Toncoin breaks consolidation pattern, $2 easy target

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Toncoin breaks consolidation pattern, $2 easy targetToncoin/USDTOKX:TONUSDTMasterAnandaToncoin has been moving within a consolidation pattern for 46 days. Just yesterday this pattern was broken opening up the potential for a new trend. It is the same price dynamic seen on the left side of the chart but in reverse, the mirror image. The entire down-move should be corrected to the upside. After not being able to go any lower, TONUSDT went sideways followed by a bullish breakout when the upper-resistance of the pattern, a descending trendline, was broken. The same trendline resistance matched MA200 producing multiple rejections on the way up. Mid-February, early and mid-March. It all changes now. It is interesting to see how the trendline and MA200 have a perfect match. This makes this a more significant resistance level and now that it broke a more significant bullish breakout and confirmation. Since it took more than a month for this level to break, we know there is really high probability for a new bullish wave. The continuation of the current bullish breakout. » TONUSDT can easily move to hit $2 in the short-term. This chart setup can be approached with leverage. Thank you for reading. Namaste.