Get started

TONCOIN / TETHER Standard Futures

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

TONCOINUSDT.PS trade ideas

cup & handle ( Long )A cup and handle pattern is a technical chart pattern that traders and investors often use to analyze the price movement of a security, such as a stock or a cryptocurrency. It is considered a bullish continuation pattern, which means that it typically occurs in the middle of an existing uptrend and suggests that the uptrend is likely to continue. Here's a breakdown of the cup and handle pattern and what happens when you see it on a chart: 1. Cup Formation: - The pattern starts with a "cup" shape on the chart. This cup resembles a rounded bottom, which is formed after a prolonged downtrend or consolidation period. - During this phase, the price of the security gradually decreases and then starts to reverse its course. - The left side of the cup represents the initial decline, followed by the rounding bottom as buying interest picks up. 2. Handle Formation: - After the cup is formed, there is a short consolidation period, which is called the "handle." - The handle is characterized by a relatively shallow and sideways or slightly downward-sloping price movement. - It can also be seen as a brief period of profit-taking or hesitation among traders. - The handle often has a smaller range compared to the cup. 3. Breakout: - The key event in the cup and handle pattern is the breakout. - Once the handle is formed, a breakout occurs when the price of the security moves above the resistance level at the top of the cup. - This breakout is a strong signal that the price is likely to continue its previous uptrend. 4. Volume: - Volume is an important factor to consider when identifying a cup and handle pattern. Typically, there is a decrease in volume during the formation of the handle, followed by an increase in volume during the breakout. 5. Price Target: - Traders often use the depth of the cup (the distance from the lowest point in the cup to the top of the cup) to estimate a price target for the security. The price target is generally set at a level above the breakout point. It's important to note that not all cup and handle patterns lead to successful breakouts. Some may fail, and the price could reverse. Therefore, it's crucial to use other technical indicators and analysis in conjunction with the pattern to make informed trading decisions. Additionally, it's always a good practice to wait for confirmation of the breakout before entering a trade, such as waiting for a strong close above the resistance level with increased volume. But i'm in a long position in TON
Long
by LiViCi
TONCOIN - Top 10 Crypto Market Cap PotentialTon Targets - Support and Resistance Zones. Support Zone: $2.275 Resistance Zone 1: $2.55 - $2.65 Target 1: $2.80 Previous Top Resistance Zone: $3.01 - $3.35 Potential Bull Run Target 1: $4.85 Toncoin (TON) is a layer-1 blockchain that emerged back in 2018 from the creators of the secure messaging app Telegram. The project underwent a transformation after being handed over to the TON Foundation, leading to a name change from "Telegram Open Network" to "The Open Network." Since 2020, the tech has seen progress thanks to a group of enthusiasts working without commercial interests, forming the TON Foundation. Toncoin, previously called Gram, serves as the native cryptocurrency on the TON network. Originally, the plan was to integrate TON into a user-friendly app enabling fund transactions for users. Users pay fees and employ TON for transaction validation and payments. The Toncoin network relies on the proof-of-stake (PoS) consensus model to ensure scalability and dependability. As per the project's website, the platform offers swift, transparent, and secure payment services, making transactions cost-effective and eliminating the need for third-party apps.
Long
by Helios_Capital_Investment
✴️ Toncoin Next Target $3.97 (73% Growth Potential)Toncoin (TONUSDT) is aiming at ~$4 as its next target based on a simple continuation of the bullish wave that started after the 30th of July. This bullish wave produced a minor stop in September followed by a stronger stop in October. Currently, all the chart signals are saying that this pair is ready to produce additional growth. This bullish bias I mention can be invalidated on a drop and close below EMA50 or $2. On the other hand, any trading above this level lends further strength to the bulls. The longer Toncoin consolidates bullish above support, the faster it will grow when the continuation takes place. I am leaning 1,000% bullish, the market will take care of the rest. The $3.97 target is just the start, there is so much more growth potential long-term. Namaste.
Long
by AlanSantana
TONCOIN needs correction! Is Bitcoin the Beginning of a Bullish?Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, a few thoughts on everything that is happening in the market. As for Bitcoin and my short position, so far everything is sad, there is strong pressure from the buyer, but the plan for correction has not changed. Just remember that there is a bear trap waiting for us somewhere nearby. Yes, there is a small “trigger” in the form of a fix above $30,000, but there is no other way to cause FOMO, so we are now seeing the BTC chart in flight, as well as altcoins. For example, TON, which has grown by 16% since the last review, is equal to the latest growth of BTC. And TON can also be traded under X for a second. At the moment, we may see another correction below $2, as there will be one of the events ahead that could bring volatility to the coin. They will set a world speed record on the TON blockchain on October 31st. Usually, before such events, a salesperson will appear where you can try to stop by. The priority is the 0.618 level and everything below it. For now, I’m watching the chart and waiting for confirmation of the indicator on the older timeframe. You may even have to short this monster before dialing to the spot
