TONUSDT BUY ANALYSIS Buy Tonusdt at 5.375 level and set a target profit at 6.429 for Tp1 and 7.587 for Tp2 , Set stoploss to 4.379 . Use money management
Tonusdt
TONUSDT - UniverseMetta - Analysis#TONUSDT - UniverseMetta - Analysis
Formation of a 3-wave structure from the lower boundary of the correction movement, since the movement is lateral, one can expect a move to the upper boundary. In the opposite scenario, for further decline, it is necessary to exit the sideways movement. Since rebounds from the boundary are within 50%, one can see an excellent risk/profit ratio of 1:5 and 1:7.
Target: 6.161 - 8.190
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.
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.
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.
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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.
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.
Short idea on $TONAfter analyzing the TON/USDT chart, it is clear that a higher-degree correction is currently underway, with potential to reach $3. I am incorporating a 1 to 2 ratio into the chart (not ideal), but I will allocate a small balance to this idea
"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.
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.
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 Setups : 3 ALTS in 2 MINUTESRecently I did a post on Altcoins that are good BUYS. Find it here 👇
Let's look at three alts that are BEARISH in lower timeframes, and very likely heading lower for the SHORT term:
1) JTO BINANCE:JTOUSDT
2) MKR BINANCE:MKRUSDT
3) TON BINANCE:TONUSDT
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Adapting for the Perfect Short Setup on CRYPTO30As CRYPTO30 consolidates, we’re nearing a potential short setup that echoes the ideal conditions from late August. Here's how I plan to approach this trade, focusing on volatility and Bollinger Band dynamics.
Why the CRYPTO30 Index?
The CRYPTO30 Index aggregates the price movements of the top 30 cryptocurrencies by market cap, providing a broad view of the overall crypto market. Using this index helps gauge general sentiment, as it reflects how the majority of leading cryptos are moving in tandem. By focusing on CRYPTO30, I can analyze the market's collective behavior, which often leads individual coins. This makes it a valuable tool for timing short positions, as large-scale sentiment changes are easier to spot in an index than in single assets.
Previous Setup: The Perfect Short on August 25
On August 25, we encountered an ideal shorting opportunity as price and volatility reached overbought levels. The key signal was when the ATR% closed back inside the 2 standard deviation Bollinger Band, indicating volatility was contracting. This provided a low-risk, high-reward setup, as the market was primed for a pullback.
Trade Exit Strategy
For that August 25 trade, my exit criteria were straightforward:
-20% Profit Target, or
-ATR% closes back outside the 2 standard deviation high volatility (red) zone.
This allowed me to maximize potential gains while protecting against expanding volatility, which could lead to an adverse market move.
Current Market Outlook
Now, volatility is compressing again, as indicated by the declining ATR%. My primary setup is waiting for the ATR% to close back inside the 2-stdev Bollinger Band. This would be the ideal short entry, as it signals overbought conditions with volatility contracting, similar to August 25.
Adapted Short Entry Strategy
However, if the market doesn’t give me that perfect entry and instead begins to reject from current levels, I’ll adapt. In this case, I’ll enter a short if the price closes inside the red Bollinger Band channel (2-3 standard deviations), signaling a potential overbought reversal.
Adapted Exit Strategy
For this adapted scenario, my exit strategy will also change.
-I will exit the trade if: The price closes outside the red Bollinger Band channel before moving 2 standard deviations after entering it. This exit minimizes risk in case of a false breakout or quick market reversal.
Indicators to Watch
ATR Percentage & Bollinger Bands: I use an indicator that combines both ATR% and Bollinger Bands. I’m watching for ATR% to drop inside the 2-stdev band or for price rejection inside the red channel.
Z-Score & Z-Score of RSI: These indicators help confirm overbought/oversold conditions, adding further confirmation to my short setup.
Trading Plan
Primary Short Entry (Ideal Setup): I’ll enter a short when the ATR% closes back inside the 2-stdev Bollinger Band, mimicking the August 25 trade for optimal risk-reward.
Adapted Short Entry: If the market doesn’t provide the ideal setup, I’ll adapt and enter when the price closes inside the red Bollinger Band channel (2-3 standard deviations), indicating potential overbought conditions.
