19.10.2023 - SELL GOLD at 1948.00 The recent price movement aligns perfectly with my previous analysis. The market is currently progressing towards the key resistance level. The price managed to break out of a descending channel after forming a double bottom at the support level. I believe there is a possibility of gold retracing from the resistance zone and the upward trendline, given that we have witnessed a bullish trend for the past two weeks, and some correction is likely needed. Should the market test the 1968 level and encounter rejection, this could potentially lead to a bearish reversal. I anticipate a brief pullback from the resistance zone in the short term. My target is set on the support region around 1933.60.
Telegram
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's TON Coin: A Rollercoaster Ride 🎢What's the Deal with TON Coin? 🤔
TON, short for Telegram Open Network, is a layer-1 blockchain that Telegram launched back in 2018. It's got a sharded, proof-of-stake setup, making it super fast for transactions. 🚀
The OG Plan: Gram 💰
Originally, the network's currency was called 'Gram.' It was all about paying fees, settling payments, and making the network tick. They raised a whopping $1.7 billion in their ICO, second only to EOS. But then, they hit a wall. 🛑
The SEC Drama 🏛️
The Durov brothers almost got TON to the finish line, but then the SEC stepped in. They saw the Gram token as an unregistered security, and that was pretty much game over for Telegram's involvement. 🙅♂️
Community to the Rescue! 🦸♂️
But hey, TON's code was open-source. A bunch of devs took over and kept the project alive. They even renamed it to "The Open Network" but kept the cool TON abbreviation. 🔄
How's It Work Now? 🛠️
TON Coin is the new Gram, used for everything on the network. They've got a wallet for fee-free transfers, and it's the go-to for Telegram's Mini apps. Plus, they've got extra services like TON Storage and a decentralized VPN. 🌐
Speed & Tokenomics 📈
TON is fast, hitting a record of 55k transactions per second in 2021. It switched from proof-of-work to proof-of-stake in 2022. Right now, there are 3.4 billion TON coins in circulation out of a max 5 billion. Oh, and there's a tiny 0.6% annual inflation. 💹
DAO & Roadmap 🗺️
TON is a DAO, meaning token holders have a say in its future. Developer activity is booming, up 102% YoY. They're leveraging Telegram's massive user base to attract more projects. Even Tap Fantasy, a blockchain game, switched to TON recently. 🎮
So, TON's got a lot going for it. It's fast, it's got a strong community, and it's more than just a token—it's a whole ecosystem. 🌍
Worth keeping an eye (and some $$$) on 👀!
One Love,
The FXPROFESSOR 💙
TON. We tend to see what we want to seeI believe in the long term future of TON blockchain. It has a developing ecosystem, Nice UI and foremost - its HUGE USERBASE (Telegram).
Do you remember, how Reddit's NFT marketplace overcame OpenSea within few months after its launch? The secret was its userbase. MAU of Telegram is twice as big as Reddit. Imagine what will it bring to the table. Imagine Ethereum had 800m users at the start of its crypto invasion.
It is just a matter of time, when they will launch a full scale advertisement to drive the mass adoption of their wallet and the use of the blockchain by average user. And I do believe they will start this campaign right before the actual Bull cycle start. At the moment when everyone will become interested in crypto again, somewhere around the BTC halving period.
Meanwhile, back to the chart: we've formed the very similar ascending triangle structure within the ascending channel, as it was earlier, but smaller. Not sure if we will go through the roof right now, i'm thinking we'll go down to the triangle support for the last time in September and up to the highs of the channel from there.
We tend to see what we want to see, don't we? Let's check how it will play out this time!
Toncoin & Telegram Toncoin price today is $2.5 with a 24hour trading volume of 40 million dollar. TON price is up 3% in the last 24 hours and 50% up in a month and some traders still believe crypto is ded and boring!
Telegram building a crypto exchange and non-custodial wallets right now and using TON blockchain to buy and sell telegram usernames on Fragment website which is pretty cool.
In worst days of market TON hit another all time high and the chart still looks strong. Toncoin listed on Bybit and you can stake it on OKX exchange for 200% APY.
TonBtc is in correction phase as you see. for scalpers 2.2 - 2.7$ is a good range for making some money
VRM Vroom 2X Upside PotentialIf you haven`t bought VRM here:
Now VRM, Vroom, with its recent gap at the $4.50 - $5.10 level, presents an intriguing opportunity for investors.
Historical data indicates that gaps tend to fill 80% of the time, making this gap a potential target for short-term traders and investors.
The gap acts as a magnet, drawing attention to that price area. As bullish sentiment grows, the likelihood of the gap filling increases, potentially driving the stock price higher.
My price target is $5.10.
Looking forward to read your opinion about it.
TON Toncoin has been classified as a security by the SEC !The SEC's classification of Telegram's Gram (TON) as a security highlights the regulatory scrutiny surrounding certain cryptocurrencies. This classification implies that Gram tokens are considered investment contracts, subjecting them to securities regulations and requirements. Such regulatory actions aim to protect investors and ensure compliance within the evolving cryptocurrency landscape.
It reinforces the importance for cryptocurrency projects to navigate the regulatory landscape diligently and ensure compliance with applicable securities laws to foster investor confidence and industry growth.
My Price Target for TON is $0.73.
Looking forward to read your opinion about it!
Trading Idea - #NuSkinMy trading idea for - Nu Skin - BUY based on strong seasonality!
Entry: 40.00 USD
Target: 44.00 USD (+10% profit)
Nu Skin Enterprises is a direct sales company for health and beauty products.
I am buying a position in Nu Skin because of its strong seasonality.
In the period May to early August, the stock has outperformed its index (SP500) by at least 4% each year (for the last 20 years).
#TATA MOTOR Looking good for 3 apr #TATA MOTOR... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
#CIPLA... Looks good for 27 mar 23#CIPLA... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Trading Idea - #Volkswagen #VWMy trading idea for #Volkswagen #VW - LONG
Entry: 122.80 EUR
Target: 197.00 EUR (profit +58%)
- So far, there are few affordable small electric cars on the market. Volkswagen wants to change that and presents the ID.2all for less than 25,000 EUR. According to VW, the fully electric compact car will have a range of up to 450 km and will be launched on the market in 2025. The quick charge is supposed to take only 20 minutes.
- Volkswagen is pushing ahead with the electrification of its vehicles and plans to invest a total of 180 billion euros by 2027. With net liquidity of 43 billion euros, including 16 billion from the IPO of the Porsche sports car division, the Wolfsburg-based company considers itself in a solid position to handle the investments.
- Record profit at Audi! They sell fewer cars but earn more money.