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behdark
Apr 13, 2024 5:00 AM

TON looks bearish 

Toncoin/TetherOKX

Description

After wave E, which was the last wave of the triangle, the price has entered a bullish diametric.

Now it seems to be in the last wave of this diametric. The last wave of this diametric is the g wave. From the supply range, we expect rejection towards the green box.

The targets are listed on the chart

Closing a daily candle above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

Comment

About 32% of the specified supply range was rejected.


Comments
WalterMoon
TON interesting token, we'll see what happens with him later 🤔
Xanrox
Very nice, I think your idea is great!
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