Breakout For #TONUSDT

79
The pattern in the chart is a falling wedge. This formation typically occurs when the price consolidates between two converging downward-sloping trendlines.

It is good to consider an opening a long at this area and keep it till $5.26 range for #TON

Falling wedges are generally considered a bullish reversal pattern if they appear after a downtrend or a continuation pattern in an uptrend. The breakout typically occurs to the upside.

Keep Long Upto 5.26 and wait for the breakout #TON
Nota
Always I have one thing to remember you. Book profits every 10% profits 😉🙌. And move SL to Entry and enjoy the ride as usual

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.