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Tonusdt

Phemex Analysis #16: TON - A Calculated Dip or a Risky Gamble?The recent turbulence surrounding Telegram has undoubtedly impacted the TON market. While the potential for a rebound exists, it's crucial to approach this situation with caution and a well-informed strategy. For investors who believe in TON's long-term prospects, understanding key technical support levels can provide valuable insights for potential entry points. Support Levels $4.60: A historically strong support level, indicating potential buying interest at this price. $3.30: While untested, it could offer robust support based on past performance. $2.15: This is the most critical support level. A break below this could signal a more extended downtrend. Entry Strategies Higher Probability: Purchasing slightly above the support level can increase the likelihood of a successful entry, but it also carries a higher risk. Lower Risk: Buying at or below the support level offers a more conservative approach, but it may involve potential slippage or missed opportunities. Additional Considerations Bitcoin's Influence: Keep a close eye on Bitcoin's price, as it often sets the tone for the broader cryptocurrency market. Telegram's Founder: News related to Pavel Durov, the founder of Telegram and TON, can significantly impact the price. Conclusion While TON's long-term potential remains promising, the current market conditions demand a cautious approach. Conduct thorough research, consider your risk tolerance, and utilize technical analysis to make informed decisions. Note: Have you tried Phemex’s Multiple Watchlists yet? We’re the first crypto exchange to offer fully customizable watchlists, allowing you to rename, rearrange, and even place basket orders on all the coins within your lists. Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
TONUSDTHere’s a sample analysis text for the TON/USDT pair based on the 1-hour timeframe chart you provided: 🔍 TON/USDT Analysis: 1-Hour Timeframe 📉 The TON/USDT chart on a 1-hour timeframe indicates key upcoming dates where price movements may provide trading opportunities. It’s essential to align these signals with higher timeframes for a holistic view of the market. • August 26, 2024, 21:00, August 28, 2024, 21:00 - Green Lines: These times suggest potential local lows. These moments might offer favorable conditions for accumulating TON or entering long positions. When dealing with this 1-hour timeframe, remember that these movements should be analyzed within the context of higher timeframes to gain a comprehensive understanding of the overall market trend. Note: The exact timing of these phases can vary by +/- a few hours. All times are based on UTC-7 (Los Angeles).
Long
by trushkovskiy
TON Toncoin the next FTX/ LUNA ?! CEO Pavel Durov Arrested ! If you haven`t bought TON before the brekout: Now the recent arrest of Telegram CEO Pavel Durov in France has sent shockwaves through the cryptocurrency world, particularly concerning the future of TON coin. Durov's arrest stems from allegations by OFIM, a French national police office, accusing him of complicity in crimes such as drug trafficking, distribution of child sexual abuse material (CSAM), and fraud due to Telegram's lack of moderation. This development raises serious concerns about TON coin's stability. Investors fear a sharp decline, drawing parallels to the collapses of FTX and LUNA, which suffered massive selloffs following high-profile scandals involving their founders. With Durov as the face of Telegram and a key figure in the TON ecosystem, his legal troubles could significantly erode confidence in the cryptocurrency. The arrest could lead to increased regulatory scrutiny of Telegram, potentially causing further issues for TON coin. In the short term, investors should brace for potential volatility, as the risk of a selloff looms large. The future of TON coin now hinges on how Durov's legal situation unfolds and whether Telegram can withstand the resulting pressures.
Short
by TopgOptions
TONUSDT 1H - Impact of Durov's ArrestTONUSDT on the 1-hour chart shows a sharp downward movement, clearly influenced by the arrest of Pavel Durov, founder and CEO of Telegram. The news caused panic among investors, resulting in a massive sell-off of TON, as seen on the chart. Before the drop, the price of TON was in an accumulation phase, with a strong upward trend, as highlighted in the first accumulation zone. However, the news of Durov's arrest triggered a breakout of this accumulation, causing the price to fall sharply. After the large sell-off, TON found temporary support at the $5.245 range, where it began a new accumulation period. This accumulation is marked by an attempt by the market to absorb the initial shock and stabilize the price. The MACD shows negative momentum, but with signs of a possible reversal, indicating that the market may be trying to recover from the sharp drop. The current accumulation may be a sign that investors are starting to gain confidence again. However, the market is still in a state of uncertainty, and further price movements may depend on more information about Durov's situation and the community's response.
