TONUSDT trade ideas
Toncoin | Moving Averages Dynamics Explained (EMA13 & EMA21)We are using two moving averages on this chart: EMA13 and EMA21.
We are using the weekly timeframe, which is long-term...
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On the left side of the chart, we have lower prices. We can see the action that was happening before the strong rise, a major bullish wave.
➖ Notice how Toncoin turns bullish above EMA13/EMA21.
➖ Notice how, even in the short-term, Toncoin turns bearish below these levels.
Toncoin produced a major low in early September 2024 and this led to a strong pull-back. The pull-back produced three green weeks and the last week wicked above EMA13 and EMA21. The session closed below these levels. Trading volume on the rise was pretty low.
Here we are seeing EMA13 and EMA21 working as resistance.
Toncoin (TONUSDT) is now bearish as it trades below these two.
Being bearish can signal lower prices in the coming weeks.
Note: If TONUSDT moves and closes weekly above EMA13/21, this signal is invalidated.
Thank you for reading.
Namaste.
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 ⚠️.
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.
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.
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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!!
Flipping RESISTANCE TO SUPPORT?As we can see on the chart TON has broke the resistance and is on a retest,
For entry make sure this retest holds on the lower time frame at least on 1Hr
The upper area marked should be the resistance and targeted area
Please do your own research
Thank you
head and schoulders TONwe see on larger timeframe a clear head and schoulder pattern. it just came back up to the golden pocket (618 fib ) from the last drop. above at the 786 fib is a FVG. doesnt mean that it will be filled but its possible. TON could drop heavily the nex couple of days/weeks. please leave a comment. i like some feeback.
happy trading and as always .. CHEERS!!
You can plan Short on TON/USDT ????Price is currently on our selling level but Market is Bullish. So take min risk. You plan short trade upto tp-1 Book 50% . And keep rest them to Tp-2& Tp-3.
TONUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
TONUSDTTechnical analysis is just like when you take a survey for a new business you are about to get into. it helps you make better and informed decision on what ever financial market you find yourself (whether crypto, forex or stocks)... on the best possible zones to enter and exit the market... it also helps you make plans for informed risks and rewards associated with the trade youre about to take..
given that there are many trading strategies, its best to stick to a mentor you trust and learn diligently so you can formulate your preferred pattern... this is necessary because it helps you avoid the confusion and frustration that comes with information overload that lingers in from trying to learn too many strategies.
TONUSDTmy entry on this trade idea is taken from a point of interest BELOW an inducement.. I extended my stoploss area to cover for the whole swing as price can target the liquidity there before going as i anticipate.. just a trade idea, not financial advise
Lingrid | TONUSDT bullish BREAKOUT Signals UPWARD MomentumOKX:TONUSDT broke and closed above the downward channel, which was indicative of a correction phase. For the past two weeks, the price has been consolidating between 5.35 and 5.80. Last week, we saw a weekly doji candle, which typically signifies potential momentum in the market in case of breakout. Given that the price has already broke last week’s high, I believe the market will continue to push toward higher levels. If we see a retest of the channel boundary and the price rejects that level, we can anticipate further upward movement. My target is resistance at 6.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Farshid.m//@version=2
//Name: Price Action Channel Trading System v0.3 by JustUncleL
//Created By: JustUncleL on 3 Aug 2016
//Version: 0.3
//
study(title="Price Action Trading System v0.3 by JustUncleL",overlay = true, shorttitle="CCIPAT v0.3 by JustUncleL")
//
len = input(14, minval=1, title="CCI Length")
lenUpper = input(75, minval=1, title="CCI UpLevel")
lenLower = input(-75, maxval=-1, title="CCI DownLevel")
bars_on = input(true, title="Color CCI Bars")
src = input(close,title="CCI Source")
lenLo = input(5, minval=2, title="Low Channel Length")
lenHi = input(5, minval=2, title="High Channel Length")
lenMe = input(4, minval=1, title="Median Channel Length")
//
fastLength = input(12, minval=1,title="MACD Fast Length")
slowLength=input(17,minval=1,title="MACD Slow Length")
signalLength=input(8,minval=1,title="MACD Signal Length")
//
rsiLen = input(7,minval=2,title="RSI length")
rsiUpper= input(70,minval=50,maxval=100,title="RSI Upper limit")
rsiLower= input(30,maxval=50,minval=0,title="RSI Lower Limit")
//
filterM = input(true,title="Use MACD confilter filter")
filterR = input(true,title="Use RSI confirm filter")
filterE = input(true,title="Use Trend direction filter")
dCandles= input(4,minval=2,title="Direction test Candles")
//
rsiVal = rsi(src,rsiLen)
//
// Calculate MACD and color background
fastMC = ema(src, fastLength)
slowMC = ema(src, slowLength)
macd = fastMC - slowMC
signal = sma(macd, signalLength)
OutputSignal = signal > macd ? 1 : signal < macd ? -1 : 0
bgcolor(OutputSignal>0?red: OutputSignal<0?green:yellow, transp=90)
plot(slowMC,color=blue,transp=0,title="Slow EMA trend line", linewidth=2)
// Calculate and draw the Price Action channel
emaLo = ema(low,lenLo)
emaHi = ema(high,lenHi)
emaMe = ema(hl2,lenMe)
plot(emaLo,title="Low Price Line",style=line,color=gray,transp=0,linewidth=2)
plot(emaHi,title="High Price Line",style=line,color=gray,transp=0,linewidth=2)
plot(emaMe,title="Median Price Line",style=line,color=orange,transp=0,linewidth=2)
// Calculate CCI
cciVal = cci(src, len)
// Calculate CCI indicating continuance of trend.
