Can TWT pump despite the huge crypto flush-out?

Updated

This is a quite dubious analysis. There are no needs to rush into any trades. It is interesting to witness TWTs contrarian price activity. Using structure analysis there is a possiblity that it can reach $15 in January before losing its gains. We will keep an eye on this asset during further consolidation.

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Next week is the consolidation phase to watch in our opinion. No financial advice.

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We remain cautious on this price action, no safe structures that signal another move up, we keep watching.

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We are glad we stayed cautious and did not enter a position. It seems the bullish structure has been broken. We will abandon this idea for the time being.

Surviverino

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