TON SPOT Setup (3D) - Nov 15 2024
2024-11-16

Looking at TON's chart it seems a breakout is close. Ton has been consolidation for several months and as long as it is above the long term yellow trendline, higher targets of 6.97, 10 and 15 are available.

The only problem that remains is BTC's possible dump to fill its CME gap.That's why the tight SL of 5.0 level is selected. If TON manages to thrust out of the consolidation pattern, it can still preserve its bullish structure despite BTC's CME gap dump.