TONUSDT: Support Zone Hints at Potential BounceThe KUCOIN:TONUSDT chart is showing signs that could be encouraging for bulls. The price has reached a support zone formed by overlapping moving averages, which historically can act as a springboard for a rebound after a correction.
Bullish Indicator:
Support Zone: The confluence of moving averages creates a potential buying zone.
Price Correction: The recent price drop might be nearing an end, with a potential upswing on the horizon.
Potential Entry and Take Profit:
Entry: Consider entering a long trade after a confirmed breakout and formation of a new higher high.
Take Profit: Fibonacci retracement levels (1.0 and 1.618) can be used as potential profit targets. However, remember, these are just suggestions, and actual profit taking should be based on your risk tolerance and trading strategy.
Important Reminders:
This analysis is for informational purposes only and not financial advice.
Do your own research before making any trades.
Consider using stop-loss orders to manage risk.
Good luck!
Toncoin
TON Coin Support and Resistance Prediction Using TREX Price ActiUnlock the power of predictive analysis for TON Coin with our innovative approach using the TREX Price Action Method. TradingView introduces a cutting-edge strategy to anticipate future support and resistance levels for TON Coin, leveraging the intricacies of price steps to forecast market movements with greater accuracy.
What sets our method apart is its reliance on the TREX Price Action Method, a robust framework that combines technical analysis with the psychology of market participants. By dissecting historical price data and identifying key price steps, we're able to construct a comprehensive roadmap for potential support and resistance levels, paving the way for informed trading decisions.
Our publishing idea on TradingView encapsulates this strategy, providing traders with actionable insights into the future trajectory of TON Coin. Through detailed analysis and clear visual representations, we illuminate the critical zones where buying and selling pressures are likely to converge, empowering traders to optimize entry and exit points with confidence.
Whether you're a seasoned trader or new to the world of cryptocurrency, our approach offers a systematic way to navigate the volatile landscape of TON Coin. Join us on TradingView as we decode market dynamics, unravel the mysteries of support and resistance, and unlock the potential for profitable trading opportunities with TON Coin using the TREX Price Action Method.
Don't Miss "Telegram" Crypto for 700M+ Users, Actively DevelopedAs someone who was previously very optimistic about Stellar, I have found myself disappointed with the slow development speed of the project. Even Stripe, a major supporter of Stellar, no longer mentions it on their website (stripe.com). One example of this slow development is the complete halt of the development of zero-knowledge smart contracts (github.com), which was an exciting possibility for the project. The developer (twitter.com) of this feature even moved over to develop on the Telegram Open Network (TON) ecosystem.
TON is an attractive investment opportunity for several reasons. Firstly, Telegram, the messaging app, already has 700 million monthly active users as of June 2022, which means that all of them have access to TON already, providing a large user base for the cryptocurrency. Additionally, TON's underlying technology is designed to process millions of transactions per second, making it one of the fastest and most efficient cryptocurrencies on the market. The developers’ mission is to build a full-fledged ecosystem with decentralized storage, decentralized services, a domain name system (DNS equivalent), an anonymous network, an instant payment platform, and affordable/fast transaction processing - all major advantages as they allow for greater security and decentralization.
Another important factor to consider is the team behind TON, particularly the Durov brothers, Pavel and Nikolai, who have already shown their success in the tech industry with their previous project, VK, which is often referred to as the "Russian Facebook". Pavel Durov, in particular, is often referred to as the "Russian Mark Zuckerberg" due to his entrepreneurship and success in the tech industry. It's worth mentioning that TON is backed by a team who has a proven track record, unlike some of the big tech companies like Facebook who abandoned their crypto project, Diem (Libra). Having such a successful team behind TON adds to its potential for success in the crypto space.
In summary, Telegram Open Network (TON) is an attractive cryptocurrency investment opportunity that is actively developing and updating its technology. TON's underlying technology, large user base, and successful team behind it make it a strong contender in the crypto space. If you're looking for a cryptocurrency investment, TON is worth considering.
Potential Telegram IPO Has Caused a Surge in Toncoin's PriceToncoin ( LSE:TON ) witnessed a remarkable surge, catapulting 38% in just over a day, propelled by the anticipation of a potential initial public offering (IPO) by messaging app giant Telegram. The resurgence of interest in The Open Network (TON) comes amidst revelations by Telegram's CEO Pavel Durov, hinting at significant growth milestones and strategic developments within the messaging platform. As Toncoin's ( LSE:TON ) price skyrockets to new heights, investors and enthusiasts alike are captivated by the implications of Telegram's rekindled connection with TON and the broader cryptocurrency landscape.
