Telegram(TON), wait for the BREAKOUT!
TelegramCoin(TONCOIN) is near its local lows and there is no hype around this project. This is good for long-term growth!
We can expect a strong growth of this project by the speed of its development. But what does the technical analysis show?
Right now the price is in a triangle and squeeze under the lower boundary. We can expect a break down and liquidity collection. At the same time, volumes should definitely increase. It means that a buyer has appeared and is actively buying TON.
Also, the scenario of squeezing under the upper trend line and breakout is possible. As long as the cryptocurrency market is in an uptrend, then altcoins should be traded by trend.
The first target will be the $2.16-2.24 area. The next value zone and target is $2.38-2.46.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
We can expect a strong growth of this project by the speed of its development. But what does the technical analysis show?
Right now the price is in a triangle and squeeze under the lower boundary. We can expect a break down and liquidity collection. At the same time, volumes should definitely increase. It means that a buyer has appeared and is actively buying TON.
Also, the scenario of squeezing under the upper trend line and breakout is possible. As long as the cryptocurrency market is in an uptrend, then altcoins should be traded by trend.
The first target will be the $2.16-2.24 area. The next value zone and target is $2.38-2.46.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
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