Twtbtc
TWT/BTC Technical Analysis Chart looking bullish#TWT/BTC TA Update:-
#TWT chart is Looking good.
As per chart there are two bullish patterns we can see.
First Bullish pattern is Bullish Flag and 2nd Bullish pattern is Inverse head & Shoulder.
So good time to entry.
Entry:- 1050-1110 Satoshi
Targets:- 1398/1706/2313 Satoshi
Stop Loss:- 999 Satoshi
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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).