TONUSDT Analysis by @pipsnipers

The analysis assesses TONUSD based on Elliott Wave theory. It identifies a three-wave move down for wave A, a three-wave move up for wave B, and a five-wave move down for wave C. The analyst believes the current movement may constitute wave 4 and predicts an upward wave 5. The target is the 1.236-1.382 extension level from the high to the low, around 7.79. A daily close above 4.59 would confirm the end of the correction and likely upward movement.