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Tonusdt

TONUSDT: High Probability SetupsYello Paradisers! 🚨 If TONUSDT corrects lower, we could see a potential bounce from the identified demand zones. But for this to happen, we need confirmation. 💎TONUSDT needs to display a Change of Character (I-CHoCH) on the lower time frames, which would shift the structure to a bullish outlook and strengthen the likelihood of a bounce from this zone. 💎If the price falls below the initial zone, it could drop to our stronger demand area below. Don’t forget that there’s a supportive trendline in this region, which could act as an inducement for price. To validate this setup, look out for bullish patterns like a W pattern, Inverse Head and Shoulders, or signs of bullish divergence—these will make it a higher probability move to the upside. 💎However, if we see a strong candle close below these levels, it would invalidate this setup, and we would need to reassess the scenario. Remember, TON is fundamentally solid, so the focus should be on high-probability long setups. Patience and precision are key here, Paradisers! Stay strategic and wait for the best opportunities—consistency is what sets the pros apart from the rest. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
6
Toncoin is likely stuck below $6 until the end of OctoberToncoin (TON) price has experienced turbulent movement in recent weeks, with failed attempts to secure $5.96 as a support level. Since then, the price of the Telegram-linked cryptocurrency has faced a correction, and it is currently trading below key support levels. This downward trend has raised concerns among investors, with many questioning whether TON can regain its bullish momentum and potentially break above $6 by the end of October. The Ichimoku Cloud indicator is signaling considerable bearishness for Toncoin. The cloud is positioned above the candlesticks, which is generally viewed as a negative indicator for price action. Meanwhile, Toncoin is currently trading at $5.29, below the crucial support level of $5.37, following an 11.5% drawdown over the past week. If the selling pressure continues, TON may drop further, with a potential decline to $4.86. This would extend the recent losses and place additional strain on the coin’s outlook. The range between $5.37 and $4.86 has acted as a consolidation zone in the past, meaning that TON could enter another period of stagnation. If consolidation occurs, it would likely prolong investor losses and delay any potential recovery. To invalidate this bearish outlook, Toncoin would need to reclaim $5.37 as support. Securing this level could provide a much-needed boost, allowing the cryptocurrency to make another attempt at $5.96, bringing it closer to the $6.00 target.
Short
by paul_endeo
TON buyTONUSDT 2024-09-30 | 📊 Technical Analysis and Trade Setup 💹 Toncoin (TONUSDT) is currently in a mild uptrend, trading around 5.799 USDT. The price action shows a steady recovery after a significant drop, with higher lows indicating increasing buyer strength 📈. Key support levels are at 5.611 and 5.037 USDT, while resistance stands at 6.150 and 6.750 USDT. 🚀 Buy Entry: 5.799 USDT 🎯 Take Profit (TP-1): 5.581 USDT 🎯 Take Profit (TP-2): 5.811 USDT 🎯 Take Profit (TP-32): 6.150 USDT 🔻 Stop Loss (SL): 5.037 USDT If the price holds above the support zone and breaks through resistance, we could see further upward momentum 📈. Manage your risk with a strict stop-loss below 5.037 USDT ⚠️.
Long
by ahmadarz
Toncoin price rise above $6: possibilitiesToncoin’s (TON) price recently failed to breach the crucial resistance level of $6.00, a key psychological barrier. Although the altcoin reached $5.96, it could not sustain the momentum needed to flip this level into support. Despite this setback, the possibility of recovery remains, with Toncoin still holding the potential for upward movement. The macro momentum for Toncoin has started to show signs of weakness. Moving Average Convergence Divergence (MACD) indicator, widely used to gauge momentum, suggests that bullish momentum is dissipating. The receding green bars on the histogram point to this loss of momentum, indicating a weakening bullish trend. Toncoin is currently trading at $5.81, having recently failed to breach the resistance at $5.96. This resistance is pivotal for the cryptocurrency, as breaking past it would pave the way for an attempt to cross the $6.00 mark, a level that remains elusive. Despite the failed breach, Toncoin still has a chance at flipping $5.96 into support. If successful, this could trigger a rally that would push the altcoin higher, with $6.36 being the next target for bullish investors. However, if Toncoin fails to break $5.96 again and bullish momentum continues to wane, the asset may enter a consolidation phase. This could result in Toncoin trading between $5.37 and $5.96, potentially invalidating the current bullish outlook.
