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.
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TONUSDT.P trade ideas
TONUSDTHello snipers, nothing is impossible. In the daily time frame, we see two patterns together, an increasing speaker pattern and another one that is inside the first pattern, an upper head and shoulder, which is a bearish pattern, because the price is above the 103-day moving average, and this average can be a strong support. If it exists and also the price has hit the trend line, the probability of increase may be higher. All analyzes are only possibilities. Purchase offer. or not for sale
TON: Pullback in UptrendTrade setup : Price is in an Uptrend. It got rejected at $2.60 resistance zone, just as it did in early 2023. Pullback near $1.95 support area could be an attractive swing entry in Uptrend, with upside potential back to $2.60 (+30%).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.95, then $1.60. The nearest Resistance Zone is $2.60.
TONUSDTTONUSDT was trading in descending parallel channe and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 2.08 region.
Will the bulls take charge again continue for leg higher?
TONUSD - Could be building nice Weekly Cup-and-HandleWhile it is to early to suggest, that price is prone to the break-out above 2.60 pivot. It fine to acknowledge this potential, due to favourable price and volume profile.
Notice the prevalence of good weekly closes on a substantial pick-up in volume in comparison with down weeks being on much lesser volume week by week.
It is yet to early to suggest the three weekly lower-lows is enough for the handle in the cup to form, but until price holds 10w MA, I am willing to consider this bullish potential.
Trading thesis: I would wait for the proper pivot to emerge on the daily time-frame (preferably around 2.6 level), before establishing any positions. Although cowboy-type traders may consider any low-cheat pivot around 2.16 area to be actionable with proper risk-management tactics and discipline.
#TON good opportunity#TON shows bullish signs.
We can see perfect bounce from Monthly and Daily 50 ema support and bounce from support line (blue one)
We can expect to see the coin back at around 2,54$, where breaking through that level will open the way to 3 - 3.52$ price level
Very important to see consolidation above 2.5$
Of course, if we see bear reaction on lower tf at 2.54$, then in this case #TON can come back to support line. And only breaking above that line will lead the coin lower towards to 1.95$ etc (green lines below)
TONUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Target/reversal zone: 1.65 - 1.5
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
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TON 🔴SHORT for 3%-7% and then 🟢LONG 50%. Reach ATHOkay, so the ALT season is starting from the point, when BTC will get back to the 26000-26500 range. Now BTC is trading in 28000-28500 range.
I expect to see a flat till the mid of October and orientally 10-17 october we will reach ATH by the TON. It can give us 50% of pure movement on spot. It's very good movement.
Especially I will buy TON for spot, when the price will reach the price $1.98 and sell on $3.00. Because after I think we will see a correction movement ~2.10 - 2.20
TON: Pullback in UptrendTrade setup : Price is in an Uptrend. It got rejected at $2.60 resistance zone, just as it did in early 2023. Pullback near $1.95 support area could be an attractive swing entry in Uptrend, with upside potential back to $2.60 (+30%) .
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.95, then $1.60. The nearest Resistance Zone is $2.60.
TONCOIN first correction, then growthHello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅
TON is now in a slight correction after the addition of futures, it was expected that they would raise euphoria with this event and then start shaving.
The only question is, where will the correction be? I think that perhaps in the future, as the market falls, we will drop below $2 for TON and after that we will again see some kind of powerful rebound against the entire market, the market maker will begin to plant somewhere around $3 again.
As you know, I already fixed the spot position on TON, I managed to make a small profit, which I’m actually happy about! At the moment, I’m just monitoring the asset and in the future I’m thinking about re-acquiring the asset again, but for now I need to wait for a price that’s favorable to me.
Guys, the graph is just a sketch, you can say I drew it for myself, and then make the decision yourself!
TON: Pullback in UptrendTrade setup : Price is in an Uptrend . It got rejected at $2.60 resistance zone, just as it did in early 2023. Pullback near $1.95 support area could be an attractive swing entry in Uptrend, with upside potential back to $2.60 (+30%).
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.95, then $1.60. The nearest Resistance Zone is $2.60.
TON may crash deeplyHello trading view community, Should you like this analysis please support with like and comment your idea below this analysis please.
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TON in daily time frame has surge three times starting with 27°, 47° and last one 77° and reached to $2.59 though it seems that TON has already started a new trend which has already been confirmed, it may carsh up to $1.52 approximately down to its own recent base.
This is a personal idea and I am not a financial advisor