Trade Exit Strategy
-20% Profit Target: I’ll exit the trade at a 20% profit.
-ATR% Breakout: Alternatively, if the ATR% closes outside the 2-stdev high volatility zone, I’ll exit to manage risk.
-Adapted Scenario Exit: If the price closes outside the red Bollinger Band channel before moving 2 standard deviations after entry, I’ll exit to minimize risk from a false breakout.
Risk Management
-Stop Loss: My stop will be placed just above the Bollinger Band or near the entry point, depending on the setup, ensuring minimal risk.
-Profit Target: I’ll aim for a mean reversion toward the middle Bollinger Band or secure profits at the 20% level.
This strategy hinges on volatility compression and overbought conditions. My ideal short entry remains when ATR% closes back inside the 2-stdev Bollinger Band, but I’m ready to adapt and enter if the price closes inside the red Bollinger Band channel.
I’ll manage exits based on either hitting a 20% profit, ATR% expanding, or the price closing outside the red Bollinger Band before moving 2 standard deviations.
Why Trade High-Beta Coins on Bybit?
When trading derivatives, high-beta coins (beta > 1.5) offer significant opportunities due to their higher volatility relative to the broader market. Beta is a measure of an asset's sensitivity to market movements. Coins with a beta above 1.5 tend to move more aggressively than the overall market, which can work in favor of a trader looking to capitalize on price fluctuations.
For example:
ARBUSDT , AVAXUSDT , FILUSDT , NEARUSDT , SOLUSDT , and TONUSDT are all coins with high beta values.
Advantages of Trading High-Beta Coins
Increased Volatility: High-beta coins tend to experience larger price swings compared to the market average. For derivative traders, this increased volatility translates into more profit opportunities when positioned correctly.
Amplified Returns: When the market trends strongly, these coins will usually move with a higher magnitude, meaning the potential for gains is larger than with low-beta assets.
Directional Bets: If you have a strong conviction on market direction (bullish or bearish), high-beta coins allow for bigger moves, enhancing profitability in derivative trades like futures or perpetual contracts.
Hedge Opportunities: Traders can also use high-beta assets to hedge more stable positions or portfolios, as their exaggerated movements can offset losses elsewhere.
TON Dont panic, look furtherBINANCE:TONUSDT
This idea has a long-term profit target.
All targets are indicated on the graph.
- Risk 1-3% on deposit
- R/R min 1/2
P.S (This is not an investment recommendation, this is my personal opinion.)
Could #TON Be on the Verge of a Massive MOVE? Yello, Paradisers! Could we be standing on the edge of a major market move for #TON? Let's break it down!
💎#TONUSDT is currently sitting at a crucial juncture around the support zone of $5.017. We’ve been keeping a close watch as #TON navigates through a descending channel. Recently, it broke above this channel, signaling a potential shift in momentum. If this upward movement holds steady, we could be looking at a strong bullish continuation ahead!
💎But wait—don’t let your guard down! If this momentum weakens around the support, we may see a pullback toward the next demand area around $4.914.
💎 A daily close below this level could invalidate our bullish scenario and open the door for further downside risks.
Stay focused, Paradisers! The next move could be a game-changer. Keep watching the #TON price action carefully; your patience and vigilance might just pay off big time!
MyCryptoParadise
iFeel the success🌴
TON Still Seems BearishAs you know, the main structure of TON is bearish. A supply range has been formed. From this range to the demand range, the price can move down.
We are looking for sell/short positions in the supply range.
We also have a POI range on the chart. We are looking for buy/long positions in this range
The closing of a daily candle above or below the specified invlidation levels will cause a violation of the specified movement
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
TON of bricks or light as a feather?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Killed the impulse up. Doesn't feel natural to label the larger X as such due to the separation of correctives, but it's this or C of running flat.
Either way, the paths lead the same direction.
Impulse up with a corrective to LOI...of interest.
Trade Safe,
Trade Clarity.