Long
by paul_endeo
TON : The prospect of increasing?BINANCE:TONUSDT As you can see, the price has risen after reaching the support level, and this could be the beginning of a 5-wave upward movement. The completion of the downward waves (abc) ,increases this bullish signal. Analysis Summary: Current Situation: The price has risen after reaching the support level, indicating a potential bullish reversal. This upward movement could be the start of a 5-wave bullish pattern. Wave Structure: The chart indicates the completion of the downward corrective waves (A, B, C), increases the likelihood of a bullish trend, as the market may now enter the 5-wave upward movement. Potential Scenarios: Bullish Scenario: If the price continues to rise, it could follow the 5-wave pattern, indicating a strong bullish trend. This would mean higher highs and higher lows, confirming the upward movement. Key Levels to Watch: Traders should monitor the support level to ensure it holds. If the price stays above this level and continues to rise, it confirms the bullish scenario. Conclusion: The chart combines support levels and Elliott Wave Theory to predict a potential bullish trend. The rise in price after hitting the support level and the completion of the downward waves suggest that the market may now enter a 5-wave upward movement, indicating a strong bullish signal. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
1
TONTON/USDT Analysis: 4-Hour Timeframe 📊 The chart displays Toncoin’s performance against USDT on a 4-hour timeframe, highlighting important dates for potential price movements. 🟢 September 26, 2024 - Buy Date (Green Line): This date signals a potential local bottom for TON, indicating a possible buying opportunity before an expected price increase. 🟢 September 29, 2024 - Buy Date (Green Line): Another local bottom is forecasted for this date, presenting another opportunity to enter long positions as a price increase is expected following this period. 🟢 October 9, 2024 - Buy Date (Green Line): A significant bottom is anticipated around this date, making it a favorable moment to accumulate or enter long positions before the next expected upward movement. 🕒 Note: All times are based on Los Angeles time (UTC -7). Always consider a potential margin of error of 1-2 candles and cross-reference this analysis with additional indicators for confirmation.
by trushkovskiy
TONUSDT Potential Buy OpportunityTONUSDT has formed a double bottom below the crucial 5.00 level and subsequently rebounded, closing above it. However, recent price action shows signs of weakening, as indicated by bearish divergence, which suggests the possibility of a pullback. Historically, the price has been consolidating within the 5.0 to 6.0 range, forming a triangular pattern. This implies that the market could stay confined within this range for a while. The price might pull back toward the key support level, potentially treating the double bottom as a false breakout. The target is the resistance zone around 5.90
Long
by RTED_Investing
Toncoin (TON) price analysisToncoin’s (TON) price has seen relative stability in recent price action, holding firmly above the $5.49 support level. However, for true recovery and significant growth, TON needs to flip the $5.96 resistance into support. Only after crossing this threshold can TON unlock its potential to deliver substantial profits to investors. Toncoin is on the verge of a major profit breakthrough, potentially bringing billions of dollars into the market. Data from the Global In/Out of the Money (GIOM) indicator reveals that around 773 million TON tokens, worth approximately $4.2 billion, were purchased between the price levels of $5.41 and $5.94. If TON manages to break past the $5.96 mark, the entire supply purchased within this range would turn profitable. This surge in profitability could lead to increased bullish sentiment, as investors who have been holding Toncoin for an extended period would be incentivized to maintain their positions. This scenario could further drive up demand, pushing Toncoin’s price higher as more investors enter the market to capitalize on potential gains. Given the current sentiment, Toncoin is expected to continue consolidating between $5.49 and $5.96. This sideways movement will likely delay any breakout above the upper limit, potentially keeping the token in its current range for a while. However, if bullish momentum overtakes bearish sentiment, Toncoin could breach the $5.96 barrier. This move would trigger profits for holders of the $4 billion worth of TON supply bought between $5.41 and $5.94, thus invalidating the bearish-neutral outlook and setting the stage for further gains.
