Toncoin (TONUSDT) Trade SetupCurrent Setup:
Pattern Formation: TON has formed a new narrow weekly pivot grid within the previous pivot grid, which can often indicate an upcoming uptrend in price.
Strategy: Wait for the price to find support before entering the trade.
Trade Details:
Entry Point: Enter a trade between $6.3655 and $6.4378.
Take Profit:
Primary: $6.7002
Secondary: Next area of resistance around $7.0837
Stop Loss: A candle close under $6.2680.
Risk Management:
Move Stop Loss to Break-Even: Once the price has moved 2%-4% away from the entry, adjust the stop loss to the entry level to ensure a break-even trade in case of unexpected market movements.
Summary:
Toncoin is showing signs of an uptrend with a new narrow weekly pivot grid. Enter the trade between $6.3655 and $6.4378, targeting $6.7002 initially and $7.0837 as the next resistance. Place a stop loss at a candle close under $6.2680 and move it to break-even after a 2%-4% price move from the entry to mitigate risk.
TONUSDT_EQAXYO trade ideas
TON Blockchainโs Total Value Locked (TVL) Surpasses $300 MillionThe total value locked (TVL) on The Open Network blockchain has surpassed $300 million, marking an over tenfold increase since early March. This surge is driven by decentralized exchanges like Ston.fi and Dedust, as well as liquid staking projects like Tonstakers and bemo. The network's TVL has increased from $23 million in early March to the current $315 million since the incentive program was rolled out.
The rapid growth in TVL has been mainly driven by decentralized exchanges such as Ston.fi and Dedust, as well as liquid staking projects like Tonstakers and bemo. The network recently onboarded 1 million wallets during the token generation event for Notcoin, a viral clicker game created as a Telegram Mini App. TON's architecture allows users to transact without network outages, increased fees, or processing delays.
The Open Network ( LSE:TON ) was initially developed from a blockchain project by Telegram, a messaging platform that raised $1.7 billion through two private token sales in 2018. However, its mainnet launch was obstructed due to a legal dispute with the U.S. Securities and Exchange Commission concerning unregistered security offerings. Community members formed the Ton Foundation and reinitiated active development, leading to the establishment of The Open Network, often abbreviated as $TON.
The native token of the network Toncoin ( LSE:TON ) is currently trading at $6.460 with a market cap of $22 billion and a fully diluted valuation of $32 billion. Pantera, one of the oldest venture funds in the cryptocurrency sector, recently revealed its largest-ever investment in $TON.
#TON/USDT#TON
The price is moving within a 4-hour downtrend channel and is strongly committed to it.
We have a support area at 6.00 and we bounced from it at the lower border of the channel
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise
Entry price is 6.30
First target 6.72
Second goal 7.05
Third goal 7.43
TON โ 150% PROFIThello guys...
as you can see this coin broke up the ascending channel as well!
then touched the 33% of the last leg so we can count on bullish trend in the next presuming channel!
target will be:
1- $10.47
2- $15.5
___________________________
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โโโ If you have any questions, you can write them in the comments below, and I will answer them.
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Significant triangular patternTON is currently within a significant triangular pattern. The primary support level for this cryptocurrency is near $6, while the resistance level is around $7.3.
The support level at $6 acts as a strong floor to prevent further price declines, while the resistance level at $7.3 serves as a significant ceiling to halt further price increases. If the price manages to break through this resistance level, we might witness a significant rise in the value of TON. Conversely, breaking the support level could lead to a price drop.
TON ANALYSIS๐ฎ #TON Analysis
๐ฒ๐ฒ #TON is trading in a Falling Wedge Pattern. If the price of #TON breaks and sustain the higher price then will see a pump of around $6.455 expecting almost 15-20% in few hrs๐
โ๏ธ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. ๐
#TONย #Cryptocurrency #Support #Resistance #DYOR
TON : sell in high reng๐Analysis by AhmadArz:
๐Entry: 7.238
๐Stop Loss: 7.705
๐ฏTake Profit: 6.856 - 6.432 - 5.989 - 5.471 - 4.958
๐"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
๐กJoin us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
๐Please boost and๐ฌ comment to share your thoughts with us!
TON Break of Falling wedge!!!COINEX:TONUSDT Reason: Break of Falling wedge. Now volume growing as well. Above strong support zone.Chart looks bullish for it. Worth buy for short term quick profits too.
๐To motivate me , Please Like โค๏ธ & Share ๐ this post with your friends ! Thanks for your support โฅ๏ธ
โ ๏ธThings can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
๐บ๏ธToncoin(TON) Roadmap๐บ๏ธ๐ฅToday, I want to analyze the Toncoin(TON) project for you. I chose this project because the Notcoin(NOT) token is listed in several exchanges today.
๐กYou might ask, what does the NOT token have to do with the TON token โ๏ธโ
๐Please be with me
๐ What is Notcoin(NOT)โ๏ธโ
๐ธAround 2018, Telegram developers decided to launch their own layer 1 Blockchain called " Telegram Open Network ," or Toncoin (TON) . After some time, the development and maintenance of this project were entrusted to the TON Foundation, and now a team affiliated with TON has unveiled its new and loud project called Notcoin (NOT) .
