🤑TONUSDT
Thoughts on the market
Unfortunately, we still followed the short scenario through a fake breakout or, as in this case, a deviation before entering the range 😳
I’ll quote myself, since just a couple of days ago the whales gave justification for shorts and returning the price to “convenient values”:
Purely according to schedule:
— break through the uptrend and retest it
— return to level 1.618 - the golden ratio as a significant psychological level
— collection of liquidity
— “cooling down” overheating of indicators and graphs
— local correction
— selection of positions by major players at prices lower than current ones
— discounts for funds
— return and approval of the mirror level, etc., etc....
I haven’t done anything on the market spot and I don’t plan to, because this rollback is easily compensated by the DFC/TON farm, the rewards of which exceed $300K in equivalent 👍
Several levels are interesting now, where TON can find support at 6.86 - fiba, 6.54 - mirror, 6.2 - strong. We monitor the limits. There is liquidity below that can be picked up, while going below 6$ will significantly slow down the “tuzemuun” to $12 and you will have to wait and average for several more months...