Long
by paul_endeo
Toncoin/USDT: Bearish Breakdown Threatening Key Support Levelhello guys. I said my perspective about ton before: let's go through the lower level: The price of Toncoin (TON) is facing resistance from a descending wedge pattern, with multiple rejections from the upper boundary. Price has not engulfed the previous highs, indicating that bulls are losing momentum and a breakout to the upside is less likely for now. Fibonacci retracement levels are drawn, with the 0.618 level acting as a strong resistance zone. If the current support (marked with the trendline) breaks, it could confirm a bearish continuation. The first major target to the downside is the $5.17 level, which aligns with previous support. A further breakdown could drive the price towards the $5.00 psychological support, a critical zone for bulls to defend. A breakdown below $5.00 would open the path for deeper bearish targets. Summary: Descending wedge pattern with no bullish engulfing. Price is testing support; a break could lead to a significant downside move. Key support levels at $5.17 and $5.00. Bearish continuation if these supports fail. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
1
TONCOIN: $10 Possible!Hello traders, I hope you all are doing well. TONCOIN is under a rising wedge pattern and is leaning toward the support trendline. It would be a 30% drop if TON reached the support trendline of $3.8. This range is a good accumulation zone for TON. If we can get TON at the price point of the lower support of $2.56 then it will be awesome. With the current price of TON at $5.5, a breakout above the 50 EMA resistance will likely invalidate the drop and the price could seek for a higher rally. In the end, whether TON starts to rally from CMP or the lower support, the target of $10-$12 is inevitable. Important points: - Current Struggle: $50 EMA resistance, rejection is likely. - Accumulation Range: $3.8-$. - Lower Accumulation Range: $2.56. - Target: $10-$12. I hope you find this update helpful. Make sure you do your research and analysis before making any decision. Regards, Team Dexter #cryptocurrency #TON
by Dexter_The_Trader
Toncoin (TON) price analysisToncoin (TON) is struggling to push above the resistance at $5.60, with buyers facing intense selling pressure. TON got rejected from the $6 level on Friday as buyers lost steam at upper levels after demand dried up. As a result, TON settled at $5.81, an increase of 5.81%. However, as selling pressure intensified, TON fell over the weekend, dropping by 2.38% on Saturday and 2.24% on Sunday to settle at $5.55. The current week began with sellers continuing to exert control as TON fell to a day low of $5.39 before recovering and settling at $5.47. TON attempted a move past $5.60 on Tuesday as it rose to a high of $5.59. However, it could not do so and eventually settled at $5.50 after an increase of 0.56%. The current session sees TON marginally down as buyers and sellers look to establish control and dictate the price. A push above $5.60 could result in another move towards $6. However, if sellers continue to exert control, TON could drop to $5.30, where the 20-day SMA is currently positioned, or even lower to its $5 support level.
by paul_endeo
1
TON currency analysis Your currency is in a neutral trendTON currency has been in an upward trend since its arrival. But after reaching the ceiling of this upward trend, we see the price return to the floor for this currency. At the moment, you can see your currency in a neutral trend in the 4-hour period, and two important ranges of the ceiling and floor have been identified in this analysis, until the price breaks these two ranges, nothing special will happen to this currency.
Long
by karaco2022
4
TON → is in a dangerhello guys. Head and Shoulders Pattern: A classic bearish reversal pattern has formed with a left shoulder, head, and right shoulder, indicating potential downside. Neckline Break: The price has broken below the neckline around $5.30, confirming the pattern and suggesting further bearish momentum. Target Projection: The measured move target from the head to the neckline projects a potential drop towards $3.27. Resistance Levels: Immediate resistance at $5.30 (previous neckline). Further resistance near $6.10 (potential pullback area). Support Levels: Immediate support around $4.60. Major support at $3.27 (pattern target). Outlook: Bearish, with a high probability of a decline towards the $3.27 level unless the price reclaims the neckline. Watch for any signs of reversal or a break above $5.30 to invalidate the bearish scenario. ___________________________ ✓✓✓ Always do your research. ❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them. ❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Short
by melikatrader94
14
Toncoin shows both bullish and bearish signs. So, what’s next?Toncoin (TON) has been making headlines lately, with a significant drop from its recent highs of around $8 down to now $5.51 at press time. Toncoin’s net network growth stood out at press time, showing a 9.03% increase. This bullish signal indicated a steady inflow of new users into the network, reflecting growing interest. However, without significant buying pressure, this growth alone might not be enough to reverse the downward trend. From a technical analysis perspective, the relative strength index (RSI) was at 41.82, nearing oversold territory. Thus, Toncoin could be due for a short-term bounce, although it does not confirm a sustained reversal. The Bollinger Bands (BB) showed that Toncoin was consolidating, with the price nearing the lower band at $5.43. The lower band could indicate support, with volatility likely to increase. The upper band was at $5.60, and a breach of this level could signal upward momentum. Toncoin’s indicators provided a mixed outlook. While Network Growth and whale accumulation were positive, the decline in large transactions and a neutral “In the Money” showed caution. Combined with technical signals like RSI and Bollinger Bands, Toncoin looked to be at a key point. The market’s next move could be influenced by rising volume and a potential breakout from the current consolidation phase.