Telegram's IPO Contemplation:
Telegram's consideration of an IPO sent shockwaves across the cryptocurrency market, reigniting enthusiasm for LSE:TON and propelling its price to levels unseen since 2021. Despite past regulatory hurdles, including issues with its initial coin offering (ICO), Telegram remains committed to leveraging The Open Network's capabilities, paving the way for a potential IPO that could democratize access to Telegram's value and maintain its independence from venture capital influence.
Toncoin's Meteoric Rise:
Toncoin's meteoric rise, surging to $3.84 per token, underscores the market's bullish sentiment towards Telegram's potential IPO and the broader adoption of The Open Network. With Toncoin ( LSE:TON ) experiencing a 19% gain in the past 24 hours and a remarkable 75% increase over the past month, investors are closely monitoring Telegram's strategic moves and the evolving dynamics of the cryptocurrency ecosystem.
Telegram's Growth Trajectory:
Telegram's exponential growth trajectory, highlighted by a surge in monthly users to 900 million and significant revenue generation from subscriptions and advertising, sets the stage for a promising future. Durov's vision of maintaining independence and democratizing access to Telegram's value through an IPO resonates with stakeholders, reflecting a strategic alignment with the principles of decentralization and inclusivity.
Notcoin's Impact and Toncoin's Future:
Toncoin's surge coincides with the rising buzz surrounding Notcoin, a viral Telegram game poised to launch its own crypto token on The Open Network. As Toncoin ( LSE:TON ) integrates with Telegram's ecosystem and leverages its burgeoning user base, the future prospects for LSE:TON appear increasingly promising, with potential synergies and partnerships further enhancing its utility and value proposition.
Toncoin's Explosive Future: Unpacking the Notcoin Buzz!I think Toncoin will soon see some good movements. According to rumors, there will soon be a listing of the Notcoin by Telegram, for those who are not aware, there's ongoing mining on the phone.
➖ Next, Airdrops will be distributed, and the coin is rumored to be listed on the OKX or Bybit exchange. Over 24 million people are already involved in mining and completing tasks to extract Notcoin tokens, to eventually receive how much?
➖ No one knows yet, but just in case, I continue to mine coins and reached Diamond. So, why could there be a rise to $5-$12?
1) During the Notcoin Airdrop, Toncoin will be required to send coins to the crypto exchange, and for this, 20-30 million people will need to buy Toncoin, which in this case will create a rapid demand for the coin, to send the mined Notcoin to OKX or Bybit exchange and sell :).
2) If the price is raised to $5, then Toncoin will enter the TOP-10 on Coinmarketcap - this is necessary to create hype. If, for example, the price is raised to $12, then Toncoin could enter the TOP-5 from Coinmarketcap.
➖ The nearest target for TON's growth is $5-$12
Currently, futures trading has been launched with the trading pair of 1 million Notcoin for Toncoin, starting at 0.50 Toncoin, and is now approximately 0.773 Toncoin for 1 million Notcoin. The trading is conducted on the Storm Trade platform, as announced in the official Notcoin Telegram group. I tried buying Notcoin with a small amount without using leverage and am waiting for its listing on exchanges like Bybit and OKX. If you don't have an account on these exchanges, I recommend using my links below.
Char = 1 Million Notcoin's / Toncoin:
What do you think about this?
Telegram's Advertising Platform Launch Ignites Toncoin SurgeThe recent surge in Toncoin ( LSE:TON ) price, soaring by an impressive 35%, has sent shockwaves across the cryptocurrency market. This meteoric rise can be directly attributed to the unveiling of Telegram's highly anticipated advertising platform. Telegram, known for its robust messaging service and commitment to user privacy, is now stepping into the realm of advertising, promising a revolutionary approach that has captivated investors and enthusiasts alike. Let's delve deeper into how the launch of Telegram's advertising platform has catalyzed the surge in Toncoin's value and reshaped the monetization landscape for content creators on the platform.
The Significance of Telegram's Advertising Platform:
Telegram's decision to introduce an advertising platform marks a significant milestone in its evolution as a social media and communication powerhouse. With millions of active users worldwide, Telegram has long been a favored platform for secure messaging and community building. Now, with the introduction of advertising capabilities, Telegram is poised to redefine how content creators monetize their channels and engage with their audiences.
Impact on Toncoin Price Surge:
The unveiling of Telegram's advertising platform has had an immediate and profound impact on Toncoin's price ( LSE:TON ), catapulting it to over $2.7 and marking a remarkable 35% surge. This surge underscores the market's recognition of the potential for increased adoption of Toncoin ( LSE:TON ) within Telegram's ecosystem. Investors are eagerly eyeing the promise of advertising revenue and the platform's expanding reach, driving demand for Toncoin to new heights.
