TWTUSDT trade ideas
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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TWTusdt 3D bullish again? With a strong bullish movement, it was able to break the ceiling of the channel with strength, and if it has a successful pullback, it can continue its upward trend again. If the important range that I specified in the chart breaks, a falling trend will be formed.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
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.
🔥 TWT Hidden Gem Keeps Performing: UpdateSome time ago I made an analysis on TWT and the fact that it was outperforming the general market by quite a margin. The pennant pattern that I discussed in my last analysis has finally been broken. First target of $1.5 has been hit as well.
For now, I think that the fact that TWT is performing while the rest is down will most likely lead to more investors noticing TWT and investing in it. This will carry TWT to my second target of $2.
After reaching $2, I think we will likely see some more profit taking. So be cautious around that area. In case of a bearish move, I'm looking at the area between $1.5 and $1.25 for a potential re-entry.
Till then, enjoy the ride.
Where to buy TWT 1D0.70-0.90 are good zones to buy near the support and uptrend line. This could happen If BTC drops rapidly to 10-15k or later by itself and correction. You can place lots of limit orders on TWT like (0.60,0.70,0.80). Definetely if volatility comes it can squeeze the price of 0.60, would recommend to left some money to place these orders over there.
TWT in my opinion is still strong for long term investations.
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TWTUSDT
As you observe, we have R2 and R1 as our resistance areas that express the price was not able to rise at some points. S2 used to be a long-term resistance line and S1 is a support line in our chart. At the present, we have the price fluctuating in R1 area and we predict it will provide us two scenarios after facing a little fall to reach S1. Either it would give us some rising signs and we expect an increase for it up to R2. Or it is probable that the price is not supported at S1 and starts a decline down to S2 or even more lower amounts. Let's wait for our future updates in order to make sure what will happen exactly.
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
🔥 Trust Wallet Token: What Bear Market? Hidden Gem?In this analysis I want to shed some light on a token that I rarely see analyzed and or talked about, TWT.
What is Trust Wallet Token? Coinmarketcap:
"Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app."
With more and more people dipping their toes into crypto, it would be a logical assumption that this would led to an increase in the usage of the most popular wallet, and therefore it's connected token.
Going into the analysis, there's no bear market in sight for TWT. The token has been trading sideways for almost two years now. However, its movements are becoming more tight. So, a break out will be coming soon in either direction.
Bullish targets in blue. $2 seems far away, but seeing this token has a marketcap of not even $0.5B it's not even that far-fetched.
My assumption is that TWT will break bullish. The token is holding up extremely well, trading at just a 30% discount from the ATH, while most other tokens are trading at 90% discounts.
Definitely placing this on my watchlist.
🔥🚀 $5 for TWT: What happen to TWT after triangle breakout?Hi friends! The most promising altcoin for the next bullrun. Trust wallet token (TWT) is a MetaMask wallet competitor. Binance, the largest exchange, and TWT cooperate with each other.
I think that Binance will help TWT to reach the targets that we will talk about in this idea.
🔥 Now the price of TWT consolidating inside the triangle and the range is narrowing. It means that the price can blow up soon. Do you remeber AXS which had the same consolidation before the PUMP? It was the top gainer of 2020-2021 which made 140-150x.
🚩 Additionally, you can see that all the crypto falls but not TWT. Even BTC fall to its bottom but TWT make the HL and can make HH. Strong bullish signal.
📊 My preconditions to open a long:
🔥 show the strength and beat 99% of crypto market. It confirms the pressence of buyer which support the price. It's really good for the upcoming growth.
🔥 squeeze to the upper boundary of the triangle
🔥 another chance to open a long is the test it as the support
🔥 volume growth at the test as the support show that buyers are ready to support the price
🔥 bullish BTC
🚩 Take a look on the chart. I make the second scenario for you. When the price break up the triangle and return to it (false breakout), it's a chance to open a nice short with target of $0.29-0.4.
📊 The 3 long targets for TWT:
1. $1.22 - the closest key level
2. $1.5 - the key level and ATH
3. $4.8-5 - just the technical long-term target if TWT break this triangle up. Also we need BTC will start it's new local bullrun at least.
✅ I think that even $10-15-20 is really possible target for the $400 mln capitalization project.
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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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