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!
Tonusdt
TON has significant potentialHi traders! Today we're talking about TON, a coin that is trading in an ascending channel.
On the TON/USD chart, we can see that the coin has been trading in an ascending channel for some time now. This means that the price of TON is increasing within the two parallel lines that form the channel.
What does this mean for traders? If we look at the TON chart in the context of the ascending channel, we can expect the price to continue to rise. Of course, this doesn't mean that the price can't fall, but growth is more likely in this context.
What are some possible entry points? If we consider the ascending channel, we can look for possible entry points at the support line of the channel. In other words, when the price of TON reaches the lower line of the channel, it may be an ideal time to enter into a buy trade.
Of course, we always need to be cautious and use additional analysis tools to confirm our decisions. But overall, the ascending channel is a very interesting indicator for traders who want to profit on TON.
It's also worth noting that TON has a significant potential for growth in the future, as the project has a strong team and a large community of supporters. So, if you want to take a position in TON, it's worth considering the possibility of entering into a trade within the ascending channel.
✴️ The Open Network - TONUSDT (Name Your Altcoin #46)The Open Network (TONUSDT) has been in a strong uptrend... Volume has been dropping yet it remains above all the moving averages with a strong RSI, the bullish bias intact.
The chart is pretty young here and this limits our analysis, so I can only share with you few details as we have no long-term data.
The blue levels marked on the chart are for support.
These levels are irrelevant unless there is a strong drop.
As long as TONUSDT is trading above EMA50 ($2.259) and EMA10 ($2.305), we only focus on the bullish side.
Even though we have little history I can still extract some targets.
71% first followed by 125% from the current price.
We have a beautiful ascending channel and a nice bottom pattern June/July last years.
With Bitcoin breaking up strong;
With the Altcoins following suit and moving up;
The Open Network is likely to join the party and also grow.
Regardless of any type of speculation, for trading we prepare by setting some targets and a stop-loss.
If it drops we take action, we also take action if it goes up.
Answering questions such as: What to do if TONUSDT hits $4.000?
Sell, but how much?
What to do if it drops below EMA100 ($2.111)?
Hold, but for how long?
Sell and take the loss?
What if it bounces back and start moving up again?
Visualizing an answer to these questions before-hand can prepare you for all scenarios and help you make better decisions when it matters most.
Thank you for reading.
This is shared exclusively for learning and entertainment purposes only.
Not financial advice.
Namaste.
TON/USDT Analysis Update in Daily 🎯tonHI Friends 🌟
As we mentioned in the previous analysis of TON cryptocurrency; The price reacted by hitting the level of $2.9 and the selling pressure caused this cryptocurrency to enter the corrective phase. This price correction continued until close to the 0.618 Fibonacci line and the $1.8 support area. After finishing the corrective phase, the price was able to react to the resistance area of $2.7 again.
With the break of the red uptrend line to the bottom, the price is expected to choose the support areas of $2.2, $2 and $1.8 to form a reversal pattern.
Arztoday Team 💙
Analyzer ✍: AR.Rashidi
The Open NetworkThe processor is a device that contributes to a lot of intelligent delays organized in such a way that it seems logical in the output. The essence of its speed lies in the fact that the user can pay for additional equipment with the same chip in order to realize the "missed advantage" visually or aurally.
I don't think they're belittled by talk about their low level of performance as they are all examples of high aspiration. It works. You see, in all other theoretical disciplines, everyone wants to move faster, they want more knowledge and power from their authority, they want more information, points of view, secret teachings. But once you get to the existential experience, the accelerator becomes less interesting than the location of the brakes, which is what we're looking for. We're not trying to push it, we know how to push it to a speed we can't bear.
The inflation-adjusted deficit trend is the same!
TONUSDT Buy the pull-back aim for $2.900.*** ***
For this particular analysis on The Open Network we are using the TONUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where TON has been following the exact projection we made on our previous analysis on October 21:
As you see the price did break above the 1D MA50 (blue trend-line) and instantly made a strong rise. The 1D RSI is on a strong rise, and similar past sequence have ended on in Higher Highs within the Bullish Megaphone pattern that TONUSDT has been trading in since the June 19 Low.
Even the MACD has been printing a similar formation. We expect this to kick-start a similar rebound to a new Higher High, in which case it can be massive. The previous one topped just above the 2.0 Fibonacci extension level. If the pattern continues, the next Fib (3.0) is at 2.900 or at least the 2.0 Fib from the recent November 10 low which is at $2.690.
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TONUSD - Bullish Fibonacci Transition Transitions between a drawn Fibonacci circle can be seen to be full of bullish activity for TONUSD
The first pushing price way above a channel that can be drawn (price label 1.99)
The second being sharper but still within channel
And the next again breaking the channel pushing price up high (other label)
Interesting Chart
TON TRIANGLEThe TON coin suffered the least if we take the top 50 cryptocurrencies, the coin fell in price by 3%, unlike some coins that fell by 20+%. I expect this coin to be drained if the chart breaks the drawn triangle down to $1.45. The indicator VOL+ by DGT also shows the overbought of this coin.
