TON: sell in high CH📊Analysis by AhmadArz:
🔍Entry: 5.384
🛑Stop Loss: 5.453
🎯Take Profit: 5.303-5.160-5.046
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TONCOINUSDT
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.
TON → Sideways Forever! Until Now?? Let's Maximize Your Profits.TON has been meandering sideways for weeks after its bear drop in November. Are we ready to take a trade?
How do we trade this? 🤔
We have a gap to the previous Support Area, price rejection at the Daily 200EMA, a useless RSI reading, and Bitcoin hinting at a move to the downside. This isn't a perfect setup, but we have enough to consider a small position 1:1 Risk/Reward scalp to the downside. Wait for a break below the 30EMA with a bear candle closing on or near its low. It's then reasonable, with a small position size, to take a short trade back to the Support Area. Keep an eye on Bitcoin's behavior as well. A good dive from Bitcoin could take the rest of the market in that direction.
💡 Trade Idea 💡
Short Entry: $2.1750
🟥 Stop Loss: $2.2700
✅ Take Profit: $2.0800
⚖️ Risk/Reward Ratio: 1:1
🔑 Key Takeaways 🔑
1. Price Rejected above 200EMA.
2. Gap to Support area, Bias to short.
3. Wait for Bull Sell Candle Closing Below 30EMA
4. RSI at 50.00 and Above Moving Average, Indecision.
5. Bitcoin may Pullback or Reverse, could influence TON Price.
💰 Trading Tip 💰
Lower probability trades with Risk/Reward Ratios around 1:1 should have small position sizes. The risk is too great and the probability doesn't carry enough to make the trade worth risking your maximum allowed loss.
⚠️ 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!
An obvious and strong position for the ascent of Toncoin...In continuation of the previous analysis (link below) of Toon Coin in today's weekly time frame, this climb becomes active.
With this move, TenCoin can go up to the price of about 4 dollars. Tone Coin seems to work very classically and technically. Because his movements are very patterned and technical.
Let's go to $4...
TON/USD 12hour UPDATE BY CRYPTO SANDERS !!hello, welcome to this TON/USD update by CRYPTO SANDERS.
CHART ANALYSIS:- Toncoin (TON) was one of Thursday’s notable gainers, as the price rallied by as much as 4% in today’s session.
Following a low of 1.75 on Wednesday, TON/USD rose to a peak of 1.88, earlier in today’s session.
The move comes days after the token reached a high of 2.05, which was the highest point it has hit since May.
, the rise in price comes as the relative strength index (RSI) jumped to a floor of 60.00.
At the time of writing, the index is tracking at 63.35, with the next point of resistance around 66.00.
In the event it moves beyond this level, there is a good chance that the price will move back towards 2.00.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
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
TON coinHello everyone! Today, I want to share an interesting piece of news about the TON coin. Recently, Pavel Durov, the founder of Telegram, announced the issuance of Telegram bonds. He shared this information on his official channel.
Furthermore, Durov stated that he also holds BTC and TON. This indicates his trust in these cryptocurrencies and may have a positive impact on their fate.
I have written about the TON coin and its prospects multiple times before. Personally, I hold TON coins for the long term, and if the price continues to rise, it will be pleasant.
In my analysis, I have identified an interesting zone where I plan to set a limit order in case of price decline.
After the World Cup, TONCOIN can give us another great joy!Good breakout for a precious short opportunity! Don't miss it out!
TONCOIN (Telegram official Coin) - huge pumpwe are not even pumped yet !
most of the telegram users didnt even know about telegram coin which is called toncoin ... if u have some money and wanna hold it for a long time maybe next year we will see toncoin around 10 buckzzzz
3 countries in Africa accepted toncoin and also they are making stable coins on the layer one blockchain of telegram
this might be the green light for investors to invest in something that in up coming years will be exploded
if u wanna buy this asset just try to buy with ur profits and buy in different areas as much as u can its gonna be HUGE
Thanks
$TONCOIN 50-100x opportunityLong term (1 year+)
Revolutionary project. Learn about it.
Take profit 1: 150$
Take profit 2: 300$
No stop loss.
Do your own research.