TONCOIN/USDT Perpetual Contract
שורט

Toncoin (TON): Worst Case Scenario

As there are a lot of talks about Bitcoin, we are looking at it in a bigger timeframe.

We are seeing that price had a nice downward movement resulting in a possible break of structure to happen near the support zone.

We are now looking at that zone and if it is broken, then a further movement to lower zones will happen, filling all those FVGs.

Swallow Team
הערה
תמונת-בזק
Toncoin is trading still below 200EMA, giving us a good possibility for a downward movement here.

As price struggles to breakdown or have a bounce, we might see some liquidity moves here near that EMA, so eyes on it!
הערה
תמונת-בזק
Toncoin is being pressured by sellers despite some smaller good news about the CEO of Telegram.

Our gameplan has not changed a bit here so we wait for that supportive zone to be broken, which would start a strong downward movement!
הערה
תמונת-בזק
Toncoin did a small 19% market price movement but eventually bounced back up and now is trading around 200 EMA.

As we are back near our entry zone, we wait for a possible further pressure from sellers, which would lead the price back below that support zone!

כתב ויתור

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