TONCOIN / TETHERLong
TON GOES UP
This chart provides a weekly overview of TON/USDT with important price levels and indicators:
Key Observations:
Current Price:
The trading price is $6.8810, with a slight increase of +1.24%.
Resistance and Support Levels:
Resistance: $8.2255 (purple line at the top).
Key supports: $6.1420, $5.7424, $5.4394, $5.2415, $4.7675, $3.6183, $2.3321.
The price is currently moving toward resistance after a significant recovery.
Moving Averages (MA):
The chart shows multiple moving averages (20, 50, 100, and 200 periods).
The price is trading above all major MAs, signaling bullish momentum.
MACD Indicator:
The MACD (blue) has crossed above the signal line (orange), indicating a bullish crossover.
Histogram bars are turning green, suggesting upward momentum.
Trend Analysis:
Bullish Momentum: The price is steadily climbing and remains above major support levels, supported by the bullish MACD crossover.
Key Level to Watch: If the price breaks $8.2255, it could lead to a strong upward rally. However, failure to break resistance may cause a pullback to the $6.14 support.
Key Observations:
Current Price:
The trading price is $6.8810, with a slight increase of +1.24%.
Resistance and Support Levels:
Resistance: $8.2255 (purple line at the top).
Key supports: $6.1420, $5.7424, $5.4394, $5.2415, $4.7675, $3.6183, $2.3321.
The price is currently moving toward resistance after a significant recovery.
Moving Averages (MA):
The chart shows multiple moving averages (20, 50, 100, and 200 periods).
The price is trading above all major MAs, signaling bullish momentum.
MACD Indicator:
The MACD (blue) has crossed above the signal line (orange), indicating a bullish crossover.
Histogram bars are turning green, suggesting upward momentum.
Trend Analysis:
Bullish Momentum: The price is steadily climbing and remains above major support levels, supported by the bullish MACD crossover.
Key Level to Watch: If the price breaks $8.2255, it could lead to a strong upward rally. However, failure to break resistance may cause a pullback to the $6.14 support.
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.