Short
by DanilBlinkov
Coin Watch: Toncoin (TON)TONCOIN (TON) is the native token of the blockchain platform The Open Network (TON). TON is a decentralized, scalable blockchain with the potential to handle millions of transactions per second. It consists of key elements such as TON Blockchain, TON Payments, TON Proxy, TON DNS, TON Storage, TON Services, and TON Workchains. TON aims to offer a highly scalable and secure network with features like multi-chain architecture, decentralized storage, anonymity, and decentralized DNS. The TONCOIN token serves various purposes within the TON ecosystem, including staking, governance, transaction fees, and access to services. Looking at the weekly chart, we only have data from late 2022 and price has been ranging between 1$ and 3$. Recently, the coin is in a bull run since august and is approaching resistance levels around 2.3$ and 2.6$. On the daily chart, a falling wedge pattern was broken 6 days ago but is still in progress, with a target price of 2.5$. RSI is bullish on both charts, but not totally overbought yet. Stay tuned!
by cyatophilum
TONCOIN has a powerful event ahead, everyone's attention!Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information there.✅ Friends, I would like to talk about this monster again, the TONCOIN coin is for your attention! Earlier, I wrote a plan and said that I expected a correction to the 0.618 level, while we see that the price did not reach this value, but broke through the $2 mark where we could try to buy some coins, for example at $1.92. I think that the train has not yet left, but is still standing at the platform and waiting for latecomers and it will be possible to get in for less than $2. An interesting event awaits us ahead on October 31, where they will test the TON blockchain for speed and set a world record, and if everything goes smoothly, the TON blockchain will be included in the Guinness Book of Records. Plus, there will be a powerful collaboration with Alibaba Cloud, which is a large Chinese company. So, I think that before this event there may still be a correction somewhere below $2-1.8, if there is a correction, I will try to gain a spot position of 5% of the depot. If there is no correction, then I will think about going in at current prices)
Long
by DanilBlinkov
TON – 2023 Reports Over the past days, the total number of accounts and transactions on The Open Network (TON) increased to 2.88 million and 173 million, respectively. TON has become the 14th largest cryptocurrency by total market capitalization, according to CoinMarketCap. Similar to the previous quarter, TON's technology, ecosystem, and the network's economy improved. The TON 2023.06 update introduced the new burn functionality. It was implemented by the community and validators, who voted to burn 50% of the network fees, including storage and transaction fees. This forward-thinking solution means that, although the current burned amounts are insignificant, as the network and transaction volume grows, there could be a noticeable reduction in the circulating Toncoin supply. Decreasing the supply typically stimulates demand. It is also worth mentioning the creation of the "Black Hole" mechanism, which destroys all Toncoin sent to it. This can be utilized for new deflationary mechanics in the future. Thanks to the Liquidity Mining Rewards Campaign, the Total Value Locked (TVL) in the network has grown by 2200%, and over $20 million has passed through the token bridge launched last quarter. Undoubtedly, we will continue to stimulate the growth of the TON DeFi segment moving forward. Tonkeeper, the most popular TON wallet, has integrated staking and a decentralized cryptocurrency exchange into its interface. The decentralized exchanges on TON are also making progress – DeDust has received a significant 2.0 update, a new exchange called FLEX has been launched, and STON.fi has introduced a new Rust SDK, FunC library, and launched the STON token.
Long
by DEXWireNews
TON Foundation Partners with Alibaba CloudTON Foundation Partners with Alibaba Cloud for World’s Fastest Blockchain. They plan establish 256 servers for validator nodes and initiate a dedicated TON blockchain network for performance testing. In an ambitious move, the Open Network Foundation (TON Foundation) is aiming to achieve official recognition as the world’s fastest blockchain, seeking accreditation from Guinness World Records. Public performance testing will take place on October 31.
Long
by DEXWireNews
Telegram TON: Looks Like It Will Dump Hard from Here?After the massive of OKX:TONUSDT as a result of a recent Telegram announcement about the integration of TON wallet into their App. It seems like the coin has gotten to a ceiling, and it is about to dump again. From a technical point of view, it is going to dip further to $1.7 any time soon. This is my analysis of Ton, share your thoughts with me in the comment box. If this analysis makes sense to you, follow me now and support my idea. Cheers to your profits!
Short
by CryptoNiche
14
TONUSDTHello snipers, nothing is impossible. In the daily time frame, we see two patterns together, an increasing speaker pattern and another one that is inside the first pattern, an upper head and shoulder, which is a bearish pattern, because the price is above the 103-day moving average, and this average can be a strong support. If it exists and also the price has hit the trend line, the probability of increase may be higher. All analyzes are only possibilities. Purchase offer. or not for sale
by Hosseinshokrii
TON: Pullback in UptrendTrade setup : Price is in an Uptrend. It got rejected at $2.60 resistance zone, just as it did in early 2023. Pullback near $1.95 support area could be an attractive swing entry in Uptrend, with upside potential back to $2.60 (+30%). Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $1.95, then $1.60. The nearest Resistance Zone is $2.60.
Long
by altFINS