Long
by ferulianov
TON → there is no risk for toincoin so farhello guys. Let's analyze OKX:TONUSDT Top Line Resistance: The chart identifies a rising resistance level (top line) that the price has tested multiple times but failed to break above convincingly. A breakout above this line could signal a bullish move. Neckline Support: There is a crucial support level (neckline) that has held up the price so far. The analyst suggests that if the price breaks below this neckline, it could trigger a bearish move. Bearish Scenario: If the price breaks below the neckline, the target for the downside is around the $3.10 level. This level is marked as the "target of breaking down" and could act as strong support if the price reaches it. Bullish Scenario: If the price manages to hold the neckline and breaks above the top line, the chart suggests a potential upward move toward higher levels. Current Price Action: The price is currently around $5.62, showing a potential retest of the neckline. Traders should watch for a decisive move either below the neckline or above the top line to determine the next major trend direction. This analysis outlines the importance of the neckline as a critical level. The outcome of whether the price breaks below this level or holds above it will likely dictate the future trend direction. ___________________________ ✓✓✓ 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
by melikatrader94
6
Honestly, I don't feel like explaining, the chart says it all !!If it closes below the midline this week, price may see the bottom of the channel. maybe... ✨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!!
by CobraVanguard
TON's Situation: What Shall we Expect ??BINANCE:TONUSDT TONUSDT is attempting to break through resistance of symmetrical triangle pattern after bouncing off support. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Finished the correction Wave. Note: we should wait for the breaking of the triangle and than make a move! ✨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!!
by CobraVanguard
5
TON: Important Technical Analysis in a Daily Timeframe!Hello everyone, I’m Cryptorphic. I’ve been sharing insightful charts and analysis for the past seven years. Follow me for: ~ Unbiased analyses on trending altcoins. ~ Identifying altcoins with 10x-50x potential. ~ Futures trade setups. ~ Daily updates on Bitcoin and Ethereum. ~ High time frame (HTF) market bottom and top calls. ~ Short-term market movements. ~ Charts supported by critical fundamentals. Now, let’s dive into this chart analysis: After the latest news about the founder of Telegram, TONCOIN faced a sharp 20% drop in its price. The price is currently hovering at $5.86, and the recent decline raises concerns among traders and investors. Here's my technical analysis of TONCOIN on a daily timeframe. TON has an important support trendline around $5.34, which it must hold to stay in the game. If a rebound occurs, TON will likely test the blue dotted resistance trendline, potentially leading to bullish momentum. The lower support at $4.636 will be the crucial level for TON to hold if we see a further decline. Given the negative experiences from past incidents, be cautious and conduct thorough research before investing. Key Levels: - Support Trendline: $5.2556 to $5.6458. - Lower Support: $4.836. - Primary Resistance: $6.452. - Bullish Move: A close above the primary resistance and 50 EMA. - Bearish Move: A close below the lower support. DYOR, NFA. Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see! Thank you! #TON #Toncoin
by Cryptorphic
TONUSDT 1H in Sideways MovementTONUSDT continues to trade sideways on the daily timeframe, with the price consolidating between 6.00 and 7.00, indicating an accumulation phase. On the weekly timeframe, the price remains within the range set by the previous week. Notably, the price has broken above and closed above the 6.00 level, a historically strong support. Given these factors, it seems likely that the market will continue to consolidate within this range until August. The target is the resistance zone around 7.660
Long
by RTED_Investing
TON weekly analysisToncoin hits record high daily active addresses, but is TON a ‘bubble’? – analysis by AMBCrypto The TON Masterchain has reached a record of 946 daily active addresses, a 7x increase since July 2021, as Kyledoops noted on X (formerly Twitter). This growth reflected rising network activity, the expansion of dApps and work chains, and potential higher demand for Toncoin (TON). Although some analysts suggested that the TON blockchain might be a bubble due to its low daily active user count, broader market metrics challenge this view, indicating the network’s solid progress and potential in the long-term. Meanwhile, Toncoin has shown strong potential as a top coin to hold on the support. The TON/USDT weekly chart revealed a reversal candle with a long tail, indicating bullish pressure, supported by growing volume in recent weeks. Moreover, Bollinger Bands are tightening, suggesting a potential squeeze, but the best bet lies in the breakout to the upside. On the daily time frame, Toncoin was nearing a breakout above 100 simple moving average, which has posed some resistance.
