Using $TWT as example for moving avgsMoving Averages
Learn what fits YOUR trading style
Prefer short (& EXPONENTIAL) but have systems with medium & long to get different view
$TWT showed BULLISH moving avg CROSSOVER
Then traded ABOVE the avg's
SAME chart DIFFERENT #'s
10 & 20 vs 10 & 80
Just copy paste
Also had weekly view to help
TWTUSD
TWT Trust Wallet - The pump is over, buy at these levels!
TWT is a great token, but it looks like the price is too high at this moment, which is why I recommend buying the dip at lower levels!
As you can see, the chart is printing a descending triangle at the top of the uptrend. This is definitely not a good sign at all. Descending triangles have a higher probability of breaking down.
I made a descending parallel channel projection on the LOG scale, which can be very useful in the future. Usually, triangles turn into channels.
The impulse wave has been completed, and we are looking for a retracement. I will give you the two most important levels where you can place buy orders.
1.46 USDT and 1.22 USDT are great levels to buy TWT. If you missed the pump, it's not a problem at all. I will trade this altcoin once it reaches my levels for short-term gains!
The first level on the log scale is the 0.618 FIB, which is, of course, a very strong support. We should see a lot of buyers at this particular level.
The second level is based on price action. We have an unfilled gap from the previous uptrend that can be filled in the short term. On a higher time frame, it is also a breakout level of the previous market structure.
The platform was acquired by Binance in July 2018. So there is a huge expectation for the Trust Wallet token. Binance is currently the most reliable crypto exchange in the world.
A 26–40% correction is possible. I will take this opportunity once the price reaches my targets.
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TWT - Wait for the breakout!Here's a quick look at the TWT 4 hr chart. As we can see, the price has been forming a bigger symmetrical triangle, and we may see a breakout soon.
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The idea is: Buy when the price breaks above the triangle and take profits at the levels shown in the chart.
Targets:
1. 2.34$
2. 2.47$
3. 2.6$
4. 2.95$
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What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
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TWTUSDT - Buy Setup!!TWTUSDT (1D Chart) Technical analysis
TWTUSDT (1D Chart) Currently trading at $2.22
Buy level: Above $2.22
Stop loss: Below $1.83
TP1:$2.45
TP2: $2.73
TP3: $3.3
TP4: $4
Max Leverage 1x/Spot Market
Always keep Stop loss
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TWTUSDT - It went up 111% in 2 days.Against the background of the collapse of the exchange FTX, the value of the virtual currency Trust Wallet Token rose by 111%. Quotes of this instrument rose to $2.34 per coin. A growing number of users have found trust in TWT to securely store their virtual assets. Within 24 hours the volume of trades with this instrument grew by 251%.
After breaking through the resistance level of 1.6, impulse movement is expected to form a support level in the price range of 1.6 - 1.8. In this range, we can expect a buyer test and continuation of growth.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your
your loved ones.
Translated with www.DeepL.com (free version)
Important resistance!TWT is up more than 45% in the last 24 hours. Important resistance is considered in this currency's range of 1.32 to 1.52 dollars; this range's complete breaking requires the weekly candle's stabilization above this level. We can also see a new ATH registered for this currency at $1.8. After several months of market declines, this currency is one of the few currencies that has reached its previous highs. Therefore, if the market takes favorable conditions, there will be the potential for further price growth up to the channel ceiling is $3.80. The following long-term target can also be considered in the $7.2.
Trust Wallet TWT - Very durable altcoin, when pump?
TWT is an extremely durable altcoin. During the bear market in 2021-2022 this coin held its value very well.
The platform was acquired by Binance in July 2018. So there is a huge expectation for the Trust Wallet platform.
The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance.
This altcoin can basically pump anytime soon, but we can also go sideways for another few months. I believe the value of this coin will increase.
The price is making higher lows. The structure is very bullish on the weekly chart. We have an ascending parallel channel with a symmetrical triangle inside.
The local uptrend started with a beautiful impulse wave, which is an amazing sign for the bulls. But, we don't know yet when the correction ends.
From my perspective, this altcoin provides a very low risk and pretty good reward, so it's worth it.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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Trust Wallet TWTUSDT - The most bullish altcoin + Triangle!- TWT is currently one of the most bullish altcoin on the market as you can see on the weekly chart.
- We have an ascending triangle - very bullish pattern and you can buy now or buy a breakout above the neckline.
- The platform was acquired by Binance in July 2018.
- The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance.
- Profit target is around 10 USD (1.618 FIB extension from Wave (1) -> (2)).
- If we check the volume indicator, we can see there is absolutely no bearish pressure, which is good to see!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
LONG TERM PROJECT WITH A LOT OF UPSIDE POTENTIAL!THIS PROJECT BOUGHT BY BINANCE IN 2018! So this is the wallet of Binance.
Long term investments in Binance projects are logical since Binance is the biggest exchange of crypto by far.
If there will be cryptocurrencies in the future there will be Binance!
For the short term,
Because of the FED and the bear market we are in right now, every asset is losing value which is normal.
Right now we are at important support level of 0.94.
If we cant hold it we can test the 0.85 area.
If we can hold it between 0,94 and 1 usd area is possible price zone.
For the long term important support zones,
0.94
0.85
0.69
0.46
0.26 - which is an insane buy zone for this asset!
For the long term important resistance zones,
1.01
1.08
1.21
1.53 - ath
NEW ATH IS NEAR CERTAIN IN THE NEXT BULL RUN FOR THIS PROJECT!
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TWTUSDT patience is a key TWTUSDT looks bearish
So far TWT corrected only 59 % from its ATH. We know that often times altcoins have to correct 75 - 90 % before they start new uptrend. We expect TWT to continue the price correction.
Buy orders in the yellow box. 80 % correction from all time high would make sense.
Low volume = no interest in the coin
Stoch RSI has a lot of room to go down.
Patience is a key. It may take a few months for a price to drop into our buy zone.
No financial advice