19:15 GMT Eth ETF news impact on TON...

Yesterday saw the start of an ascending channel, as mentioned during my previous post, on $TON

This should have translated into a #BEARISH📉 move later, but then just as it seemed like the price would drop an announcement was made in the media about #ETHETFS and FOMO kicked in!

The result, as shown by the second purple channel on the chart, was the formation of another #BearishFlag pattern....

Now what will #tonecoin do next? Will yesterday's news inspire further growth or will the patterns act true so we can finish up with this correction period and see new growth?

At this time I have set my SL in the green and am considering looking for a new #LongOpportunity .

Yesterday's news event had a definite effect on the Ton chart and pending the next move, I'm in undecided in between bullish and bearish for the immediate future....

What is your opinion? Your support and encouragement is much appreciated. Please like, share and follow.