isup = cciVal > lenUpper
isdown = cciVal < lenLower
barcolor(bars_on ? isup ? aqua : isdown ? black : na : na )
// Check have alert and use MACD filter
cciup_alert = isup and close>open and (not filterR or rsiVal>rsiUpper) and (not filterM or OutputSignal<0) and
(not filterE or (emaMe>slowMC and rising(slowMC,dCandles))) ? na(cciup_alert ) ? 1 : cciup_alert +1 : 0
ccidn_alert = isdown and close0) and
(not filterE or (emaMe<slowMC and falling(slowMC,dCandles))) ? na(ccidn_alert ) ? 1 : ccidn_alert +1 : 0
//
plotshape(cciup_alert==1? cciup_alert : na, title="CCIPAT Up Arrow", style=shape.triangleup,location=location.belowbar, color=olive, transp=0, size=size.small)
plotshape(ccidn_alert==1? ccidn_alert : na, title="CCIPAT Down Arrow", style=shape.triangledown,location=location.abovebar, color=red, transp=0, size=size.small)
// generate an alert if required.
alertcondition(cciup_alert==1 or ccidn_alert==1, title="CCIPAT Alert", message="CCIPAT Alert")
//EOF
TON 4H possible Short setup - Sep 24 2024#TON has seemingly formed a symmetrical triangle and it seems it's going to make a breakout from below.
The trigger for the Short entry would be a 4H close below the 5.44 level and the targets would be: 5.28 - 5.11 - 4.94 - 4.77
Stoploss would be 5.56. Max lev allowed 3X
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.
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
Ton coin bullish 3 candlestick patternI think the body of 3 daily candles make some bullish moves to the third fib
TON USDT IF BRAKE OUT1. Symmetrical Triangle Pattern:
The chart shows a symmetrical triangle pattern, which typically forms as a result of market indecision. The price is converging between two trendlines, indicating that a breakout is imminent.
This type of pattern can break in either direction, but since it’s forming after a prior uptrend, it often signals a continuation to the upside (bullish bias).
2. Potential Breakout:
The upper resistance line of the triangle is critical. A breakout above this resistance could lead to a strong upward move.
The projected breakout target is marked on the chart around 6.0083 USDT. This is about 8.15% from the current price, indicating a good risk/reward ratio for the trade.
3. Key Levels:
Support: The lower white line of the triangle provides immediate support. The Stop Loss (SL) is positioned near 5.3135, below this support, to protect against a downside move.
Resistance: The upper white line is the resistance level. A break above this level would confirm the triangle breakout and could lead to the target of 6.0083.
4. Risk/Reward Setup:
The setup shows a balanced risk/reward ratio. If the price breaks out upwards, the reward is significantly higher than the risk.
The risk is clearly defined by the stop-loss at 5.3135, while the reward is aiming for a higher level near 6.0083 USDT.
5. Momentum Indicator:
At the bottom, the momentum indicator (likely MACD or a histogram) shows some neutral momentum with slight bearish moves recently, which may reflect the consolidation. However, if the price starts to move upwards, the indicator should turn more positive, confirming the bullish breakout.
6. Conclusion:
This symmetrical triangle offers a good potential trade setup. Watch for a breakout above the triangle resistance, which could lead to a continuation towards 6.0083 USDT.
If the price fails to break out and falls below 5.3135, the trade will likely be invalidated, triggering the stop-loss.
DYOR
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.
Toncoin vs Litecoin (Comparison)Here we can see how the "mountain peak" is considered a high price and denotes bearish potential. The valley is where the low prices are found and where accumulation happens before a major bullish wave.
Compare this chart and trade-idea with the Litecoin vs Toncoin trade-idea just published ( see here ). The difference is huge.
➖ One pair is trading pretty high, near resistance; Toncoin.
➖ Another pair is trading pretty low, near support; Litecoin.
Now, the market can do whatever it does.
The market can move in whatever way, it is hard to predict or make a guess, but, if you are buying expecting for prices to rise, the wise choice is the one trading low.
When prices are high, either SHORT or wait for the market to move lower before moving in.
This is the big difference to consider now when looking at the charts.
Some are trading at the bottom while others are not.
The bottomed out ones are safe. Even if there is another drop or some more consolidation, it is easy to wait and think long-term. Those high up are not good because we don't know for how long they will correct (how low they can go) nor how much consolidation they will need to move back up. It is better to wait from the outside with capital on hand and get the better prices when there is a major drop.
Popular wisdom goes something like this: Sell high, buy low.
Namaste.
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.
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✓✓✓ Always do your research.
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LOOKING FORWARD TO TON RALLYThis piece of content is only a guide to my thought process on what i'm preparing for looking forward into the last quarter of the year.
The Ton Ecosystem has been nothing but rewarding with exciting opportunities from inception.
Key ranges has been marked out, trade analysis has also been marked out.
Do have a lovely weekend guy!
Stay safe
Trader45