Monetization Opportunities for Channel Owners:
One of the most compelling aspects of Telegram's advertising platform is the unprecedented monetization opportunities it offers to channel owners. With a revenue-sharing model in place, channel owners can now receive 50% of ad revenue in Toncoin ( LSE:TON ). This incentivizes content creators to actively participate in the platform, fueling demand for Toncoin ( LSE:TON ) and creating a virtuous cycle of value creation.
Integration of TON Blockchain:
Telegram's decision to leverage the TON blockchain for ad payments and withdrawals underscores its commitment to efficiency and security. By harnessing blockchain technology, Telegram ensures fast and secure transactions, enhancing the overall user experience within its advertising ecosystem. The integration of Toncoin ( LSE:TON ) into Telegram's advertising ecosystem creates a seamless and self-sustaining cycle of value creation, further solidifying Toncoin's position within Telegram's evolving landscape.
Conclusion:
The launch of Telegram's advertising platform has ushered in a new era of monetization opportunities for content creators on the platform. With Toncoin ( LSE:TON ) at the forefront of this revolution, investors are bullish on its prospects within Telegram's ecosystem. As Telegram continues to innovate and expand its offerings, the synergy between Toncoin and Telegram's advertising platform is set to drive further growth and innovation, cementing their positions as leaders in their respective fields.
TONCOIN - A quietly rising mystery coin TONCOIN - LSE:TON
TON is looking interesting here.
✅Above 200 SMA
✅Series of higher lows
✅BTC pair appears to be bottoming out
- 2 to 4 weeks in bottoming zone normal historically
⌛️Challenging POC (breach above pending)
⌛️Pennant Decision point imminent (pending)
Eyeing mid March for conclusive direction, early bid possible here with stop under 200 DSAM (of which we had two recent bounces).
Whats Toncoin?
Im not here to sell the coin, this is just a brief description to plant what the coin is in your minds eye, I focus on the chart.
Toncoin is 15th by Market Cap on coin market cap and has a circulating supply of 3,467,488,458. TON is not directly available to buy on Coinbase yet (without web3wallet). Its directly available on the likes of OKX and KuCoin.
Toncoin (TON) is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. The project was then abandoned, taken over by the TON Foundation, and renamed from "Telegram Open Network" to "The Open Network".
TON stands out due to the fast processing/validation of transactions per second (TPS). In September 2021, the network processed a then-world record of 55,000 TPS during a contest, although the current TPS could be in the hundreds of thousands or even millions. This feature allows the project to grow rapidly while avoiding performance losses.
I have not decided to pluck a small position YET but I will keep you posted on if I take a bid.
PUKA
#Altcoin #Toncoin BITFINEX:TONBTC
TON Toncoin Price TargetIf you haven`t bought the dip on TON:
With the stock market reaching record highs, there is growing optimism that the positive momentum could spill over into the crypto market.
Historically, we've seen a correlation between bullish sentiments in traditional markets and increased interest and investment in cryptocurrencies.
As traditional investors seek diversification and alternative assets, the crypto market, with its potential for high returns, could benefit from this wave of enthusiasm.
This alignment with the prevailing positive trends in the stock market might act as a catalyst, fostering a bullish outlook for the crypto market in the coming days.
My Price Target for TON Toncoin is the next resistance, $2.25.
TON-2024Ton is in the FIRST global redistribution in the form of a triangle!
The price of the total volume is 2.281
Everything below is acceptable for purchase for a couple of cycles and more than 5-10 years!!!
I expect an exit at the end of this month!
The first control zone is 5.646-11.140
Level 7.931
Next zone 40.526-147.418
District 69.801-85.589
TON. Time to accumulate.TON has been in formation of an ascending triangle for the past year and a half. Also, you can see the side parallel channel here. Huge candle shadow that touched the middle of this channel indicates validity of formation and level that kept the price from further falling can be called strong. However, ascending triangle pattern is a little more than half filled, and in my opinion, we can’t expect prices to rise in the near future... The time for accumulation is coming, before the future major bullish movement.
Telegram Coin (TONUSDT) 50% Surge AheadAnticipating a 50% surge in Telegram Coin (TON) in the forthcoming weeks could be in the cards. Examining the daily chart reveals a consistent pattern of respect for demand zones, ranging from a major zone around $1.9 to a minor zone near $2.2.
