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TWTUSDT trade ideas

TWT analysis; (TWT/USDT Update)📈📉HEY, what's up guys ?! Since 02 Nov 2021, when Lastly I updated Trust wallet coin , it has fluctuating in big triangle pattern . it wasn't able to continue any uptrend as I expected ! but today as you see on the daily timeframe again for TWT/USDT , It was able to take over the lower support zone again , a little has jumped recently , now it's trading above 21EMA and can, rise more and test the resistance zone and descending trendline of triangle again , so in this case if be able to break it out ,it can reaches the higher targets , but otherwise it will more likely be rejected again at higher key zone , and will retest the lower support and vwap line again because it has been flat till now , and in the worst case , if it loses major support zone and the lower trendline ,it can even decline on the lower support level . ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader
1
TWT Multi-Year Triangle Pattern Calls for $1.4 TargetSince its inception, Trust Wallet Token (TWT) entered into a long period of consolidation, developing a symmetrical triangle formation. The multi-year symmetrical triangle pattern now calls for a retest of the upper resistance level around the $1.4 level. Symmetrical Triangle Pattern This multi-year pattern has the potential to continue driving the price action in the coming months unless we get a clear breakout on either side of the symmetrical triangle. First, TWT's price made a base near the $0.30 level, which was followed by a powerful uptrend topping out at $1.65. A subsequent sell-off pushed TWT's price down to around the $0.45 level, generating another base from where we rallied again, but failed to reach the previous high. TWT topped again at $1.40 and sold off to $0.55 to form another base. In the short-term, we have left the base, and if the same pattern repeats again then the current rally could fall below the March 2022 high of $1.40. A weekly break and close above the $1.00 psychological level has the potential to cement the bullish case scenario. RSI Oscillator The weekly RSI has also broken above the 50 mid-level; the last two times this signal occurred, we had two powerful rallies. The bulls have the upper hand as long as the weekly RSI continues to print positive momentum readings.
Long
by cryptohopper
$TWT looks good. A general bullish market will do it big good.I'm just going to use bullet points for pros and cons. Pros: * $TWT has basically been in a range for all of it existence. * Price has been printing higher highs even within that range. * One of the very few coins that has recovered the most from the dump. * Price is approaching 3rd touch of the horizontal resistance. * Target after the breakout is at least 200% and might be reached easily if the general market pumps. Cons: * Volume. I don't see convincing volume as price is approaching the breakout.
Long
by kingcoinman
Trust Wallet TWTUSDT - The most bullish altcoin + Triangle!- TWT is currently one of the most bullish altcoin on the market as you can see on the weekly chart. - We have an ascending triangle - very bullish pattern and you can buy now or buy a breakout above the neckline. - The platform was acquired by Binance in July 2018. - The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance. - Profit target is around 10 USD (1.618 FIB extension from Wave (1) -> (2)). - If we check the volume indicator, we can see there is absolutely no bearish pressure, which is good to see! - Look at my ideas about another interesting altcoins in the related section down below ↓ - For more ideas please hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
3
TWTUSDT Elliott Waves (Global Vision)Hello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Like for me would be logical to see some decline in zone 0.55-0.6$, and then will start new cycle of growth with minimal target about 3$. Risk/Reward: 1 to 12 Stop: ~0.38 Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
1
TRUST-USDTCoin of the Trust hot wallet, quite handy, with the possibility, recovery on a seed phrase, and support for many coins. Coin repeating the price movements of bitcoin, stands in a rectangular consolidation. Nearest support 0.55-0.5, nearest resistance 0.7-0.88. When bitcoin comes out of the sidewall, this coin can also be used for extra profits. If you liked this article, please like it and subscribe to it, so as not to miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
🔥TWT: wait for the next bull trap to open a trade!Volumes have not increased since the bull trap. This means that the bulls have not yet liquidated and the price can go lower. When the price falls to the trend line, the volume also did not increase, which shows the lack of interest from the buyer and additional bad signal. 📊Which scenario is more likely? A slight rise in price to the second value zone of $0.65-0.67 and a second bull trap, this time with increased volumes, which will show a large number of trades in this zone. This will give additional confirmation that the price is not going to move higher: short traders sell their TWT to long traders and the price goes down, while long traders become fuel for the fall, selling the altcoin lower and lower. 📊Targets: 1. $0.55 - key level. 2. $0.45 - key level below which a lot of liquidity for big players to open their long trades. This is the area of massive liquidation and retail traders capitulation zone. 💻Friends, press the "like"👍 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.
by Yuriy_Bishko
3
TWT OFFICIAL WALLET OF BINANCETwt is the official wallet of Binance. When you login Binance global you can read TWT as Binance's official wallet! This means this token is really important for crypto space! If crypto investment will continue in the future this token will have a very bright future! Binance is the biggest exchange by far, volume in Binance is around %80 of total crypto market! Therefore if Bİnance is supporting some token or its official Binance token it will definitly go up a lot! Between 0.45-0.5 cent is a strong support and long term buy zone for this coin. Right now price is around 0.69 area and if it break above it can go 0.85 area pretty quickly. Important support zones 0.5 0.45 0.3 0.25 Important resistance zones 0.7 0.85 0.95 1 Follow for more ideas and long term insight of the market!
by thegreatwall38
TWT.Blood and tears. How to invest in a bear market?TWT. The token of the Trust Wallet cryptocurrency wallet. The project was bought by the Binance exchange. My Investment plan. 1. 3% of the deposit for the purchase in 1 block. Price range (0.72-0.82). At the time of publication, I buy from current to 0.76 2. 3% of the deposit for buying in block 2. Price range 0.56-0.47. plan to sell 1.1.45-1.6. I will sell 50% of the coins according to these values. We take our money + profit 30% of the profit. 2. I leave the sale of 40% in the region of $ 1.9-2. We collect the cream. 3.10% on space during the next alt season This recommendation is for the period 2023-2024.
Long
by BIT_RAF
2