Twt
🆓Trust Wallet Token (TWT) June-3 #TWT $TWTTWT has just had a flash pump but that pump was not stable and the recent 1Day candle closed mostly at 0.5$ zone. But I think TWT will have other pumps to 0.8$ and 1$ in the next few days. But if it loses the 0.5$ zone, it would be very dangerous to TWT because it could fall down sharply to 0.25$ zone
📈BUY
- Buy : 0.48-0.52$. SL if B
📉SELL
- Sell : 0.78-0.82$. SL if A
- Sell : 0.97-1.03$. SL if A
♻️BACK-UP
- Sell : 0.48-0.52$ if B. SL if A
- Buy : 0.29-0.31$ if A. SL if B
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
$TWT/BTC 1D (Binance Spot) Ascending channel on supportTrust Wallet Token is up-trending inside that parallel channel and is trying to break bullish out of that wedge.
Current Price= 0.00001383
Buy Entry= 0.00001388 - 0.00001280
Take Profit= 0.00001654 | 0.00001988 | 0.00002578
Stop Loss= 0.00001078
Risk/Reward= 1:1.25 | 1:2.55 | 1:4.86
Expected Profit= +23.99% | +49.03% | +93.25%
Possible Loss= -19.19%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
TWT 12h Where will the price go, $5.5 or $0.17?Our subscribers and readers under the idea: "An alternative scenario for the movement of BTC for 2021" asked to consider the TWTUSDT trading pair
And we heard them because they write that TWT is a promising token and the price can grow and grow.
Let's analyze what facts can be seen on the TWTUSDT chart
1) From August last year to the recent high, the TWTUSD price have made x200 , it's a very good result
2) Now the price is in a broad consolidation of $0.40-0.90 . If we assume that in this zone, the accumulation continues for the last four months (and this is how it looks for now), then after the price fixes above $1, we can expect an i ncrease to $5.5, to begin with.
3) If the price cannot break above $0.87-0.97 , consolidation and a set of positions may drag on for another 1-2 months.
4) If sellers activate and will push the price below the critical zone of $0.38-0.42 , then we can expect a continuation of the fall to $0.17-0.18
Write in the comments the fundamental basis that we did not take into account in the analysis. Will the token rise or fall?
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