We are preparing to buy for TONCOIN, we have set an alert for $5.17. Currently this is the level right above the EMA of the 50 day TF. It was previously tested twice, on April 25 and 27. It is possible that the price will not reach there, then we will buy at the market in the next two days. We will make a decision depending on the format of the candles.

On April 29-30, we are waiting for a reversal candle and a “Cheap” signal from the trend indicator on the daily TF, an attempt to grow. The only question is whether there will be another EMA test of the 50 day TF. So far, today's daily candle is bearish due to the sellers' reaction to the EMA 200 test of the four-hour TF. BUT the volumetric and mirror level 5.377$ is still holding.

If a trade is opened, we will place a stop at breakeven in the event of a reversal impulse. For growth, it is important to break through the upward trend from April 11 and April 20. If we don’t have time to place a stop at breakeven, and the price starts to adjust and consolidate under the EMA of the 50 day timeframe, we will go into the red, because the idea doesn’t work and there will probably be a more profitable entry point.

For now, the#TONCOINscenario that works for us is the continuation of the development of the TWT fractal. Where in November-December 2022, after an impulse growth, there was a correction, then a “Double Top” was formed with a slight overshoot, and then the price went into a significant and long-term correction. That is, we are not expecting growth above 7.7$ .

An important point is that for us this is a speculative transaction. The investment purchase of TONCOIN remains open in the portfolio of crypto wallet tokens, which began to be collected in December 2022. With an average entry point of 2.1194$ and long-term goals.