TONCOIN + 50% Durov (telegram) announced the launch of auctions for the sale of nicknames based on TON.
On October 20, the official telegram usernames channel announced the imminent launch of the auction. The exact date is not named, but I believe it is the first half of November. The project is promising, with a professional development team. In a year, they have done more work than any other blockchain project.
I believe the price for the period of the auction will reach 1.95 and 2.30
TONUSDT Massive break above the 1D MA50. Potential +100% rise!*** ***
For this particular analysis on The Open Network we are using the TONUSDT symbol on the OKX exchange.
*** ***
The idea is on the 1D time-frame where TON is currently testing the 1D MA50 (blue trend-line) for the second day in a row. This test is carried out while the 1D RSI is on a strong rise, similar to those of July 26 - 31 and June 18 - 21. Those rises staged the Higher Highs of the Bullish Megaphone pattern that TONUSDT has been trading in since the June 19 Low.
Even the MACD has been printing a similar formation as the one that preceded the July 26 Low. A closing above the 1D MA50 can potentially kick-start a similar rebound to a new Higher High, in which case it can be massive. The previous one topped just above the 2.0 Fibonacci extension level. If the pattern continues, the next Fib (3.0) is at 2.900, with such a move representing a potential +100% rise! The Risk/ Reward Ratio is excellent on this break-out trade.
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TON USD | zone of interest almost reached!Hello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
Hello friends, I decided to update the idea for an interesting TON project for you!
From the last signal and video review, I said that I was waiting for a correction to the $1.5-1.3 zone until the asset reached these values, but we are already close!
It is from these zones that I would start buying up to the $ 2 mark for now, just watching)
Not financial advice, just sharing my thoughts on a chart!
Flowing merge divergenceWithout going into a lot of speculative details of Ethereum clones merge, it is not difficult to guess that the pyramid built on forks rusting under marketing sauce needs to be strengthened. However, and even more so since it is technically obvious that this will not help the endlessly hollow authoritarian shell of the original bitcoin survive in the coming years. The staging chart shows the historical inertia of the artificially pegged price and the trend of "fidelity" falling below the last low, in contrast to the same indicators of a stable and truly unchanged protocol.
TONCOIN| When will this rocket stop?!!!!Remember I talked about this project
▫️ So I decided to look at the chart and saw this rocket that has already broken $ 1.5
▫️I said that this token will bring my deposit 70% on the spot in a couple of months, I take my words back, it happened in ▫️one month exactly (86.78%) to the deposit on the base
▫️Do you think this is it? No, this project has a potential future. Just look at what happened exactly a month ago, few people believed that this particular token would be so close to $2
▫️When bitcoin is in such a boring flat as it is now, you should pay attention to other projects
TONUSDT Channel Up leading the way through Resistances.The Toncoin (TONUSDT) broke on August 23 above the 1.4230 (now former) Resistance, as we first explained on a June post:
As you see since the July 25 Low, a Channel Up pattern is guiding the price through the Resistance levels on a classic Higher Highs/ Higher Lows technical set-up. On top of that, the 1D MA50 (blue trend-line) has been supporting since August 05 while the 1D MA100 provided a rebound on August 22. The two crossed above each other on September 01 to form the 1D MA50/100 Bullish Cross pattern.
With the 1D RSI remaining on the upper bands of the bullish territory, we expect the price to hit each of the above Resistance levels as part of a Higher High formation and then pull-back to re-test the former Resistance as a Support. A break above Resistance 3 (2.4900) should officially put the token on Bull Cycle territory, while below the 1D MA100 (closing) should be a sell break-out signal towards July's low.
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TONCOIN | Continues to grow despite the correction!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌TONCOIN Continues its growth despite the market correction, all because this project has its own ecosystem and there are many further plans for the future.
📌From the technical side, the asset has broken through the countertrend line and is moving towards $1.5
📌I bought an asset when it was trading at $0.9 +70% for a couple of weeks, so far it looks good!
📌 Guys, this is not financial advice, here you already make a decision yourself whether to buy this asset or not.
TONCOIN | continues to gain momentumHello trader Today I prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅
▫️ While the whole market is red, this rocket continues to gain momentum. They broke through the global countertrend and nearest targets of $1.5 I think it will be very soon.
▫️You can also read my post on tradingview on this coin, I think you will learn a lot of new things for yourself.
▫️Guys, this is not financial advice, here you already make a decision yourself whether to buy this asset or not.
TONUSDT Lower Highs break-out but Resistance come to playToncoin (TONUSDT) made a convincing bullish break-out yesterday above the Lower Highs trend-line that has been keeping the price action below since the April 21 dump. Today it is attempting a 1D candle closing above the 1D MA50 (blue trend-line).
After the break-out that turned the trend bullish at least on the short-term, the Resistance levels formed of the previous Lower Highs are now coming to play. Our strategy is to buy every 1D candle close break-out and target just below the next Resistance.
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