by paul_endeo
1
Toncoin (TON) price analysisToncoin (TON) registered an incredible increase of almost 14% over the past seven days, despite its upward push stalling over the weekend after encountering strong resistance around $6. TON was extremely bullish last week as it surged on Monday, reaching a day high of $5.69. However, buyers could not sustain momentum, and TON eventually settled at $5.25, registering an increase of 6.12%. TON surged past the 20-day SMA on Tuesday, rising by 5.65% and settling at $5.55. However, after encountering resistance, the price fell back on Wednesday, dropping to a low of $5.15 before recovering and settling at $5.39, back above the moving average. TON attempted a move past the resistance at $5.60 on Thursday but eventually settled at $5.58 after an increase of 3.43%. It finally broke past this level on Friday, rising by 4.25% and settling at $5.81. Buyers attempted a move to $6 but lost momentum after reaching a high of $5.93, with the 50-day SMA coming into play as resistance. TON fell back over the weekend as demand dried up, dropping 2.38% on Saturday and 2.24% on Sunday to slip back below $5.60 and settle at $5.55. The current session sees TON up by 0.80% after sellers failed to lower the price. Buyers will look to reclaim $5.60. If TON can consolidate above this level, a push above the 50-day SMA to $6 could be possible. However, if sellers retake control, TON could slip to $5.30, where the 20-day SMA could act as support. Should TON continue to drop, its next support level lies at $5.
by paul_endeo
"Inverse Head and Shoulders" Pattern: Is a Rally on the Horizon?In the latest technical analysis, a bullish "Inverse Head and Shoulders" pattern has appeared. The price started at $6.8, dropping to $5 to form the left shoulder. It then rebounded to $6 before falling to a low of $4.4, marking the head. From there, the price surged back to $5.9, creating the right shoulder. This pattern is often a strong indicator of a potential bullish reversal, signaling a possible upward move. Traders are now eagerly watching for a breakout above resistance levels, which could confirm the continuation of the uptrend. Will this be the beginning of a new rally? The next price movement could set the stage for the market's short-term bullish momentum.
Long
by MohammadNVB
Toncoin (TON) holders record gains: analysisToncoin (TON) holders are seeing their investments pay off. The supply of coins held at a profit has reached a new weekly high, following a decline to a seven-month low. This surge in profitability comes just a week after Telegram CEO Pavel Durov broke his silence regarding his arrest in France. Following Pavel Durov’s public condemnation of his arrest on September 5, market sentiment has shifted positively towards Toncoin. The value of the Telegram-linked asset has surged by 15% over the past seven days, bucking the general market downtrend. As Toncoin’s price climbs, the percentage of its total supply held in profit has also surged. At press time, it sits at a seven-day high of 53%. This rise in profit has led to a shift in strategy among TON’s short-term holders. Data from IntoTheBlock reveals that many addresses that purchased the coin in the past month are now holding onto it, resisting the urge to sell. TON’s technical setup confirms that the altcoin is poised to extend its gains. For example, the Moving Average Convergence/Divergence (MACD) indicator — which tracks trend direction, shifts, and potential price reversal points — confirms the growing demand for the altcoin. At press time, TON’s MACD line (blue) rests above its signal line (orange) and is making its way toward the zero line. If TON maintains this uptrend, it will target resistance at $6.8. However, a spike in profit-taking activity may invalidate this bullish projection. If selling pressure gains momentum, it will pull Toncoin’s price to $4.46.
Long
by paul_endeo
TON Toncoin Potential Sell-OffIf you haven`t bought TON before the breakout: Now you need to know that on August 24, 2024, the arrest of Telegram founder Pavel Durov by French authorities sent shockwaves through both the platform and its cryptocurrency, Toncoin (TON). Durov's arrest, reportedly tied to illegal activities on Telegram, has been widely seen as an attack on free speech, which has paradoxically boosted interest in both Telegram and Toncoin. This spotlight on Durov and his platforms presents both challenges and opportunities. While the surge in activity signals increased attention, the future is uncertain. The ongoing investigation and heightened regulatory scrutiny are likely to impact TON's market performance. Investors and users are closely watching for further legal actions, as they could have significant consequences for Telegram and Toncoin. With the regulatory landscape in flux, TON remains a risky investment until the legal situation stabilizes. My price target for TON is $2.15.
Short
by TopgOptions