Coin name- #TON
signal type - LOng
The TON/USDT chart has formed a falling wedge pattern, which could imply an upward breakout. RSI 41.79 and Stochastic 15.83 show that momentum is gathering for a price reversal. Strong support at $5.16 will mean that a breakout may see the price shoot upwards, hence the long position is promising.
In the TOTAL3 chart, one can notice a bullish flag pattern with strong consolidation, meaning a breakout is imminent. RSI at 50.68 shows neutral momentum, and the overall market cap is poised for further upside movement toward 1.05T.
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On the BTC dominance chart, the 0.618 Fibonacci level was retraced, while the RSI, which is at 52.64, means momentum is neutral. It has consolidated around 57.9%, which is showing further rises in dominance.
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From the liquidation heatmap of TON/USDT, high liquidity in the market lies between $5.0-$5.7. Price is in consolidation at $5.1, indicating the high pressure that might result in volatility and probably a breakout.
Trade Details:
Entry: Around 49 ( Join my Binance live for premium crypto signals )
1st Tp:
2nd Tp:
3rd Tp :
$TON #swap_crypto #TON #Toncoin
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