Toncoin/Tether

Does TON have a correction ahead?

537
After the completion of the bullish diametric, TON seems to be forming an ABC (flat) pattern.

It is expected that the specified supply will be maintained.

In this analysis, we consider the target as the green box.

Closing a candlestick above the invalidation level will violate the analysis

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You

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.