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TWTUSD

TWT (Trust Wallet Token): Falling Wedge BreakoutTrade setup : Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with upside potential to $1.00 to $1.10 resistance. Stop Loss at $0.80. This is a riskier trade setup because it’s a trend reversal not a trend continuation setup. It’s against the overall downtrend. Learn to trade breakouts in Lesson 7 and Risk Management in Lesson 9. 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. Learn to trade chart patterns in Lesson 8. Trend : Short-term trend is Neutral, Medium-term trend is Strong Down and Long-term trend is Strong Down. Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $0.70. Nearest Resistance Zone is $1.00, then $1.10.
Long
by altFINS
TWT is very bearishBefore anything, pay attention to the time frame. It seems to have completed a large diametric. It now appears to be at the end of a bullish wave G. We have two important targets on the chart. The first target is also a strong and supportive area. Closing a daily candle above the invalidation level will violate the analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark
1
TWT (Trust Wallet Token): Approaching SupportTrade setup : Price is in a downtrend. It got rejected at $1.40 and pulled back below 200-day moving average, which is a sign of downtrend. Swing Traders: pullback to $1.00 support could be as swing trade entry with +20% upside potential back to $1.20. This is a riskier trade setup because it’s against the overall downtrend. Trend Traders: wait for price to break back above 200-day moving average and $1.20 key level, which would signal resumption of Uptrend, with +15% upside potential back to $1.40. Pattern : Price is Approaching Support , which is a level where it could pause or reverse its recent decline, at least temporarily. Support is often a level where price has bounced up in the past, or potentially prior Resistance level that was broken. (concept known as polarity). Once price breaks below support, it can move lower to the next support level. Learn to trade key levels in Lesson 7. Trend : Short-term trend is Strong Down, Medium-term trend is Down and Long-term trend is Strong Down. Momentum is Bullish but inflecting. MACD Line is still above MACD Signal Line but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum could be nearing a downswing. Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70). Support and Resistance : Nearest Support Zone is $1.00, then $0.80. Nearest Resistance Zone is $1.20, then $1.40.
Long
by altFINS
Flying Saucer and +300% Profit 🛸#TWT/USDT #Analysis Description --------------------------------------------------------------- + TWT has developed a promising saucer pattern, signaling a potential breakout from the resistance level. This breakout will pump the price of TWT + I plan to enter a LONG trade following the breakout, with my entry point set just above the resistance level at around 1.4. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: Above 1.400 Stop Loss: 1.2352 ------------------------------ Target 1: 1.4486 Target 2: 1.5273 Target 3: 1.6385 Target 4: 1.7298 Target 5: 1.8287 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
Awaiting TWT's recoveryHello everyone! After the announcement of the Web3 wallet from Binance, TWT started dumping and the token lost more than 30% from its peak price. Currently, I am observing price stabilization, and we can consider a small upward movement for a correction after the drop. The target of $1.61 aligns with the golden ratio at Fibonacci 0.618. Entry can be made after the breakout of 0.236 on the Fibonacci retracement, with a modest gain of only 15%. However, this could potentially lead to quick profits. Alternatively, a position can be opened from the current levels, resulting in a profit of 20%. These recommendations are for spot trading. If you want to try it on futures, I can advise entering strictly from 0.236 on the Fibonacci (at $1.40) and placing a stop loss at $1.33, which gives us a risk-to-reward ratio of 3:1 - a very good setup. Leverage should not exceed x5. Please note that this is not financial advice, and all trading activities are done at your own risk.
Long
by neverovv
TWTUSD: Hit our 1.6500 target but now correction is expected.The Trust Wallet Token hit our 1.65000 target (chart at the bottom) much quicker than we anticipated and naturally turned extremely overbought on the 1D timeframe (RSI = 92.623, MACD = 0.152, ADX = 53.524). This 1D RSI is the heighest in TWT's history. If that alone isn't a sell signal, the 1D Golden Cross that was completed on Saturday is one. Even though that is generally a bullish signal, all of TWT's Golden Crosses on the 1D timeframe, started corrections that approached at least the 0.382 Fibonacci level (normally broken much lower). Consequently we believe that the short term peak has been formed and expect a technical pullback. We target the minimum fractal decline of just over the 0.382 Fibonacci (TP = 1.35000). See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TWTUSDShort
by InvestingScope
TWT/USDT Secondary trend. Wedge. Pivot Zone. 08 2023Logarithm. Time frame 3 days. 🟡Secondary trend. All this downtrend has formed a descending wedge in the secondary trend, which is conditionally a bullish formation. Important levels breakthrough and consolidation of which depends on the development of the trend is indicated by arrows. Also showed the percentages from the reversal zone, if we go in a bullish direction. This is how this wedge looks like on a linear price chart. 🔴Local trend . It is worth noting that if the resistance at 0.9697 is not broken and there is an impulse by triggering a lot of stop-losses to long under the support at 0.8186, then the triangle may reformat into a double bottom with a flat top, provided that the zone of previous local lows is held. Major trend . Time frame 1 week. TWT/USD Main trend. Huge triangle 10 2022 Also on the chart in the main trend, the fractality of the pamp/dump of the so-called pamp zone can be seen. This is how the main trend now looks on the linear price chart.
