🔥✅ HUGE UPDATE ON TWT AND POSITIVE FORECAST FROM CZ🔥 Hi friends! HUGE UPDATE ON TWT. Trust Wallet added cross-chain swaps. Now coins from different blockchains can be exchanged within the wallet directly.
📊 WHAT IS A TRUST WALLET AND ITS LONG-TERM OPPORTUNITIES?
Trust wallet is a non-custodial wallet which is 4-year partner of Binance. As you already understood, all altcoins related to this crypto exchange are "guaranteed" to grow.
🔻 TWT started to grow after the FTX collapse. A lot of traders start to transfer money to non-custodial wallets such as Trust Wallet, MetaMask, SafePal.
✅ CEO of Binance said that TrustWallet is the most downloadable wallet in the world. We can easily monetize it by adding a small fee for transactions within the wallet.
It is a good fundamental precondition to grow because Binance continues to invest in TWT. Maybe, it become the MAIN product of the Binance team in 2-3 years.
📊 TECHNICAL ANALYSIS
Now the price break the huge triangle and make +150%. Now I expect the pullback. The main precondition to pullback are the huge volumes at highs. There are always a pullback after such growth.
✅ THE BEST PLACE TO LONG TWT:
🔥 $1.23 - important key level and order flow
🔥 $1.65 - local high and the key level
🚩 You will be lucky to buy TWT at such levels. These 2 key levels is HUGE support, because we use the higher timeframe (1W) to analyse the chart.
If the price doesn't return to the key level, I will make the updates with local scenario and the best place to open a trade on lower timeframes.
🔥 MY TARGETS FOR TWT:
1. $2.7 - the local high and resistance
2. $8-9 - the mid-term(!) target according to global triangle height
Traders, is this idea useful for you? Write your thought about TWT in the comment! Does it have a chance to reach $10 in a 1 year?
💻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
🔥IS IT TIME TO SELL ALL YOUR DOTS❓ WATCH THIS PLAN❗🔥 Hi friends! Polkadot is feeling weak that is why I make for you 2 trading plans even with a short trade.
📊 THE SHORT TRADING PLAN FOR DOT:
1. return to the mirror level $5
2. possible false breakout of the local highs
3. bearish BTC
✅ THE TARGETS FOR SHORT:
🔥 $4.5 - key level and even number
🔥 $4 - the key level and even number
🔥 $3.6 -3.7 - the key level
🚩 If there will be no pullbacks down with the liquidity collections at $4.5, the price has a more chance to fall after the growth to the $5 mirror level.
✅ If DOT will make a false breakout at $4.5, so the bulls have more fuel and possibility to hold the price above the $5 level and push the price to our targets:
🔥 $5 - the mirror level and strong resistance
🔥 $5.2-5.35 - the point of control and resistance
🔥 $5.73 - the key level
🚩 Bullish BTC is a must-have in case of long.
Traders, let me know your thoughts on DOT. What scenario is more probable for this altcoin? Write 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.
ETHEREUM 1D Important SupportIn the previous analysis, we mentioned the failure of the upward trend, which has led to the formation of a descending channel. If you maintain a support range, we expect the price to rise to the channel ceiling, otherwise the process will continue to $ 1,000 and $ 800.
Its not Buy or Sell SIGNAL
DYOR
BY : M.TeriZ - @AtonicShark
TWT: Pullback in UptrendTrust Wallet Token (TWT) Analysis:
Trade setup : Pullback in Uptrend opportunity. Price was 2x rejected at $2.75, forming a bearish Double Top pattern, and pulled back to near $1.25 support. It is getting oversold (RSI ~ 30) as well and could see a bounce up near-term.
Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis.
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $1.80, which it broke, then $1.25. The nearest Resistance Zone is $2.75.
TWT. Greed is a Matter of Life and Death.The inexplicable behavior TWT price is baffling. In fact, you do not get anything by holding this token in your wallet, only some fees discounts on DEX in TrustWallet, but this cannot be a reason to have a capitalization of almost $1B. There is a wild shilling hidden among telegram channels and promises that CZ will deliver TWT price to the moon. Well, when you shape your narrative around one person, what do you think will happen when they exit the game? The answer is obvious if you are over 20 years old.
TWT: Approaching ResistanceTrust Wallet Token (TWT) technical analysis:
Trade setup : Price broke out of Pennant (bullish) and reached $2.75 resistance. Now wait for price to break above $2.75 resistance to resume Uptrend. (set a price alert).
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 Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $1.80, then $1.25. The nearest Resistance Zone is $2.75.
TWT : LONG-TERM PRICE PREDICTION DEPENDING ON A VIEW INDICATORA view indicator shows that this coin is able to go higher targets. this will stay an expecting as we can't see the future.
The indicator did test before also on AXS and other increased coins.
Into this prediction for 2022/2023 a price target of 11 USD.
Conducting research on Trust Wallet Coin (TWT) and considering its potential performance in the long term is a smart move. By keeping an eye on the market and staying up-to-date on changes and updates, you may be able to identify opportunities for TWT to show strong price action. However, it is important to remember that any price prediction is just an estimation and not a guarantee of future performance. It is always advisable to invest responsibly and within one's means. It can also be beneficial to regularly monitor the market and stay up-to-date on the latest developments in the industry.
This is not trading advice, as it's only a price expected for 2022/2023
Trade and invest only depending on your study.
# for day traders it's much better to follow the price day by day.
The reason for this update is also that this coin has a chance to become a hype coin since its just some important trends.
Also on side of whales there is an invest auto DCA trend.
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
Using $TWT as example for moving avgsMoving Averages
Learn what fits YOUR trading style
Prefer short (& EXPONENTIAL) but have systems with medium & long to get different view
$TWT showed BULLISH moving avg CROSSOVER
Then traded ABOVE the avg's
SAME chart DIFFERENT #'s
10 & 20 vs 10 & 80
Just copy paste
Also had weekly view to help
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.
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 $3.45.
But if instead TWT fails to break this level, a correction can easily take place (red arrow).
So far it is looking like the important resistance will be challenged again.
Check the chart for additional information.
Visit my profile for more trades.
Hit Boost, Comment & Follow.
Thanks a lot for your support.
Namaste.
TWT - Wait for the breakout!Here's a quick look at the TWT 4 hr chart. As we can see, the price has been forming a bigger symmetrical triangle, and we may see a breakout soon.
-------------------------------------------
The idea is: Buy when the price breaks above the triangle and take profits at the levels shown in the chart.
Targets:
1. 2.34$
2. 2.47$
3. 2.6$
4. 2.95$
-------------------------------------------
What are triangles when it comes to trading?
Key points:
"1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape.
2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure.
3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles."
-------------------------------------------
If you like the content, then make sure to comment and like the post :D
Follow me for daily profitable trading setups
BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
TWT Token - Bull Flag - 90% profit expectedTWT token has formed a bullish flag pattern, which can give us another 90% profit on the next move.
TWT is the token that represents the Trust Wallet, it is one of the few tokens that is rising in this bear market.
Entry: 2.28
Initial target: 4.37 (91.76%)
Initial stop: 1.82 (19.92%)
Volume: 4%
TWTUSDT - Buy Setup!!TWTUSDT (1D Chart) Technical analysis
TWTUSDT (1D Chart) Currently trading at $2.22
Buy level: Above $2.22
Stop loss: Below $1.83
TP1:$2.45
TP2: $2.73
TP3: $3.3
TP4: $4
Max Leverage 1x/Spot Market
Always keep Stop loss
Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts