TON I expect a bounce to $1.44.Hey, everybody!
TON is currently at a strong support level, I expect the price to rebound as soon as the market situation stabilises. Expected target 0.236 Fibo ($1.44)
If the asset is sold down, we can expect a fall to 1.618 Fibo ($0.965).
This is not a financial recommendation, everything you do is at your own risk.
Tonusdt
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.
TON Toncoin Potential Short Tern ReversalTON Toncoin currently demonstrates short-term upside potential, suggesting the possibility of a reversal and an upward price movement in the near term. The price action indicates a potential shift in market sentiment, with increasing buying interest that could drive the price higher.
Considering the short-term upside potential, a target of $1.55 could be set for TONCOIN. This target represents the projected level that could be reached if the reversal and upward momentum continue.
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!
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!