Bearish on TONUSD: 58% to 97% Probability of Hitting TP1!
Toncoin (TON) is currently facing several bearish pressures in the market:
Key Fundamentals
- Declining trading volume indicates waning investor interest
- Price action below key EMA levels (20-day, 50-day, and 100-day) reinforces bearish sentiment
- Recent completion of a Death Cross on the daily timeframe, the first since May 2023, suggests potential for further downside
- Broader cryptocurrency market uncertainty and regulatory concerns are affecting altcoins like TON
I'm employing probability-based analysis on my charts to strategically enter short positions on TONUSD.
3D:
Hourly timeframes:
Please feel free to share your ideas and thoughts!
Key Fundamentals
- Declining trading volume indicates waning investor interest
- Price action below key EMA levels (20-day, 50-day, and 100-day) reinforces bearish sentiment
- Recent completion of a Death Cross on the daily timeframe, the first since May 2023, suggests potential for further downside
- Broader cryptocurrency market uncertainty and regulatory concerns are affecting altcoins like TON
I'm employing probability-based analysis on my charts to strategically enter short positions on TONUSD.
3D:
Hourly timeframes:
Please feel free to share your ideas and thoughts!
أغلقت الصفقة: تم الوصول لوقف الخسارة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.