TONCOINUSDT.PS trade ideas
🟢 TON Trade Plan: Support Turned Potential Entry 📈🚀🎯 Entry Point:
Consider entering the trade between $4.88 and $5.00, anticipating support confirmation.
🎯 Take Profit:
Target profit around the All-Time High (ATH) level at $6.38.
🛑 Stop Loss:
Place the stop loss at $4.73 to mitigate potential losses.
📊 Strategy Rationale:
Capitalizing on potential support at current levels and the bullish momentum from the recent All-Time High.
Targeting the previous ATH as a profit-taking level, assuming a continuation of the uptrend.
Setting a stop loss to manage risk in case the support fails and the price experiences a deeper correction.
📉📈 Note: Monitor price action closely for confirmation and adjust the strategy according to market conditions. #TON #TradingStrategy #SupportEntryPoint 🟢📊
TON- ONE OF THE GREAT MISSthis is one of the project i totally missed and never talked about enough but i was fully aware that so many great was going on in the background...wallet,p2p,defi,AI,gaming all fully packed in one project.
Ton is a good long term investment
Waiting for the retracement to dig in..
TON Fib Retracement - additional buying areas | Strong Bullish🔎 Fundamental analysis :
TON has announced that channel owners will receive 50% of ad revenue generated in their channels, distributed solely in Toncoin $OKX:TONUSDT. The new way of circulation of this coin in the economy will lead to the higher price. We can see something very similar with Binance and their BNB which has integrated tightly with their ecosystem and it has very strong circulation channels that leads to the higher price and amount of people use it as well.
Also, Telegram has enormous amount of users and any further integrations and new projects based on the OKX:TONUSDT ecosystem will enable many people to try them out very quickly, because they're already using the Telegram messanger.
👨🏻💻 Technical analysis: :
Since, the announcement of paying out a 50% of revenue to the cannel owners we have been seeing a strong bullish price spike. We haven't seen a correction yet, so according to this thought current idea suggests following Fib retraicement levels: 0.236 (4$), 0.382 (3.6$), 0.5 (3.4$) as good discount areas for purchasing to the continuation of the Up trend. The Stop Loss area is below the Strong Support level - 0.786 (2.5$)
💭 Sentiment analysis:
🛠️ TBD
👥 Please, share your thoughts or criticism about this idea in the comments section below. Your opinion matters and it'll be helpful for the community to understand a broader picture and shape more objective vision of the asset's price
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Disclaimer:
The information provided is for educational purposes only and should not be considered financial advice. Trading carries risk, and past performance is not indicative of future results. Conduct your own research before making any investment decisions
TONUSDT I continue to look for entry points, I try to enter with a short SL, for a breakdown and retest, the trend is upward, but a local correction is very likely, therefore I enter with such short SL. If we look at it globally, it is better to wait for a normal correction. This idea is written for yourself, like a trading diary
Ton/Usdt Looks Promising For Breakout TON/USDT is currently in an uptrend, with the price showing signs of attempting a breakout. There is a high probability of a significant breakout occurring soon. In the event of a successful breakout, a bullish move of 40-80% could be anticipated. However, it is important to note that this information is for educational purposes only, and individuals should conduct their own research before making any financial decisions.
$TON Parallel Fib ChannelLSE:TON 's been doing nice.
But this might be a top - we're at a new resistance according to the Parallel Fib Channel.
Let's see how it goes.
TON - buy zone, H&S 1h TFOn the 1h timeframe, head and shoulders are possible, I am considering a purchase, closer to the counter-trend
TONUSDT 1W#TON made a new ATH and can go higher from here. Price can get doubled in the coming weeks. If you did not buy it yet, buy a bag of it. In case of deep you can buy in these levels:
$4.463
$4.022
$3.714
Targets are:
$6.628
$7.456
$8.352
$9.621
$10.210
Toncoin Faces Turbulence as Spain Temporarily Bans TelegramToncoin (T NASDAQ:ON ) investors were met with turbulence as Spain's High Court ordered the temporary suspension of Telegram services in the country. This move, prompted by complaints from media companies regarding unauthorized content distribution on the platform, sent shockwaves through the Toncoin market, leading to a significant price drop.
Spain's High Court Halts Telegram Services:
The decision to suspend Telegram services in Spain stems from grievances raised by prominent media companies, including Atresmedia, EGEDA, Mediaset, and Telefonica. Allegations of unauthorized content distribution prompted Judge Santiago Pedraz to order the temporary ban, pending further investigation. With Telegram being the fourth most-utilized messaging service in Spain, this development marks a significant setback for the platform and its affiliated projects, including Toncoin.
Toncoin Price Takes a Hit:
In response to the news of Telegram's suspension in Spain, Toncoin ( LSE:TON ) experienced a rapid decline in its native token price, plummeting by over 5% within hours but gradually spiked by 10.66% currently trading at $4.91.
Toncoin ( LSE:TON ) is exhibiting a Trend reversal after plummeting by 5% hours later the asset surged by about 11% with a Bullish Relative Strength Index (RSI) of 75.
