TradeCityPro | TON Range Tightens, Breakout Probability Rising
👋 Welcome to TradeCity Pro!
In this analysis, I want to review the TON coin for you. One of the popular crypto projects that belongs to the Telegram platform, and with a market cap of $4 billion, it is ranked 26th on CoinMarketCap.
⏳ 4-hour timeframe
This coin has formed a range box on the 4-hour timeframe, and like most altcoins, it is currently ranging.
⚡️ The bottom of the range box is at 1.45 and the top of the box is at 1.68, and for several days now, volume inside this box has been increasing.
📊 This increase in volume indicates the presence of traders in this coin, and if volume continues to increase, the probability of a range breakout will rise.
✔️ Currently, most of the volume is buy volume, and the probability of breaking the 1.681 resistance has increased.
⭐ The higher low that the price has formed is at 1.562, and as long as the price stays above this level, we can expect that if 1.681 breaks, an upward bullish move will start.
🎲 However, if the price gets rejected from 1.681 and moves downward, breaking 1.562, then with the break of 1.45, we can open a short position.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
In this analysis, I want to review the TON coin for you. One of the popular crypto projects that belongs to the Telegram platform, and with a market cap of $4 billion, it is ranked 26th on CoinMarketCap.
⏳ 4-hour timeframe
This coin has formed a range box on the 4-hour timeframe, and like most altcoins, it is currently ranging.
⚡️ The bottom of the range box is at 1.45 and the top of the box is at 1.68, and for several days now, volume inside this box has been increasing.
📊 This increase in volume indicates the presence of traders in this coin, and if volume continues to increase, the probability of a range breakout will rise.
✔️ Currently, most of the volume is buy volume, and the probability of breaking the 1.681 resistance has increased.
⭐ The higher low that the price has formed is at 1.562, and as long as the price stays above this level, we can expect that if 1.681 breaks, an upward bullish move will start.
🎲 However, if the price gets rejected from 1.681 and moves downward, breaking 1.562, then with the break of 1.45, we can open a short position.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
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💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
💥 Don’t Miss Out!
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
🏆 Trade & Earn : bitunix.com/register?vipCode=TCPINT
💰 Join the Telegram Channel Now: t.me/Tradecityproint
🤵 Business Contact: Tradecityproteam@gmail.com
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。