#TONUSDT | DAILY TIMEFRAME UPDATE

Sep 19

#TONUSDT | DAILY TIMEFRAME UPDATE

I'm currently watching #TON to reach the $6.056 - $6.366 zone, where we'll be looking for potential short positions.

Why is this grey zone so important? 🤔

This area, as seen on the weekly chart, is a key bearish order block and also represents the premium zone for #Toncoin. Once the price enters this region, we’ll shift to the 1H timeframe to look for confirmation signals before entering a short position.

As soon as confirmation is established within the grey zone, I'll provide the target levels. ✅

Invalidation for this setup is above $6.900.

Sep 27

Comment

Keep an eye on #TONUSDT and revisit my latest analysis for #TON.

As mentioned before, there's a bearish order block on the weekly timeframe, which is likely to act as a resistance for #Toncoin.

Sep 29

Comment

#TONUSDT | 4 HOUR TIMEFRAME UPDATE

After #TON hit the bearish order block, it dropped 5.50% without leverage! ⚡️

If you managed to catch this move, now's a good time to secure some profits and move your stop loss to break-even.

Oct 1

Trade closed: target reached

#TONUSDT | 4 HOUR TIMEFRAME UPDATE

After #Ton hit the bearish weekly order block, it plunged by 12.45%—without leverage! 🔥

So, what's the takeaway from this #Toncoin analysis?

Always prioritize the higher time frames (monthly, weekly, daily) in your trades. Once you've identified the trend on these larger time frames, you can then refine your entry and confirmation using the lower time frames.