TONUSDT technical analysis on timeframes

  1. Identify the main trend of the market Price position vs EMA: Above 1H, 4H: The current price is above EMAs 7, 25, 99 → Short-term Uptrend. Above 1D: The price has just broken out of EMA 25 but is still below EMA 99 → The trend is showing signs of reversal. Above 1W: The price remains below EMA 25 and EMA 99 → The long-term trend remains bearish. Compare trends between timeframes: In the short term (1H, 4H) is in a strong uptrend. The medium-term (1D) is in the midst of a trend transition. Long-term (1W) remain a downtrend. → Conflict between short-term and long-term timeframes, further confirmation is needed. Break of Structure (BOS) & Change of Character (ChoCH): 1H, 4H: There is a clear increase in BOS, the price breaks the nearest resistance. 1D: In the post-BOS retest phase, if it holds firmly above this zone, it can confirm a reversal. 1W: No BOS increase yet, still in a long-term downtrend. Market momentum (OBV, MFI): OBV and MFI on 1H, 4H are rising sharply → Confirming inflows to support the uptrend. OBV on 1D, 1W has not yet confirmed a strong uptrend, further monitoring is needed. Open Interest (OI): There is no data showing OI yet, but trading volumes have risen sharply → may be attracting large inflows of money into the market.
  2. Identify important support & resistance zones Strong support zone: $3.26 - $3.30: Nearest support on 1H, 4H. $2.90 - $3.00: The support zone is stronger if the price corrects deeply. $2.35: The most important support in the long-term trend. Strong resistance zone: $3.64 - $3.70: Nearest peak above 1H, 4H. $4.20 – $4.30: Resistance is stronger if the price continues to rise. Fibonacci Retracement: The price is reacting near the 50% - 61.8% Fib level of the previous downtrend → This is an important area to confirm whether the price will continue to rise. Liquidity grab signs: The price may have swept the stop loss at the $2.90 zone before bouncing sharply → the smart money signal.
  3. Candlestick Pattern Analysis and Price Action Reversal pattern: Bullish Engulfing candlestick appears on 1H, 4H → Confirm the dominant buyers. Above 1D, a Morning Star can form if it holds above $3.30. Fakeout signs, price traps: If the price fails to hold above $3.30, it could be a bull trap, which needs to wait for further confirmation.
  4. Analyze technical indicators to confirm signals MACD: 1H, 4H: MACD is positive, histogram increases → Strong uptrend. 1D: A bullish crossover is underway but needs to wait for further confirmation. 1W: Still in the negative zone. RSI: 1H, 4H: RSI near overbought zone (70) → Carefully adjust. 1D: RSI started to recover but is not overbought yet. Bollinger Bands: The price touches the upper border on 1H, 4H → A short-term correction is possible before resuming the trend. OBV & MFI: Confirm strong buying, support the uptrend.
  5. Smart Money Concept Analysis (SMC) Order Block (OB): The price is reacting at the nearest OB on 1H, 4H. It is worth seeing if the price of retesting OB on 1D ($3.30 - $3.35). Break of Structure (BOS) & Change of Character (ChoCH): BOS happened on 1H, 4H. It is necessary to monitor the reaction on 1D to confirm the new trend.
  6. Determine the market stage according to the Wyckoff Method 1H, 4H: In the Markup phase (tăng the price of mạnh). 1D: May be switching from Accumulation (tích lũy) → Markup. 1W: Still in Markdown (giảm long hạn) price.
  7. Propose a trading strategy ✅ If BTC continues to rise: Entry point: Wait for the price to retest the $3.30 - $3.35 zone or EMA 25 on 1H, 4H. Stop Loss: Below $3.20 or the nearest Order Block. Target: $3.64 - $3.70, beyond $4.20. ✅ If BTC weakens or the market corrects: Short if the price fails to hold above $3.30. SL above $3.70, TP about $3.00 - $2.90. ✅ If the market sideway: Trade in a range of $3.30 - $3.64 or wait for a breakout. Confirm the breakout with Volume and Delta Volume. ✅ If there is a fakeout at resistance/support: Wait for confirmation from candlestick and volume before re-entry.
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