$TON I want to share some information with you, my friends. The TON coin might be ready for an upward trend. To be honest, I know absolutely nothing about this coin except that it's somehow related to Telegram and Pavel Durov.
A breakout from the downward trend line is observed
The price movement pattern matches the book, forming an expanding formation. Seven out of eight points of this figure have been detected
This pattern appears at trend reversals, but the book states that this shape typically occurs at peaks, not at the base
"The expanding formation is a relatively rare pattern that, when it does occur, typically appears at the peak of the main uptrend, signaling a potential reversal. It resembles an expanding triangle with three sequentially higher highs and two lower lows. The expansion of price swings is accompanied by a gradual increase in trading activity. This formation concludes when the level of the second decline is breached, following the market's attainment of the third peak."
Plus, on weekly and daily candles, there is a clear, strong, distinct bullish divergence
📍My personal conclusion is this: I believe 2026 will be quite positive for this coin, so I've purchased a certain amount of it. Either my analysis proves correct, or I'll gain valuable experience avoiding altcoins 😄
This could be either a healthy correction within a long-term downtrend, or a reversal to a bullish trend. A healthy price correction typically falls within the range of 1/3 to 2/3 of the trend, or within the 3.5-5 range:
Share your thoughts in the comments about this, and green P&L to you, my crypto brothers 🙌
