Hi friends,
Today, we analyzed the TON chart in the Daily time frame. As marked on the chart, we had an important support level at the price of $4.63, which was broken two months ago.
It had a short squeeze and later, with the news of Paul Dorov, it had a good recovery, which failed to activate the daily V pattern.
Also, we have a daily resistance trend line that has rejected the price multiple times.
With current price action, we have a good level for shorting it below $3.33.
Today, we analyzed the TON chart in the Daily time frame. As marked on the chart, we had an important support level at the price of $4.63, which was broken two months ago.
It had a short squeeze and later, with the news of Paul Dorov, it had a good recovery, which failed to activate the daily V pattern.
Also, we have a daily resistance trend line that has rejected the price multiple times.
With current price action, we have a good level for shorting it below $3.33.
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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.
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.