This downturn comes despite recent positive developments surrounding Telegram, such as its IPO plans and successful bond sales, which raised $330 million in investment. However, the fallout from the suspension highlights the vulnerability of Toncoin ( LSE:TON ) to external regulatory pressures and underscores the importance of regulatory compliance in the cryptocurrency space.
Navigating Uncertainty:
Despite the setback, Toncoin's price trajectory exhibits signs of resilience, with a 10% increase over the past 24 hours and a 27% surge within the week. This resilience is fueled by recent announcements, including the $115 million TON distribution and the launch of Telegram's advertising platform. These developments signal potential avenues for Toncoin's adoption within Telegram's ecosystem, driven by advertising revenue opportunities and the platform's expanding user base.
Opportunities Amidst Adversity:
While Spain's suspension of Telegram services poses immediate challenges for Toncoin, it also presents opportunities for strategic adaptation. Investors and stakeholders can leverage this moment to reassess Toncoin's regulatory compliance measures and strengthen its positioning within Telegram's ecosystem. Furthermore, continued innovation and partnerships can mitigate the impact of regulatory uncertainties, ensuring Toncoin's long-term viability and resilience in the face of external disruptions.
TON NEW INCREASE VOLUME IN TRENDTON shows a new increase in volume, which could be confirmed in the coming time frames.
We will follow the coin to see if it's able to confirm.
The reason for the volume is the trend data that this coin shows.
This coin is a basic choice on daily trends.
There is a good chance this coin can become a running volume coin for the next period.
Our Game Plan for Telegram TONSince the last hype of KUCOIN:TONUSDT by the Telegram founders, this coin has been struggling to break out of its historical resistance.
I expect a breakdown below the weak support level, this will be our first entry.
Then we will strategically DCA our position downward in anticipation for 2-5x on this.
They have the platform and audience, these are important factors we considered in this analysis.
A robust ecosystem and better decentralization are added advantages.
What do you think about this analysis?
If this analysis makes sense to you, follow me now and support my idea.
Cheers!
Right time to earn new profit 😬While bullish, stabilization above the number 4.5 will realize the ability to grow in the short term on the way to goal 6
TonusdtConsidering the rsi and the ceiling of the channel, it is not a good place to buy, be careful and don't get involved in fomo
TonTraders,
Look to sell at 4.50
We need confirm to enter this sell.
Stop loss @armenbazeyan64.64 .
Target:4 and 3.80
TONUSDT: Support Zone Hints at Potential BounceThe KUCOIN:TONUSDT chart is showing signs that could be encouraging for bulls. The price has reached a support zone formed by overlapping moving averages, which historically can act as a springboard for a rebound after a correction.
Bullish Indicator:
Support Zone: The confluence of moving averages creates a potential buying zone.
Price Correction: The recent price drop might be nearing an end, with a potential upswing on the horizon.
Potential Entry and Take Profit:
Entry: Consider entering a long trade after a confirmed breakout and formation of a new higher high.
Take Profit: Fibonacci retracement levels (1.0 and 1.618) can be used as potential profit targets. However, remember, these are just suggestions, and actual profit taking should be based on your risk tolerance and trading strategy.
Important Reminders:
This analysis is for informational purposes only and not financial advice.
Do your own research before making any trades.
Consider using stop-loss orders to manage risk.
Good luck!
TON/USDT | 1W 👀The coin continues to develop its wave structure and moves upward along with the rest of the market.
I haven't taken any profits yet because I believe the true price of Toncoin is definitely above $8.
- Not financial advice, trade with caution.
✅ Stay updated on market news and developments that may influence the price of Toncoin. Positive or negative news can significantly impact the cryptocurrency's value.
✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Toncoin #Investment #TON
Ton/btc 15minAgain we can buy at 3th time back
With good RR
If close strong candle below supp area u can close long
TONCOINUSDT - Breakout ContinuationAn idea suggesting breakout continuation above the channel plotted on the 4Hr chart.
The horizontal line has been a strong support for price for a long time and price is finally breaking away from that line.
Very bullish
TON Coin Support and Resistance Prediction Using TREX Price ActiUnlock the power of predictive analysis for TON Coin with our innovative approach using the TREX Price Action Method. TradingView introduces a cutting-edge strategy to anticipate future support and resistance levels for TON Coin, leveraging the intricacies of price steps to forecast market movements with greater accuracy.
What sets our method apart is its reliance on the TREX Price Action Method, a robust framework that combines technical analysis with the psychology of market participants. By dissecting historical price data and identifying key price steps, we're able to construct a comprehensive roadmap for potential support and resistance levels, paving the way for informed trading decisions.
Our publishing idea on TradingView encapsulates this strategy, providing traders with actionable insights into the future trajectory of TON Coin. Through detailed analysis and clear visual representations, we illuminate the critical zones where buying and selling pressures are likely to converge, empowering traders to optimize entry and exit points with confidence.
Whether you're a seasoned trader or new to the world of cryptocurrency, our approach offers a systematic way to navigate the volatile landscape of TON Coin. Join us on TradingView as we decode market dynamics, unravel the mysteries of support and resistance, and unlock the potential for profitable trading opportunities with TON Coin using the TREX Price Action Method.
