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#TON/USDT : Short Wave Still In Progress

#TON
The price is moving in a descending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking downwards, with a retest of the upper limit expected.
We have an upward trend on the RSI indicator, which has reached near the upper limit, and a downward reversal is expected.
There is a major resistance zone in green at 1.94. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend of consolidation above the 100-period moving average, as we are moving close to it, which supports a downward move towards touching it.
Entry price: 1.84
First target: 1.81
Second target: 1.77
Third target: 1.72
Stop loss: Above the resistance zone in green.
Don't forget a simple thing: money management.
For inquiries, please leave a comment.
Thank you.
The price is moving in a descending channel on the 1-hour timeframe. It has reached the upper limit and is heading towards breaking downwards, with a retest of the upper limit expected.
We have an upward trend on the RSI indicator, which has reached near the upper limit, and a downward reversal is expected.
There is a major resistance zone in green at 1.94. The price has bounced from this zone multiple times and is expected to bounce again.
We have a trend of consolidation above the 100-period moving average, as we are moving close to it, which supports a downward move towards touching it.
Entry price: 1.84
First target: 1.81
Second target: 1.77
Third target: 1.72
Stop loss: Above the resistance zone in green.
Don't forget a simple thing: money management.
For inquiries, please leave a comment.
Thank you.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
📍Trade Smart & Stay Protected⭐️
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
Join Our Telegram Channel Signals Futures and Spot Free
👉 t.me/+WN4RexVn8DM2MTlk
📌 We're open to Promotions, Ads & Partnerships
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.