TONCOIN may be gearing up for a potential 40% breakout towards $11. This forecast was made by trader and cryptanalyst Ali Martinez (ali_charts, 64 thousand subscribers in X):

True, it allows for a correction to $7.2:

#Toncoinis poised for a potential 40% breakout as it heads towards $11! However, the TD Sequential indicator suggests $TON may briefly fall to $7.2 to gather liquidity before the rally."

TD Sequential is an excellent indicator based on the candle counting method of the famous analyst Thomas DeMark. The same technique that we used to make the trend reversal indicator (but it also takes into account additional signals from other instruments regarding a possible trend reversal). On a four-hour time frame, both indicators actually indicate the likelihood of a correction. True, at the same time, the structure on the daily TF is ascending. And it also promises growth, maximum, until June 19-20 (of course, without guarantees that the trend will not be broken).

We have not looked into the situation regarding#TONCOINsince June 5, when we assumed the formation of PG&P in the area of ​​global highs. BUT after a week the situation is still more like a triangle with a flat top. Which is also a bullish pattern.

Yesterday and today there is already another, already the third attempt to exit the figure upward. And the price again came to the upper border of the figure and broke through it. The price goes to the volume level of $7,270. This is essentially the same purpose of correction that Martinez wrote about. And, quite possibly, it really won’t go any lower. Because yesterday and today are essentially against#BTCand the entire crypto market as a whole.

I wonder what exactly the price of TONCOIN can go above $10. The “aces up the sleeve” are the same - either listing on the Binance spot (there are no reasons to wait/rumors yet), or the need to have TOCOIN in your wallet for token stamping. With NOTCOIN they were not needed. But they may be needed for the Hamster Combat token, for example.

Fundamentally, the TON blockchain is doing well, development is underway - it even surpassed Ethereum in the number of active addresses #DelphiDigitaldata). True, at a short distance and plus, statistics do not take into account L2 solutions for scaling Ethereum. And that's where most of the activity is happening right now.

The surge in TON network activity, logically, is associated with two factors:

- Success of Notcoin. Both the distribution itself to users and trading.

- The appearance of USDT in the TON network and the integration of a stablecoin on this network in Telegram.