Hey, guys.
#TON
On the global timeframe, the coin is in consolidation after rising in early 24.
The ratio to the broad altcoin market shows investors' interest in this instrument, the correction reached 0.5 Fibo, after which the price was bought back.
Locally, the instrument has formed an inverted H&S pattern, in case of working out of which has the potential to move to the area of 10$, support is below 5$.
Blockchain TON has a good potential for growth, and if the cryptocurrency market will continue to grow, it makes sense to pick up TON on corrections.
If we go to the hourly chart, we can see that the price is in micro consolidation under the trendline, we can consider Long on the breakout.
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