What has been going on with Ton and any idea on what the comming days may look like?
Taking a look at the 4h chart on $TON you can see the analytical sources of my previous 2 posts on #TON after the sad launch of #notcoin . (marked in orange on the chart)
Now we are approaching the area of interest which initially inspired #BEARISH📉 sentiment since last week, marked as a purple channel. It will be important to monitor the tempo(volumes) the MA5 interact with the MA200 during this 4h timeframe.
On you 15min chart you may notice the new formation of another ascending channel(bearish indicator), before a little dip!
Now while TON moves into this purple channel it will create the opportunity for only 3 possible scenarios.... Should you wish to #learn more about those possible scenarios please ask me about it in the comment section. If you don't need to ask because you already know, please tell me in the comments just how #bullish you are for TON? For now my SL is in the green and I'm still a little bearish for a day or 3... lets see!
Your support and encouragement is much appreciated, please like, share and follow should you whish to see more posts like this or help others learn.