campaign, the Total Value Locked (TVL) in the network has grown by 2200%, and over $20 million has passed through the token bridge launched last quarter. Undoubtedly, we will continue to stimulate the growth of the TON DeFi segment moving forward. Tonkeeper, the most popular TON wallet, has integrated staking and a decentralized cryptocurrency exchange into its interface. The decentralized exchanges on TON are also making progress – DeDust has received a significant 2.0 update, a new exchange called FLEX has been launched, and STON.fi has introduced a new Rust SDK, FunC library, and launched the STON token.
TONUSDT AnalyzeHi TON.USDT Can continue going up after completing it's pullback!
Targets have been marked!
ps: DO NOT trade this currency based on these analyze and check the charts for your self as well!
The price 1.17 is also touchable if the support doesnt work then you can enter 1/3 of your money!
Good Luck!
TONUSDTTONUSDT was trading in descending parallel channel and recently it seems like the sellers are bit exhausted now and bulls took the charge and now has given the breakout from descending channel.
Currently the price is forming a local support around 1.90 region.
Will the bulls take charge again continue for leg higher?
What you guys think of this idea?
TON. 800 million eyes.Considering the latest news with TON integration into telegram, target of the previous idea was achieved much faster than expected. At the moment we have a golden cross, where the moving average is support for the uptrend. We are now testing the moving average and if the support is strong, the uptrend will continue. However, according to RSI, the asset is in the overbought zone.
TON on its downtrend track Hello trading view community. should you like this analysis please support with like and comment your idea below this analysis please.
Never risk more than you can afford to lose.
Always DYOR.
As I posted on Sep 22, 2023 TON has started its journey downward, it's already accomplished approximately more than half of its down-trend goal.
I expect that TON reaches its target within fortnight.
This is a personal idea and I am not a financial advisor.
TON Foundation Partners with Alibaba CloudTON Foundation Partners with Alibaba Cloud for World’s Fastest Blockchain.
They plan establish 256 servers for validator nodes and initiate a dedicated TON blockchain network for performance testing.
In an ambitious move, the Open Network Foundation (TON Foundation) is aiming to achieve official recognition as the world’s fastest blockchain, seeking accreditation from Guinness World Records.
Public performance testing will take place on October 31.
Telegram TON: Looks Like It Will Dump Hard from Here?After the massive of OKX:TONUSDT as a result of a recent Telegram announcement about the integration of TON wallet into their App.
It seems like the coin has gotten to a ceiling, and it is about to dump again.
From a technical point of view, it is going to dip further to $1.7 any time soon.
This is my analysis of Ton, share your thoughts with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Cheers to your profits!