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
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.
TWTUSD: Logscale Bullish Deep Gartley PCZ at Channel Demand LineTWT is currently trading at the PCZ of a Logscale Bullish Deep Gartley which also happens to align with the Demand Line of the Equidistant Channel while showing MACD Hidden Bullish Divergence. I think we could see it push up to the Heartline of the Channel from here but if it gets really crazy maybe it will even push all the way up towards the top of the channel.
✳️ Trust Wallet Token Trade Setup (111%+ Potential)This chart looks pretty good for a trade signal, let me explain!
TWTBTC Bullish Signal
✔️3 months dropping still within a long-term higher low.
✔️10-Mar. closed as a bullish hammer.
✔️Bullish divergence on the RSI and MACD.
✔️Strong green candle today, moving above EMA10.
✔️Daily buy volume above average.
If one were to trade this set up, the risk can be limited to 10/15%.
The potential can go to 100%+.
This is great risk/reward ratio.
Namaste.
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.
TWT - Oversold- Small BounceThe chart shows that the Trust Wallet Token(TWT) is in an oversold condition.
The indicators used for identifying the oversold condition are the Bollinger Bands, the Relative Strength Index, and the Stochastics. They are all indicating that the condition is oversold and it is likely for a small bounce to the upside before continuing to the downside.
All furter details are shown on the chart.
Goodluck!
🔥🚀BINANCE FUD COME TO AN END? TRADING PLAN FOR BNB🚩🔥 Hi friends! At the weekends CZ tried to calm everyone down and it seems that it has succeeded so far.
📊 CEO Binance named 4 main reasons for FUD:
1) the audit firm Mazars, which strangely stopped cooperating with crypto companies after the FUD started
2) statements that Binance is insolvent
3) Binance's position in FTT tokens for $2.1 billion
4) unsubstantiated BUSD stablecoin
Then he posted an analysis of Binance's Cryptoquant reserves claiming that Binance's reserves cover liabilities.
He also said that the maximum greed is always observed at the top, and the maximum FUD is always observed at the bottom and said that any FUD is temporary.
✅ After his tweets, the price of BNB bounced from $220 to $250 by +13%.
🚩 Friends, now many say that Bitcoin is dead, the cryptocurrency will fall to 0, etc. But considering what a fight for the market started after the FTX crash, this is not the end but the beginning of the cryptocurrency market as an industry.
📊SHORT TRADING PLAN FOR BNB:
1. pullback to the lower boundary of the channel
2. false breakout of the local highs
3. bearish BTC
✅ THE TARGET FOR SHORT IS THE LOCAL LOW AT $220 AND THE GLOBAL LOW AT $180.
🚩 Although the end of the FUD altcoins follows BTC and it has a downtrend now. We may see another strong drop after a local rebound.
✅ The main thing is a channel where BNB consolidates for the 4 months. If bulls will have enough power to keep the price inside, we can enter a long trade with these targets:
🔥 $295-300 - the mid of the channel and even number
🔥 $337 - the top of the channel
🔥 $360 - the local high, important key level
Traders, let me know in the comments, what plan is more probable for you. Are u hold money on exchanges or have you already withdrawn crypto to the cold wallets?
💻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.
TWT can be bullishHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the TWT symbol.
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
🔥CARDANO MAKE ANOTHE PULLBACKE AND...DUMP THEN❓🔥 Hi friends! CARDANO is the weakest altcoin I have seen in the last weeks. It makes some pullbacks but we can't even mention some break of trend or consolidation.
I think that after the upcoming pullback to the $0.27 key level or to the $0.284-0.287 value area, Cardano can dump at least to the $0.25 key level.
📊 THE PRECONDITIONS TO OPEN A SHORT:
1. false breakout of the $0.27 key level
2. volume growth at highs
3. bearish BTC is a must-have for altcoins dump
🚩 If the price won't make a pullback and go straight to break the resistances with BTC, I already marked the most important areas where you have a chance to close your longs in a good profit.
✅ THE SHORT TARGETS:
🔥$0.25 - key level and local low
🔥$0.2 - key level and even number
🔥$0.182 - key level
Traders, is Cardano have a chance to survive in a such doomed bear market? Write your thoughts in the comments!
💻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.
TWT/USDT Analysis Technical in Daily 💎Hi🎋
As you can see, TWT digital currency is in a long-term ascending channel. Recently, after the price hit the ceiling of the channel (at the level of $2.8), TWT experienced strong selling pressure and reacted to the support area of $1.2.
Due to the existence of a price gap (FVG), the price is expected to grow up to the resistance range of $1.8 and even a little higher, and then the price will be corrected again.
If TrustVolt cryptocurrency breaks the bottom of the channel downwards, the price is expected to react to the $1 support area.
Arztoday Team 💙
Analyzer ✍: AR.Rashidi
TWTUSDT 4HOn the 4 hour chart TWT has clearly bottomed at 1.2457. This asset does not usually stay below the MM200 for a long time and will soon seek its return above it, which is now at 2.1250.
A wedge has formed and we expect to break to the upside as TWT has great fundamentals. If it breaks out to the downside, it will likely go for bottom at 1.2758.
Normal movement, normal volatility, following BTC and traditional markets.
TWT is a governance token, which will be used by anyone who wants to participate in decision-making to add new support features, tokens and blockchain products. Also used to charge fees for submissions to the Trust Wallet repository.
Here are the supports and resistances:
S: 1.4718 / 1.2758
R: 1.5774 / 1.6778 / 2.1250