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Technical analysis by Silverbacked_Gorilla about Symbol TON: Sell recommendation (4/3/2025)

https://sahmeto.com/message/3386064
Silverbacked_Gorilla
Silverbacked_Gorilla
Rank: 26686
0.6
Sell،Technical،Silverbacked_Gorilla

Historically, the average drop after a conformed trend break through my 1D chart EMA resulted in a 20% drop in price. We could see that here. TONUSDT has been is a nice uptrend and performing well, but people do take profits so when so air comes out, sometimes in adds selling pressure I think, and then we get the crowd that panics. Bingo! The institutional players and market makers will try to get filled long again and as a byproduct liquidate more people. Hence the larger drops when they happen. Enjoy!

Translated from: English
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Signal Type: Sell
Time Frame:
1 day
Price at Publish Time:
$3.73
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