$TON seems to be forming some cute little devil horns (Double Top) on the weekly chart. This is considered a #Bearish signal and with the launch of $NOT today, very likely.
Looking at the MA5 being attracted to the MA20 line is another bearish indicator and we will likely see predominantly bear candles until these 2 MA lines interact over the next few days.
It is suspected that the MA5 will bounce off and not cross over the MA20 on the weekly chart, to indicate new #Bullish momentum.
Personally I consider a drop to 5.8 very reasonable during the next few days and any decline in price below that level is expected to be short lived as #TON is set for much higher things.
These last few lows are a great time to collect more TON while #Notcion is enjoying some light after it's successful launch.
Your support and encouragement is much appreciated!