Currently, TONUSDT is undergoing testing within the demand zone and a simple uptrend line, marking a critical price zone exhibiting extreme buying pressure. Should TON maintain its position within this area, an expected 50% rally might unfold, a move that could span from a few days to a few months.
TON → Failure to Break 200EMA! More Downward Pressure Coming?Toncoin has failed to break the 1HR 200EMA consistently for over a week which doesn't scream much confidence for the bulls. Are we about to see another dip?
How do we trade this? 🤔
The last 5 failures to break the 200EMA are a strong signal to short. Each candle sports a big wick on their top and collectively are forming a double top patten which usually includes a fall in price. If a strong bear candle closes and the RSI falls just below the Moving Average, it's reasonable to short a 1:2 Risk/Reward Ratio down to just before the Previous Support at $2.024.
💡 Trade Idea 💡
Short Entry: $2.1800
🟥 Stop Loss: $2.2375
✅ Take Profit: $2.0650
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Bear Trend, Bias to Short.
2. Failure to break 200EAM, Look for Short Entry.
3. RSI at 56.00 and on Moving Average, Supports Bear Bias.
4. Two More Failed Attempts to Break 200EMA, Short with Confirmation.
5. Bitcoin at Risk of Trend Change, Supports Short Bias.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
TON → Rejected at Lifetime Resistance! Let's Maximize Profits.TonCoin has been rejected at the Lifetime Resistance zone and is currently falling toward the Weekly 30EMA. The trading area between the 30 EMA and Resistance Zone is relatively tight making a good Risk/Reward Ratio more difficult to obtain.
How do we trade this? 🤔
The Crypto Market is currently bullish so we should be looking for price areas to get long. We saw a bear signal candle on the week of November 6th, when the price began to pull back. The pullback does not appear to be over, so we need to wait for support to be established. The next reasonable area to expect support is the Weekly 30EMA. If we find a strong bull signal candle and confirmation at that price range, it's reasonable to long at 1:2 Risk/Reward back to the lifetime resistance.
I would caution swinging any part of that position expecting a break beyond the Lifetime Resistance level as I believe the crypto market as a whole has one more good bear dive before we move to new all-time highs.
💡 Trade Idea 💡
Long Entry: $2.15
🟥 Stop Loss: $2.53
✅ Take Profit: $1.96
⚖️ Risk/Reward Ratio: 1:2
🔑 Key Takeaways 🔑
1. Price Rejected at Lifetime Resistance.
2. Weekly 30EMA Target for Support.
3. Wait for Price to Show Support at 30EMA
4. Bull Signal and Confirmation bar on Daily Chart to Long.
5. RSI at 56.00, below Moving Average. Bias to Short in the Short-term.
⚠️ Risk Warning! ⚠️
Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk!
Like 👍 and comment if you found this analysis useful!
TON Blockchain Integrated Into Bitget Wallet As Its BlockchainThis addition will provide seamless access for 12 million users to the TON network opportunities, allowing them to manage assets and make on-chain transactions.
Bitget Wallet adds TON blockchain support
Bitget Wallet, the leading Web3 wallet, announced the integration of the TON blockchain to enhance Web3 users' experience.
Created by the Telegram team, TON boasts high scalability, reaching for millions of transactions per second (TPS) to serve multi-million user bases. The Open Network is a revolutionary technology to unite all blockchains and the internet into one open network.
This outstanding performance positions TON as a pivotal force in the Web3 and digital landscape. By fostering a Web3 ecosystem within Telegram, TON bridges Web2 and Web3, advocating for widespread cryptocurrency and decentralized technology adoption.
Bitget Wallet's backing of TON showcases comes as part of its global effort to contribute to increased adoption of digital assets and Web3 technology. This reflects Bitget Wallet's continual dedication to providing user-friendly and accessible product encounters, enabling its users to seamlessly enter the Web3 sphere.
More joint initiatives to kick off
In the nearest future, Bitget Wallet plans to expand user access to TON opportunities, including a wider range of DApps, tokens, and introducing trading features such as candlestick chart. The wallet also intends to launch innovative products like the Telegram Red Packet feature, leveraging TON and Telegram's capabilities.
With a global user base exceeding 12 million, Bitget Wallet ranks among the world's most popular crypto hot wallets. It became the fourth-largest position in global downloads in October.
The integration with the TON mainnet is poised to further boost liquidity and expand the user base of the TON network. Given the TON technological potential and promising market performance, the integration opens up new perspectives for such Web3 gateways as Bitget Wallet. In September, against unfavorable economic events, TON token’s price increased by 15%.
