$TON needs a strong breakout of this downtrend. If we can get it, could see $4 in short order. Pump it Manny!
https://www.tradingview.com/x/BwT7ep9o/
https://www.tradingview.com/x/BwT7ep9o/
TradingView
BYBIT:TONUSDT Chart Image by TechnicallyCrypto
Speaking of Manny, $TONX is struggling, currently trading -44% below Treasury NAV. Will this need to bottom in order for TON to send? Or will TON sending cause this to bottom? Stay tuned!
https://www.tradingview.com/x/kV28hPGu/
https://www.tradingview.com/x/kV28hPGu/
TradingView
BATS:TONX Chart Image by TechnicallyCrypto
Tons of Alpha
$TON needs a strong breakout of this downtrend. If we can get it, could see $4 in short order. Pump it Manny! https://www.tradingview.com/x/BwT7ep9o/
$TON didn't breakout of the downtrend and actually broke down severely, wicking down to the $2.50s. TON/BTC made a new all time low. However, this area has been strong support throughout the year. TON is a good r/r long down here.
https://www.tradingview.com/x/QnWDPXo1/
https://www.tradingview.com/x/QnWDPXo1/
TradingView
BYBIT:TONUSDT Chart Image by TechnicallyCrypto
Tons of Alpha
Speaking of Manny, $TONX is struggling, currently trading -44% below Treasury NAV. Will this need to bottom in order for TON to send? Or will TON sending cause this to bottom? Stay tuned! https://www.tradingview.com/x/kV28hPGu/
$TONX appears to be bottoming. Friday saw capitulation type volume (highest since VERB -> TONX deal was announced). Looking for $10s easily with the potential for $15 in short order. Keep in mind, TONX's treasury is currently worth $12 per share.
https://www.tradingview.com/x/AJULFyBH/
https://www.tradingview.com/x/AJULFyBH/
TradingView
BATS:TONX Chart Image by TechnicallyCrypto
Tons of Alpha
$TONX appears to be bottoming. Friday saw capitulation type volume (highest since VERB -> TONX deal was announced). Looking for $10s easily with the potential for $15 in short order. Keep in mind, TONX's treasury is currently worth $12 per share. https:/…
$TONX looks cheap and upside calls for Nov and Feb look attractive imo
https://x.com/tonstrat/status/1972695214650274173
https://x.com/tonstrat/status/1972695214650274173
X (formerly Twitter)
tonstrat (@tonstrat) on X
As of September 29th, TON Strategy Co. [Nasdaq: $TONX] disclosed:
$TON tokens: 217,529,634
Staked $TON reserves: ~82% (with plan to stake substantially all by Oct 10)
Fully diluted common shares outstanding: 61.5M
Total Asset Value (TAV): $637M+
TAV per…
$TON tokens: 217,529,634
Staked $TON reserves: ~82% (with plan to stake substantially all by Oct 10)
Fully diluted common shares outstanding: 61.5M
Total Asset Value (TAV): $637M+
TAV per…
Tons of Alpha
$TONX looks cheap and upside calls for Nov and Feb look attractive imo https://x.com/tonstrat/status/1972695214650274173
I’ve been bidding $TONX Nov $10 calls for days. Position finally fully entered. 42c avg. Looks good send it.