TON TRADING IDEATONUSDT Analysis: Daily Timeframe 📊
The chart illustrates TON/USDT on a daily timeframe with clear Buy and Sell signals based on the forecast. Here’s a breakdown of the significant upcoming dates and signals:
🟢 October 4, 2024 - Buy Date (Green Line):
This date is forecasted as a local bottom, indicating a favorable time to start accumulating long positions in TON. Expect a price decline leading up to this point, providing a good opportunity to enter long trades.
🟥 September 19, 2024 - Sell Date (Red Line):
This line marks a potential local peak, suggesting it could be a good time to take profits or tighten stop-losses as a correction may follow shortly after.
🟥 October 29, 2024 - Sell Date (Red Line):
Another local peak forecasted for this date, signaling another ideal point to close positions and avoid possible price retracement.
🔴 Support Level Alert:
The horizontal red line at $3.558 signifies a critical support level for TON. If the price approaches this level, it’s essential to closely monitor for potential breakdowns or bounces.
🕒 Note: All times are based on Los Angeles time (UTC -7). There may be a slight margin of error of 1-2 candles depending on the timeframe. Cross-reference with higher and lower timeframes for more accurate decision-making.
TON Analysis - What Shall we Expect !!!OKX:TONUSDT
The weekly candle close of the under the midline it means price can drop to the bottom of the channel and complete the downward wave (ABC) and then increase. also 4.3$ is a good support for TONCOIN .
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Toncoin (TON) rebounds after Durov breaks silenceThe odds appear to be shifting in favor of Telegram-linked Toncoin (TON), whose value has risen by almost 10% in the past 24 hours.
The altcoin has outperformed other cryptocurrencies during that period, thanks to Pavel Durov’s first public statement since his arrest on August 24.
In the statement, Durov expressed gratitude for the support he received following his recent arrest in France, where he was questioned by police for four days. He revealed that authorities suggested he could be held personally responsible for illegal activities on Telegram due to a lack of response from the platform.
Durov highlighted that Telegram has a designated representative in the EU to handle such requests and that French authorities had various means to reach him. He criticized the approach of holding CEOs accountable for third-party actions on their platforms, calling it a misguided application of outdated laws.
Toncoin’s performance on the 12-hour chart hints at the possibility of an extended rally.
First, readings from its Moving Average Convergence/Divergence (MACD) show its MACD line (blue) poised to cross above its signal line (orange). When this happens, it indicates a potential shift in the market trend from bearish to bullish. It suggests that the asset’s momentum is trending upward, and traders often interpret this as a buy signal.
Also, the Chaikin Money Flow (CMF), which tracks how money flows into and out of the market, attempts to cross above the zero line. When an asset’s CMF crosses above zero, it indicates that buying pressure is starting to outweigh selling pressure. Therefore, it suggests that buyers are gaining control of the market.
If this buying pressure is sustained, TON’s price could rally toward $5.32. Breaking past this critical area of resistance could increase the chances for another upward move to $5.96.
$TONUSDT cannot escape this trap.After the arrest of Pavel Durov, CEO of Telegram, CRYPTOCAP:TON is enduring a bearish movement.
During the past hours CRYPTOCAP:TON managed to escape the bearish trend and started showing signs that it will reach $5.
After touching $4,9 he dropped again to $4,79 getting inside the upper level of Fibonacci which is $4,81. As it has entered this level I believe we are going to see more shorts till we reach $4,67 where we will need to re-evaluate the market.
TONUSDT Possible beginning of a trend reversalTONUSDT saw a significant drop following Durov's arrest, falling below the May low. However, the price has since formed a false breakout below this key monthly low. After dipping under the psychological level of 5.00, the market appears to be forming an accumulation zone. It has retraced 50% of the range established between June 2023 and July 2024, with an overall correction of about 45%. There is still a chance the price could dip further, reaching a 50% correction. However, with a strong support level in place and noticeable divergence, there is potential for a gradual upward move, signalling a possible reversal and buying opportunity. The target is the resistance zone at 6.00
TONCOIN will not shy away from $5.0 easily.TONCOIN will not shy away from $5.0 easily.
You see CRYPTOCAP:TON , it will not shy away from $5.0 easily.
Fundamentals have not been in favour of this coin following Durov's arrest.
However, investors are still optimistic about this asset.
These are some zones to watch out for trading
