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TON

Will TONUSDT’s W Pattern Trigger a Bullish Reversal or Collapse?Yello Paradisers! Are you keeping an eye on TONUSDT? Here's why you should be: 💎TONUSDT has been shaping up an intriguing technical structure, forming a right-angle triangle while developing a W pattern emerging from a strong support zone. This confluence could spell opportunity if key confirmations align. 💎If TONUSDT breaks out and secures a candle close above the resistance zone, it will confirm the W pattern. This move could significantly boost the probability of a bullish reversal. Watch for this breakout, as it could trigger a fresh upward momentum. 💎Should the price pull back, we could anticipate a bounce from the current support zone. However, to enhance the probability in our favor, it’s wise to wait for a bullish I-CHoCH (internal change of character) signal on lower timeframes before taking any action. This adds another layer of confirmation to support an informed entry. 💎On the flip side, if the price breaks down and closes below the support zone, it will invalidate our bullish thesis. In this scenario, patience is essential. Wait for new, more favorable price action to develop before making any moves. Remember, Paradisers, discipline and patience are what separate consistent traders from the rest. Trade smart and stay focused. This is how you make it in the long run. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Nathan
TONUSDT's Bullish Structure: Ready to Overcome Resistance?💎 Paradisers, #TONUSDT has formed a cup and handle pattern and is demonstrating a proper bullish market structure, which increases the likelihood of a bullish move. 💎 If #TON breaks and closes a candle above the resistance zone, it will validate the cup and handle pattern, and we can then expect a potential bullish move. 💎 In the case of a pullback, we can anticipate a bounce from the bullish Order Block (OB) and supportive trendline, but remember that we need an Internal Change of Character (I-CHoCH) in lower timeframes for confirmation. 💎 However, if the price breaks down and closes a candle below the bullish OB and supportive trendline, it will invalidate our pattern. In this case, it would be better to wait for more favorable price action to develop. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
TON is tuning up for a potentially bullish performance! 🎶💎 Paradisers, #TON has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 If #TONUSDT breaks above the resistance zone, we can set our sights on targets up to the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the Breaker Block (With FIB 0.618 level), but we need to be cautious here and consider other market activities and trends. 💎 However, if the price drops below the Breaker Block, it will invalidate the bullish signals and the inverse head and shoulders pattern. In that case, it would be better to wait for more favorable price action to develop.
by MyCryptoParadise_Nathan