Long
by SpartaBTC
27
TWT/USDT What's on the horizon? ? 👀 TWT Today Analysis💎 Paradisers, direct your attention to TWTUSDT! We've observed some captivating movements as it operates within the demand zone, hinting at upcoming possibilities. 💎 A closer examination reveals a descending channel pattern, with TWTUSDT recently approaching the channel's resistance line. This presents two potential outcomes: 💎 A breakout above the channel resistance, propelling a bullish ascent towards the bearish OB. 💎 Alternatively, a bullish trajectory could initiate from the .9689 demand level. 💎 However, tread with caution: if the price dips below the .9689 demand level, we might be looking at a pronounced bearish descent. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
by MyCryptoParadise_Simon
TWTUSD: The 1D MA100 may be what's needed for a 1.6500 rally.TWTUSD has crossed today over both the 1D MA50 and MA100 with force turning overbought technically on the 1D timeframe (RSI = 72.444, MACD = 0.001, ADX = 22.204). It hasn't closed a candle over the 1D MA100 since January 29th 2023, so today's closing may be vital for the long term. Even though the 1D MA200 looms just under the R1 level (0.9885), we believe that closing above the 1D MA100, will be the most crucial step towards a four month uptrend targeting the 0.618 Fibonacci level (TP = 1.65000). If it fails to close above the R1 level, we will take a short term sell, aiming at the 1D MA50 (TP = 0.8350). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TWTUSD
by InvestingScope
2
TWTUSD Trade the break-outs. Bullish reversal may come soon.Trust Wallet Token (TWTUSD) is trading within a Channel Down pattern since December 2022. Yesterday it touched the Support Zone and rebounded, making a Double Bottom structure so far. At the same time it is restrained by the 1D MA50 (blue trend-line) as the short-term Resistance. There is a medium-term Resistance Zone since mid-June within 0.9700 - 0.9915 and it's where the 1D MA200 (orange trend-line) is headed to. We see this range within the Support and Resistance Zones as neutral territory and only willing to trade the break-outs above or below. A 1D candle closing above the 1D MA200 would be bullish, targeting the 0.618 Fibonacci retracement level at 1.3000. A 1D candle closing below the 0.7115 Support would be a bearish break-ou, targeting 0.5350, which would be a -46.26% decline from the top, similar to the previous two within the Channel Down. Notice that a 1D Bullish Cross that is about to be formed, may represent a long-term trend change to bullish. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:TWTUSD
by TradingShot
3
TWT/USD Main trend. Huge triangle (like BTC in 2020)Logarithm. Time frame 3 days. Main trend. Linear, to show the trend and formation by removing the “market noise” (squeezes). Coin in coinmarcetcap: Trust Wallet Token(TWT) A huge symmetrical triangle has formed. Similar to the BTC/USD crypto market brand in 2020 before a super takeout of over -40% (03 2020) and subsequent super price rise of over +518% Was doing the idea of learning/trading on reversal zones at the time by showing this triangle formation (previously posted this triangle 1.5 years before it formed). It simply had to be formed before the market reversed, previously squeezing out all the “smart” and stupid passengers, first of all the first, but very docile ones. Trading by trends and important areas using the example of BTC Super price drop 03 2020 Will this very promise crypto coin from Binance + DOGE + twitter + Ilon Musk position have the same “instant” super price drop by squeeze (whole market under world events) or a smooth working from triangle targets with base over 400%? I can't know, and no one knows. Including those with price influence. You don't need to know that to make money. If there will be a reset of passengers like in March 2020, take your chance, don't be afraid and don't be greedy. The pivot areas are shown in yellow. Maybe a triangle may work out according to the classic TA. The price is now at its resistance. Read my articles about working with a breakdown and pullback after a breakdown and how to limit risks and protect profits. Trading will not be something risky and unpredictable for you. Everything is about what/which you are here and now (experience and knowledge), not guessing the price movement. Limit your risks, stay out of the market early, protect your profits, be prepared not only for your more likely scenario, but also for the less likely one. It's worth noting that the twt/btc price is at specific XXX. I have attached my previous TWT ideas below, take a look. There's a couple to BTC there. Locally, the pivot zone and resistance of this big triangle. The time frame is 1 day. PS . Forget for a long time about margin in large positions. Applies to all cryptocurrencies. You will be happy, calm and profitable, unlike "others".
by SpartaBTC
18