by paul_endeo
TON (Toncoin): Approaching ResistanceTrade setup : Trends are mixed but price remains in an Uptrend on a long-term basis. It bounced off of 200-day moving average, which acts as support, and reached our near-term target of $6.75 for +25% gain. Now we look for the right entry opportunity in Uptrend. We wait for price to either 1) break above $6.75 to signal continuation of uptrend, with +20% upside potential to $8.30 next, or 2) pullback to 200-day MA for another swing entry with +25% upside potential to $6.75. Stop Loss at $4.40. (set a price alert). We also issued a bullish fundamental research report (Coin Pick) on TON recently (May 24) that suggests there's 80% upside based on comparable valuation of other L-1 and L-2 networks. Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Up, Medium-term trend is Neutral and Long-term trend is Neutral. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $6.00, then $4.75. Nearest Resistance Zone is $6.75, then $8.30.
Long
by altFINS
Looking for buy opportunities in the crypto market!Hello traders and investors! I’ve selected four assets in the crypto market where buying opportunities can be considered. Each of these four assets has formed a range, with the seller's impulse completed and the buyer's impulse now active. BNB : Buyer’s 10-11 impulse, potential targets: 598, 645.2 TON : Buyer’s 6-7 impulse, potential targets: 7.35, 7.72, 8.1582 AAVE : Buyer’s 11-12 impulse, potential targets: 120.08, 132.57 ADA : Buyer’s 5-6 impulse, potential targets: 0.3730, 0.4292, 0.4504 Among these, BNB appears the strongest, as two buyer's zones have formed in the 10-11 impulse. These zones were created when the buyer absorbed a seller's candle with increased volume (the buyer's zone is marked by a blue rectangle on the chart). ADA, on the other hand, looks the weakest among the four, as it has not yet been able to close a daily candle above the high of the August 8th candle, which absorbed the seller's attack on the lower boundary of the range, forming a buyer's zone. It's advisable to use lower timeframes when looking for buying opportunities. I have selected examples of lower timeframes for you.
by AlexeyWolf
1
TONUSDTThis chart for the TON/USDT pair shows a strong upward movement with several key time intervals marked by vertical lines. Here’s a breakdown of what these time intervals might indicate: Key Dates and Potential Market Movements: August 19, 2024, 16:00: Scenario: This is the first red-marked interval, which may indicate a potential pause or correction after the recent strong upward movement. Traders might begin to take profits, causing a temporary pullback. Impact on Price: The price might experience a minor dip or consolidation phase around this time. August 20, 2024, 08:00: Scenario: The green-marked interval suggests a possible continuation of the bullish trend or a recovery if the market corrected earlier. Positive market sentiment or news could drive further buying interest. Impact on Price: There could be another push upwards, possibly testing new highs or reinforcing the current trend. August 21, 2024, 02:00: Scenario: The next red-marked interval might signal another potential reversal or correction phase. External factors or market saturation could lead to a pullback. Impact on Price: A possible dip in price as traders reassess their positions. August 22, 2024, 11:00: Scenario: The green-marked interval indicates a return to bullish sentiment or a stabilization of the market after any previous corrections. Impact on Price: The market may stabilize or resume its upward movement, depending on the overall trend strength. August 23, 2024, 08:00: Scenario: This red interval suggests another potential market event or reaction, possibly due to external factors or news impacting the market. Impact on Price: Another dip or consolidation might occur around this time. August 24, 2024, 00:00: Scenario: The final green interval in the short-term analysis might indicate a resumption of the trend or stabilization after previous fluctuations. Impact on Price: The price could either stabilize or continue its upward trajectory if the overall market conditions are favorable. Considerations for Traders: Volatility: The chart indicates several points of potential volatility within the next few days. Traders should be cautious and consider setting stop losses or taking profits at appropriate levels. News Impact: Keep an eye on any news or market events around these dates, as they could significantly influence price movements.
by trushkovskiy