TWTUSDT trade ideas
TWTThe TWT cryptocurrency has taken the upper price zone, and is now moving in a flat. Constantly testing levels 2.30 and 2.50! Now we are at the lower price level, and most likely we will go for a reversal again. I have already said that we can rebound to this price. But still optimistic that we will go beyond the upper limit and begin to grow with renewed vigor!
Trust Wallet Token (TWT) formed Cypher | A good buy opportunityHi dear friends, hope you are well and welcome to the new trade setup of Trust Wallet Token (TWT) with US Dollar pair.
Previously we caught a nice trade of TWT
Now on a 4-hr time frame, TWT has formed a bullish Cypher pattern.
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
TWTOnce again I am convinced that TWT works out technical analysis very well. What to expect next from this coin? Now on the chart, we see that the asset has formed a bullish flag pattern. And it has already bounced off the upper resistance level at 2.50 three times, which at this stage is the main price line. Breaking through which will give prospects for a further growth cycle in the 2.80-3.00 range! And from this price zone, we may be able to see high market volatility. And although there is a possibility of a drawdown to 2.35 or even 2.30, I still think that the market will be inclined to buy!
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TWTUSDT
According to our previous analysis on November 20, we predicted a rising trend to happen and our prediction came true after some days since the date. Therefore, R1 is our resistance area which contains the disability of the price in order to rise. S1 used to be a long-term resistance line and S2 is the support area in which the well support of price is obvious. At the moment, we have the fluctuation of price below R1 area and we predict a rise for it to reach the mentioned area and then by being rejected, we will wait for some falling sings and subsequently a decline would take place down to lower amounts such as S1. If the price is able to mover over R1 and fixes itself there, more rise is waiting for it. Let's wait and see what happens in the future and wait for our updates.
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: Bullish Pennant Breakout!Trade setup : After massive gains (>100%), price briefly consolidated in a Bullish Pennant pattern. Now price appears to have broken above the Pennant resistance (bullish) line to resume uptrend with upside to $2.75 resistance zone.
Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.80, then $1.25. The nearest Resistance Zone is $2.75.
TWTUSDT (continuation of growth)Hello traders,
Based on the chart, it looks like we're in triangle, im in pos from 2.15
Entry: market and lower
Targets: 2.5 - 2.8 - 3
after first target reached move ur stop in breakeven!
SL: ~1.75
Risk/Reward: 1 to ~3
Good luck!
Please, feel free to share your point of view, write it in the comments below, thanks!
Will Trust Wallet Token Continue Straight Up To $3.45The really high volume here on this chart reminded me of Band Protocol, the analysis we shared earlier...
Now, Trust Wallet Token (TWTUSDT) hit a low in May 2022 and has been on an uptrend since.
In the past few weeks, we see a strong bull-run taking place, within a bear market.
Q: Can it continue growing and hit $3.47?
A: It depends.
As we can see from the chart above, the Fib. extension resistance 1.618, the Golden Ratio, is set at $2.318.
TWTUSDT hit this level but produced a long upper wick/shadow just two weeks ago.
This is an important level and can decide if this altcoin pair will retrace or continue moving straight up.
If this level can be taken out/conquered, prices moving and closing above it, we can see another impulse which would take prices to $3.45.
But if instead TWT fails to break this level, a correction can easily take place (red arrow).
So far it is looking like the important resistance will be challenged again.
Check the chart for additional information.
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Namaste.
TWTI pay a lot of attention to the TWT cryptocurrency. At the moment, this is my favorite token, which I have high hopes for next year. Despite the huge declines in other altcoins, TWT behaved quite steadily last year and showed good growth in November. Which was the first signal for me to buy this cryptocurrency. Now this asset is moving in a triangular pattern. And it clearly forms a horizontal support line at the price of 1.84! From where he had already rebounded more than once. In the near future, the chart should break through the boundaries of the pattern, after which I expect increased volatility. Given that over the past time the lower level has not been broken, we will see a new growing cycle. Happy trading everyone!
🔥 TWT Triangle Pending Break OutSome time ago I made an analysis on TWT and the Fibonacci reversal we found. In the end, we didn't reach the $2.75 value, but still got a nice 10% move. The low at $1.82 held, so the signal is still valid.
Currently, I'm looking at a different pattern on this asset. Over the course of the last two weeks or so, a clear triangle pattern can be drawn on the chart.
In my view, the most likely break out will be a bullish one. In case of a confirmed break out, I'm looking at the blue lines as potential profit targets.
TWT/USDTTWT/USDT
Formed a flag pattern.
I think it can have another upward movement.
The targets are indicated in the picture.
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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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Trust wallet could rise above 3usdtAfter breaking above the important 1.35 horizontal resistance, TWT accelerated its gains and doubled its value in just a few trading days.
Now the token corrected this move and it's consolidating its gains and a new leg up is very probable.
The structure remains very bullish and dips under 2usdt should be bought.
The target can be 3usdt with 3.5 in extension.
TWT vs BNBAs I said, the TWT cryptocurrency has become the leader of my crypto portfolio. The largest amount has been invested in it. And I think I did it for a reason! According to my expectations, next year we will be able to see a price of at least $20 per coin. But I think that this is far from a chapel. And next year TWT may become the absolute leader in terms of volatility. I have done an analogy between TWT and BNB more than once! And if two graphs are equal, then lately we can see a similar trend in the movement of these cryptocurrencies. But if we go back to the time when BNB just appeared on the crypto exchange and what movement algorithm we saw after, then the conclusions regarding TWT suggest themselves. Moreover, the very essence of these cryptocurrencies is almost identical. Therefore, I think that buying TWT will increase your capital at times.