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Trustwallet

TRUST WALLET TOKEN new volume and more gain 🚀Hello 🐋 based on the chart, the price is in the daily parallel channel and break out of the descending channel is completed beside it is close to the round number 📖💡 we can expect the retest to the descending channel too 💡📖 if the price doesn't break the support levels to the downside and breaks the round number to the upside, we will see more gain in long term overview 🚀💣 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
by MadWhale
3
TWT: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge pattern could signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Potential upside to $1.00 or even $1.20. This is a trend reversal trade setup, which is a higher risk trade since overall trend is still down. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $0.70. The nearest Resistance Zone is $1.00, then $1.25.
Long
by altFINS
TWT: Falling WedgeTrade setup : After it got very oversold (RSI ~ 20), price bounced from $0.75 support and reached $1.00 level, where it got rejected. Overall trend is still down and price is also trading in a Falling Wedge pattern. We wait for a breakout, ideally above $1.00 that would signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order. Trend : Downtrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $0.90, which it broke, then $0.75. The nearest Resistance Zone is $1.00, then $1.25.
Long
by altFINS
TWTUSD Incredible buy opportunity.TWTUSD almost hit two days ago the bottom of the 2 year Channel Up and by that made a technical Higher Low. Practically that is an incredible buy opportunity on a 1 year basis. The decline is almost the same (-74%) as the last Higher Lo on February 24th 2022. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.4000 (Fibonacci 0.5). 2. 2.5000 (near the All Time High). Tips: 1. The RSI (1d) got heavily oversold under 20.00 for the first time in the token's history and rebounded over its MA level inside one day. A strong indication that the market deems these levels as a strong demand zone. Please like, follow and comment!!
CRYPTO:TWTUSDLong
by TradingBrokersView
$TWT/USDT 12h (#Bybit) Descending trendline breakout and retestTrust Wallet Token regained 50MA support, seems to be done with the downtrend and ready for recovery towards 200MA. ⚡️⚡️ #TWT/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (4x) Amount: 5.0% Current Price: 1.2160 Entry Targets: 1) 1.2030 Take-Profit Targets: 1) 1.3845 Stop Targets: 1) 1.0820 Published By: @Zblaba $TWT #TWTUSDT #TrustWalletToken Risk/Reward= 1:1.5 Expected Profit= +60.3% Possible Loss= -40.2%
Long
by TradingOn
🔥✅ HUGE UPDATE ON TWT AND POSITIVE FORECAST FROM CZ🔥 Hi friends! HUGE UPDATE ON TWT. Trust Wallet added cross-chain swaps. Now coins from different blockchains can be exchanged within the wallet directly. 📊 WHAT IS A TRUST WALLET AND ITS LONG-TERM OPPORTUNITIES? Trust wallet is a non-custodial wallet which is 4-year partner of Binance. As you already understood, all altcoins related to this crypto exchange are "guaranteed" to grow. 🔻 TWT started to grow after the FTX collapse. A lot of traders start to transfer money to non-custodial wallets such as Trust Wallet, MetaMask, SafePal. ✅ CEO of Binance said that TrustWallet is the most downloadable wallet in the world. We can easily monetize it by adding a small fee for transactions within the wallet. It is a good fundamental precondition to grow because Binance continues to invest in TWT. Maybe, it become the MAIN product of the Binance team in 2-3 years. 📊 TECHNICAL ANALYSIS Now the price break the huge triangle and make +150%. Now I expect the pullback. The main precondition to pullback are the huge volumes at highs. There are always a pullback after such growth. ✅ THE BEST PLACE TO LONG TWT: 🔥 $1.23 - important key level and order flow 🔥 $1.65 - local high and the key level 🚩 You will be lucky to buy TWT at such levels. These 2 key levels is HUGE support, because we use the higher timeframe (1W) to analyse the chart. If the price doesn't return to the key level, I will make the updates with local scenario and the best place to open a trade on lower timeframes. 🔥 MY TARGETS FOR TWT: 1. $2.7 - the local high and resistance 2. $8-9 - the mid-term(!) target according to global triangle height Traders, is this idea useful for you? Write your thought about TWT in the comment! Does it have a chance to reach $10 in a 1 year? 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
16
Will Trust Wallet Token Continue Straight Up To $3.45The really high volume here on this chart reminded me of Band Protocol, the analysis we shared earlier... Now, Trust Wallet Token (TWTUSDT) hit a low in May 2022 and has been on an uptrend since. In the past few weeks, we see a strong bull-run taking place, within a bear market. Q: Can it continue growing and hit $3.47? A: It depends. As we can see from the chart above, the Fib. extension resistance 1.618, the Golden Ratio, is set at $2.318. TWTUSDT hit this level but produced a long upper wick/shadow just two weeks ago. This is an important level and can decide if this altcoin pair will retrace or continue moving straight up. If this level can be taken out/conquered, prices moving and closing above it, we can see another impulse which would take prices to $3.45. But if instead TWT fails to break this level, a correction can easily take place (red arrow). So far it is looking like the important resistance will be challenged again. Check the chart for additional information. Visit my profile for more trades. Hit Boost, Comment & Follow. Thanks a lot for your support. Namaste.
by AlanSantana