Bullish Reversal Setup on Weekly ChartTrust Wallet Token (TWT) has consistently bounced off the 55-period EMA on the weekly chart and is currently trading near this level. The recent bullish crossover of the TTM Squeeze indicator and the increasing buying pressure suggest a potential trend reversal to the upside. If the price can break above the resistance level, we could see a strong move higher in the coming weeks. Keep an eye on this setup as TWT may offer a profitable trading opportunity in the near future. As always, make sure to use proper risk management techniques and adjust your position sizes accordingly.
TWTUSDT
Trust Wallet Token (TWT) forming Cypher for upto 18.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Trust Wallet Token (TWT) with US Dollar pair.
Our last successful trade of TWT was as below:
Now on a 4-hr time frame, TWT is about to form a bullish Cypher for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
TWT: Falling WedgeTrade setup : Price got rejected at $1.80 resistance and is consolidating in a Falling Wedge pattern and it appears on the verge of breakout. This pattern usually results in a bullish breakout. If price breaks the upper trend line (ideally above $1.25 resistance), the price could revisit $1.80.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $1.00. The nearest Resistance Zone is $1.25 (previous support), then $1.80, and $2.75.
TWTUSDT looks worse than the marketThe market was divided into two camps. Half of the coins are growing locally and breaking trend shortlines. The other half is still in a downtrend. TWTUSDT belongs to the second group and the local growth of the market does not particularly help the price to go up, the price is pressed by the trend line from above. Therefore, the idea of a short coin with a target of 1.0350. Stop at 1.1924.
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TWTUSDT
According to our last analysis on March 5, we predicted a falling trend to happen for the price and here we have the precise prediction of our team. R2 and R1 on the top of this chart are our resistance areas that include the disability of the price to rise. S1 used to be a resistance area. And we have S2 which is our support area containing the support of price at various points. At the moment, we see the price was rejected at R1 and it is fluctuating in a kind of neutral trend below the mentioned area. We believe there is a rise for it to touch R1 and then two scenarios are available there. Through providing us some rising signs and a fixation above this area, more increase will take place toward R2. But by the time the price lose the support and is rejected at any points especially at R1, it faces a decline down to our support areas. Bear in mind that by the time the price moves toward our support areas, these would be suitable points for putting your trade orders and then wait for your next action. We recommend you to active your stop-loss for experiencing more logical trades due to the unstable situation of the market. If you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TWTUSDT
R3, on the top, used to be a support area. R1 and R2 in this chart are our resistance areas and include the disability of the price to rise. And we have S1 which is a long-term support area at the bottom of the chart with its well support of price at different points. Presently, we see the price is on a rising trend when it was supported at S1 and this rise would continue up to R1; which shows its fluctuation below this point. We believe it would have more rise through providing us some rising signs and more increase will take place toward R2. If the price is rejected at any points, it faces a decline down to our support area. But in case the price is able to fix itself over R2, then more rise would be there for it and R2 would be a suitable point for saving profits. Keep in mind that by the time the price is not supported and falls below S1 area, more fall will happen to it; which is not possible now. The point is that if you are looking for wise trades and less risky ones, our suggestion will be following our regular updates all the time.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TWT: UPDATE Currently, the market appears to be experiencing a decline, with many coins following the trend set by BTC. TWT has not yet received confirmation, but if it manages to rise above $1.46 in the next hours, it could potentially signal an upward trend that could be worth keeping an eye on. We will continue to monitor the situation to see if TWT is able to confirm this potential uptrend.
The first focus on this would be a 10% increase, from there we could see if this coin is able to confirm uptrends.
If this coin breakdown below $1.24 would be not more interesting for the low time frame.
Have good trades all.
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TWTUSDT
Here we have R2 as the resistance area that expresses the price was not able to rise at different points. R1 used to be a support area. And at the bottom of the chart, S1 is our long-term support line which includes the well support of price since the past at several points. Presently, we have the price fluctuating below R1 and we expect it to continue its decline to touch S1. Then by having some rising signs an increase would be there for the price up toward R1 or above that. Also, if the price loses the support at R1 or at its current point, a decline will be there for it to reach lower amounts such as S1 or even more. The point is to wait for some confirmation candles in order to make sure what will happen next and act precisely.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck