My previous forecast for TON has played out as expected — the price reached 2.26 and even moved slightly higher.
At the moment, I see two potential scenarios, yet both seem to point toward the same outcome.
In my opinion, wave E of the corrective pattern might not be fully completed.
Structurally, this looks like a contracting triangle, which often precedes a bearish breakout.
For now, I’m watching for a move down to the lower red line as a short-term target.
But from a broader perspective, I believe TON could drop even lower once the triangle is complete and the downward wave resumes
⚠️ Disclaimer: This analysis is based on technical patterns and personal observations. Trading cryptocurrencies carries significant risks. Always perform your own research and manage your risk accordingly
At the moment, I see two potential scenarios, yet both seem to point toward the same outcome.
In my opinion, wave E of the corrective pattern might not be fully completed.
Structurally, this looks like a contracting triangle, which often precedes a bearish breakout.
For now, I’m watching for a move down to the lower red line as a short-term target.
But from a broader perspective, I believe TON could drop even lower once the triangle is complete and the downward wave resumes
⚠️ Disclaimer: This analysis is based on technical patterns and personal observations. Trading cryptocurrencies carries significant risks. Always perform your own research and manage your risk accordingly
6+ years in trading. I read the charts like stories and share the ones worth telling
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
6+ years in trading. I read the charts like stories and share the ones worth telling
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.