TON will be a bullish altcoin these days (12H)

Mar 23

It appears that TON has formed a large corrective diametric, and we are currently inside wave F of this diametric. Wave F in this structure is bullish.

The structure, especially on the hourly timeframes, is genuinely bullish for TON. TON seems to be an altcoin that has survived this volatile market and the news around the Middle East conflict, and it now appears poised to move toward higher levels.

We have two scenarios, and with proper risk management, we can look for buy/long positions on TON. Be sure to break even on the first target.

We are looking for entries in the upper green zone, and aim to take profit at the specified targets.

A daily candle closing below the invalidation level will negate this view.

If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you.

What do you think? Is TON bullish?

Apr 18

Trade active

From the green box area, price eventually moved toward the defined targets. The fluctuations on the chart were due to the Middle East war volatility.

Without moving toward the invalidation level, price continued directly toward the targets.