Hi
TON formed a clear double bottom, signaling a potential trend reversal.
Price has now broken above the descending trendline, confirming a shift in market structure.
The former resistance zone is acting as support, which strengthens the bullish case. As long as price holds above this level, upside continuation remains likely.
Targets:
• 1.08 → internal resistance
• 2.16 → Major supply & demand zone
A short consolidation or pullback is possible, but the overall structure favors bullish continuation.
TON formed a clear double bottom, signaling a potential trend reversal.
Price has now broken above the descending trendline, confirming a shift in market structure.
The former resistance zone is acting as support, which strengthens the bullish case. As long as price holds above this level, upside continuation remains likely.
Targets:
• 1.08 → internal resistance
• 2.16 → Major supply & demand zone
A short consolidation or pullback is possible, but the overall structure favors bullish continuation.
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My recommended Exchange -> YEX: bit.ly/YEX-M
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Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
------
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
My recommended Exchange -> YEX: bit.ly/YEX-M
------
Telegram channel: t.me/melikatrader94
Forex channel: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.