Breakout For #TONUSDT
The pattern in the chart is a falling wedge. This formation typically occurs when the price consolidates between two converging downward-sloping trendlines.
It is good to consider an opening a long at this area and keep it till $5.26 range for #TON
Falling wedges are generally considered a bullish reversal pattern if they appear after a downtrend or a continuation pattern in an uptrend. The breakout typically occurs to the upside.
Keep Long Upto 5.26 and wait for the breakout #TON
It is good to consider an opening a long at this area and keep it till $5.26 range for #TON
Falling wedges are generally considered a bullish reversal pattern if they appear after a downtrend or a continuation pattern in an uptrend. The breakout typically occurs to the upside.
Keep Long Upto 5.26 and wait for the breakout #TON
Note
Always I have one thing to remember you. Book profits every 10% profits 😉🙌. And move SL to Entry and enjoy the ride as usual
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.