Trustwallet
Trust Wallet Token (TWTUSDT)Trust wallet token has broken the resistance.
the key level is 0.9 $ and we should consider this as stoploss, under 0.9.
target can Be 1.5, 2 and 2.7 in long term as we can see now.
Look for a good position in 4-hours time frame and wait for pullback and confirmation.
the next key level is 1$.
Goodluck
Don't forget:
1-Money managment
2-put Stop-loss
3-push like and share
Trust Wallet retesting ATH vs USDT and the breakout is imminentTWT is one of those tokens that are related to BNB given Binance's involvement in the project. Both it and SXP have done OK over the last few weeks, but in my opinion it could grow a lot more. Lots of people use the wallet and that number will most likely grow.
However in my opinion what is more important is that it has some sort of weird triple top in BTC terms, which when broken will potentially lead to much much higher prices. Not there yet so after it breaks this high it might not accelerate much, but based on the Yearly Fibonacci Pivots it could grow by 60% from here. Clearly it could grow a lot more and that's just the first target for now.
charts.cointrader.pro
TWTUSDT (TRUST WALLET TOKEN) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- TWTUSDT hit an ATH
- The market then retraced, rejecting the ascending channel (AC) resistance and breaking down below the minor ascending channel (MAC) support.
- Price is retesting the ascending channel (AC) support and 0.618 fibonacci retracement level.
- There's a relatively high concentration of buyers at this retest zone.
- The retracement is bounded in the minor descending channel (MDC).
- A breakout above the minor descending channel (MDC) resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the minor descending channel (MDC) resistance and the previous swing high horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending channel (AC) and previous swing low horizontal support level (S1).
Trust wallet Token TWTBUSDTrust wallet is the most widely used software wallet and has recently released token in BUSD pair on some exchanges
This is the best new token after GHST I think which will pump even if the bull run is interrupted with surprises
Keeping a conservative target of 1$ or ~50% pump lets see ;)
Hold or add TWT trust wallet tokenHere we can see a nice cup and handle on TWT, which is a solid continuation pattern if the low of .41 holds, we can probably double our money from here over the medium term, maybe more gains longer term.
trustwallet.com
www.binance.com
TWTUSDT (TRUST WALLET TOKEN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- TWTUSDT is testing the ascending channel support.
- Price action is printing the inverse head and shoulders pattern.
- There's a breakout potential.
- This is double trade setup.
FIRST SETUP
- Buy entry⬆️: breakout above the inverse head and shoulders neckline resistance
- Targets 🎯: first fibonacci extension levels, swing high resistance (R1).
- Setup invalidation ❌: breakdown below the right shoulder support level (S1).
SECOND SETUP
- Buy entry ⬆️: breakout above the swing high resistance (R1).
- Targets 🎯: second fibonacci extension levels, ascending channel resistance.
- Setup invalidation ❌: breakdown below the ascending channel support.