TON → Break Resistance or Flop? Hold Your Entry! Lets Review.Toncoin is racing upward to break resistance in this perfect ascending triangle! Is there enough momentum for the pattern to play out? Or will the price surprise us and reverse down to the 200EMA?
How do we trade this?
If you're not already in a trade, do not enter . There is pain in either direction; we're too close to resistance to long and we don't have a bear signal bar or any strong data to support a reversal. Best to wait on the sidelines until one of two scenarios happens.
1. If the price breaks the Resistance Zone and shows support after the breakout, a long entry is reasonable. It would be a bonus if we see Bitcoin break its Weekly Resistance and make its way toward the $40,000 price range, which brings bullish sentiment to the Crypto market.
2. If the price fails to break resistance and shows us a strong bear signal bar; pin top with the small body closing on or near its low, then a short entry may be reasonable. The probability would be greater if you waited until the support line was broken and a strong bear candle closed below it.
Until then, let's see where the price action goes. FOMO (Fear of Missing Out) is your worst enemy. You're making more money by not falling for the seduction of market profit.
Trade Ideas
Short Entry : $2.33
Stop Loss: $1.39
Take Profit: $2.65
Risk/Reward Ratio: 1:1
Long Entry: $2.82
Stop Loss: $2.50
Take Profit: $3.47
Risk/Reward Ratio: 1:2
Key Takeaways
1. Ascending Triangle, Bias to Long.
2. Two Failed Attempts to Break Resistance.
3. Wait for Price to Break and Hold Above Resistance.
4. If Price Falls Below Support Line, Look to Short.
5. RSI at 53.00, above Moving Average. Bias to Long.
You are solely responsible for your trades, trade at your own risk!
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TON Looking to Close the Gap! This Trade Setup Takes AdvantageTON is showing great support along the ascending support line. The last three bars are confirmation bars supporting the bias that the pattern will continue. We're approaching previous highs from early 2023/2022 around $2.70, a resistance zone that stands in the way of the bullish price action.
How do we trade this?
The price currently trending upward and showing support along the ascending support line. RSI is above the moving average and there's a gap to the top of the resistance zone. But what about the resistance zone? From a trade management perspective, we have a 1:2 Risk/Reward ratio and the probability of profit on our side. It's reasonable to long here, setting a protective stop around $2.27 and a take profit around $2.70.
Key Points
1. Ascending Triangle, Long Bias.
2. Multiple Buy Signal bars on Support.
3. Gap to Previous High of $2.70, Top of Resistance Zone.
4. RSI around 55 and above the moving average, supports Long BIAS.
You are solely responsible for your trades, trade at your own risk!
Let us know what you think in the comment section below!
Cryptocurrency TON to be Featured in Telegram GiveawaysTelegram is set to introduce a new feature that will allow channel administrators to conduct giveaways supported by the cryptocurrency TON. This exciting development was announced by Andrey Rogozov, the founder and CEO of The Open Platform, at the ongoing The Gateway conference in Dubai.
The integration of TON support , along with NFTs and TON-based altcoins, is poised to open new avenues for audience interaction and engagement in Telegram channels. This represents a significant advancement for the Telegram ecosystem, enhancing the user experience by adding a new layer of interactivity and participation within the community.
Trader's Forecast: The Potential Impact on TON's Value
This new development could signal a bullish trend for TON. The visibility and utility of TON are likely to increase as it becomes integrated into Telegram's widely used platform. The ability to distribute TON through giveaways could foster a positive sentiment and potentially lead to higher demand.
Given Telegram's vast user base, this synergy between TON and Telegram might be a pivotal factor in increasing the adoption and market value of TON. However, as with any investment in cryptocurrencies, market dynamics and external economic factors should be considered.
Over the next year, the success of this integration and its adoption by the Telegram community will be critical in determining TON's market trajectory. Traders and investors should closely monitor the developments and reception of TON within the Telegram ecosystem.
#TONCOIN #TON Long-Term targets, until end of 2025#TONCOIN #TON Long-Term targets, until end of 2025
Compared to the rest of the market currencies, TON currency has been listed in the exchanges for a short time and has an incomplete chart since this day, and for this reason, it is more difficult to recognize its long-term goals. But if we use the data provided by this chart, it can be seen that during 2022, a five-wave bullish structure will be formed, and always a five-wave structure, after correction, will lead to at least one more five-wave structure. had
Therefore, using the Fibonacci tool, the possible targets of the TON currency can be estimated until the end of 2025.
taget1: 11$
target2: 18$
target3: 43$
target4: 73$
entry:
2 - 1.6$
stop loss: 1.2$