See (or watch), Toncoin is consolidating the higher low. I think I need to use new/different words because repeating the same words will get you bored eventually. Ok, that doesn't matter since we are talking about money right? If my analysis ends up being positive and being a money maker, then we can accept repeating the same terms over and over, what do you say?
Sounds good to me; I hope it resonates with you.
Let us see if you can grasp the situation from my perspective.
When Toncoin peaked in April/June 2024 I told you the thing was going to "go back to baseline" and produce a crash and then consolidate at the lows, etc., before a new wave of growth was possible. This is happening now but the fact that it is happening now also means that the down-wave is over.
After the bearish move comes the bullish move.
You know, this bearish move took more than a year to complete so you might not even remember when I was sharing all those bearish charts. The bullish move is the same, by the time prices go up and the market becomes bearish again, you will forget that I was telling you "it is going up," when the action was happening at bottom prices.
Technical analysis —TONUSDT
Classic price dynamics are present on the chart. The bottom is hit 11-March and there is a very strong reaction supported by high volume. Then the market goes sideways within a higher low.
That's it, this is the last consolidation at low prices before maximum growth. That's just the way it is. The market goes down, the market goes up.
It peaked more than a year ago now, June 2024. That is a long time ago specially in Crypto-terms. Once the bottom is hit, the market recovers and goes on a bullish wave.
How long will it take? 2 months? 1 week? 2 weeks?
Doesn't matter; it is coming, it is sure, it is true, it is easy, we will win.
Namaste.