๐ธ Notcoin (NOT) is a " Play-To-Earn " or P2E cryptocurrency game where users can earn money by playing. Notcoin (NOT) has attracted the attention of a large number of users from the very first days of its introduction.
๐ก Toncoin(TON) started falling well from the Resistance lines .
๐According to the Elliott wave theory , Toncoin(TON) has completed the second corrective wave, which had a Zigzag(ABC) structure on the Resistance lines.
๐กAlso, we can see Regular Divergence(RD-) between two Consecutive Peaks.
๐กAnother sign that Toncoin(TON) may continue to fall is that the " SELL signal " was issued by moving SMA(50) and EMA(50) .
๐Before the result, let's take a look at the TONBTC chart .
๐It seems that TONBTC has managed to complete 5 impulse waves , and we have to wait for corrective waves now, which means that if Bitcoin starts a downward trend, the TON token will be more affected, and if Bitcoin goes up. If it has, the TON token will take a less upward trend or even become Range.๐
๐I expect Toncoin(TON) to continue to fall at least to the ๐ฏ Targets ๐ฏ I have outlined on the chart( ๐จโ30%๐จ ).
โ๏ธโ ๏ธNoteโ ๏ธโ๏ธ: An important point you should always remember is capital management and lack of greed.
Toncoin(TON) Analyze (TONUSDT), Daily time frame โฐ.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Toncoin Fundamental and Technical Analysis ๐Fundamental Strengths of Toncoin:
Large User Base: Nearly 900 million active Telegram users can potentially join the TON network.
Super App Potential: With Telegram's support, TON could become the first super crypto application.
Community Potential: The large community brought in through a subsidiary project within the TON network shows high potential.
Pavel Durov's Vision: As a symbol of decentralization, Pavel Durov promotes freedom and does not own personal property like a house.
Ease of Integration: TON's in-network payments can be easily integrated into daily life.
Open Source Advantage: The open-source nature of the TON blockchain allows projects to easily launch their ideas on the network, increasing the demand for TON.
Telegram Bots: Using bots within Telegram requires TON.
Ad Revenue: Telegram's new ad revenue model for public channels is conducted with TON payments.
Risks:
Dependency on Telegram: The success of TON is heavily linked to Telegram. Any issues with Telegram could significantly impact TON.
Note: TON and Telegram are separate entities, at least on paper. The information provided is for awareness only and does not constitute financial advice.
Technical Analysis of Toncoin:
After a parabolic move from $2.50 to $7.140, TON entered a corrective box.
Box Range: $7.140 to $4.800
The price once corrected to the 38% Fibonacci level of the previou
s wave but failed to break the ceiling after a good reaction, which is not very encouraging.
Buying Strategies for Toncoin:
Breakout and Stabilization: Buy after a breakout and stabilization above $7.140 with a stop loss below the box.
Support Levels: In case of a correction, if the price falls to the $4.2 or $3.4 area, which are key support levels (Fibonacci 0.5 and 0.707), consider buying if there's a good reaction.
For Long-Term Holders:
Those who bought at $2.50 along with me, I will continue to hold long-term.
If you're uncomfortable, you can set your stop loss below $4.8 โค๏ธ.
๐ If you found this analysis helpful, feel free to like, comment, or share! For more insights, follow #Tradecitypro and #TCP ๐
๐ Categories: Fundamental Analysis, Technical Analysis, Risk Management
๐ Stay tuned for further updates as the market evolves, and happy trading!
if TON breakdown and consolidation above the trend linein case of breakdown and consolidation above the trend line, we enter the position, Take Profit 1: 0.618 Fibonacci level, about $6.95.
Take Profit 2: 1.0 Fibonacci level, about $7.45.
Stop-Loss: Set below previous lows
Before entering into a trade, wait for the 4-hour candle to close above the trend line. This will reduce the probability of a false breakdown.
partial profit-taking at the Take Profit 1 level and the transfer of the stop loss to breakeven after reaching this level.
Not financial advice, a possible scenario for yourself
$TONUSDT either correction or fifth waveIn my point of view, we will be able to see two ways of the further development of events:
1. BYBIT:TONUSDT will stop recent moving and will turn around directly to the correction related to the previous long jumps. This scenario look like more probable, since regarding to the indicators, this pair seems overbought.
2. In accordance with the waves theory, BYBIT:TONUSDT will close the 3rd wave via short correction moving and will open a raising movement to the 5th wave (1W chart).
Expecting and prefer to see correction to 3.5-4 in the closest time.
Does not constitute a recommendation.
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TON - Buy the rumors - sell the NEWSTON - Buy the rumors - sell the NEWS
Coin got pumped because of news about NOT listing. that happened. NOT got listed.
i think a lot of people will start selling it.
In a case of break down from value and fix out of IT - i think price would drop.
Long scenario you can find in a video.
TON Roars Back to $7: Analysis Unveils Future MovesTON recovered strongly.
It is trading at the resistance and we may see a pullback.
A bullish break-out of $6.98 is required for TON to push higher towards $7.68.
Above $7.68, Toncoin will target $9 and is likely to move much higher.
A dip to below $6.40 will lead to a sideways price action and a slow decline towards $5.31.