#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 in the 1:1.618 extension Golden Window.
And so it may well prove to be a completed 1:1.618 3 wave correction.

This is deep so if it breaks out then it could be great multipliers.
TON is a top tier coin.
Not advice
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 in the 1:1.618 extension Golden Window.
And so it may well prove to be a completed 1:1.618 3 wave correction.
This is deep so if it breaks out then it could be great multipliers.
TON is a top tier coin.
Not advice
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.