TWT | Falling Wedge Formation..!!
#TWT (Update)
Falling Wedge Formation in Daily timeframe Chart.
Looks like READY for Breakout so Keep under the RADAR..
📍 Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..
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Twt
TWT 200-1800% growth potential ??? A16Z participated in the $109M Phantom Wallet Investment Round, with a total valuation of $1.2B
Trust wallet downloaded ~ 15 million users this year, cap $ 190 million
Metamask downloaded ~ 18 million in a year, estimated at $ 10 billion
Adored by many SafePal ~900k downloads
$TWT
Exactly, he has no utility!
(votes, discounts on the purchase of cryptocurrencies, payment for listing a token, future discounts on DEX ...)
UPD: I remind you that initially BNB had 1 utility - a discount on DEX.
And Trust is under Binance and CZ
The wallet trend is closer… HODL
My targets 3-5-10$
TWTUSDT patience is a key TWTUSDT looks bearish
So far TWT corrected only 59 % from its ATH. We know that often times altcoins have to correct 75 - 90 % before they start new uptrend. We expect TWT to continue the price correction.
Buy orders in the yellow box. 80 % correction from all time high would make sense.
Low volume = no interest in the coin
Stoch RSI has a lot of room to go down.
Patience is a key. It may take a few months for a price to drop into our buy zone.
No financial advice
TWTBUSDNot a financial advice.
You could wait for a retest of the accumulation zone or if breaks out of this distribution zone and retest.
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
We are in the 4-hour time frame and as you can see the price is moving inside a bearish channel and the price has been able to touch our resistance line but has not been able to stabilize above it. If it can stabilize above the first resistance, our second resistance can be the place to sell. If it can stabilize above the secnd resistance, after a pullback we can get into the trade. If it can not stabilize above the resistance, we expect it to fall down to the suport line.
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
TWTUSDTTWT is in a sensitive triangle. If the trend line D1 breaks upwards, the bear force will be reduced to some extent. Otherwise, with the failure of S1 support, S2 support, which intersects with the 1/8 ganfan line, is a good support and finally, the S3, which intersects with the Major trendline, is a strong support.
If you want to buy T, you have to buy it with the accumulation technique in several steps. In case of breaking D1 upwards, one step and after ensuring the upward trend can buy the next steps, otherwise, in two support S2 and S3 can be entered in two stages.
what I think about TWTA new token that is dependent on the Trust wallet and definitely has much better technical support than its peers.
This token is currently in the 268th position of Coin Market Cap, while similar tokens, ie tokens related to exchangers or lending platforms or valid wallets, are in the position below 100.
TWT – distribution phase!Hello, everyone!
Last time we considered the Bitcoin price analysis and assumed that we will see the price growth soon. According to this I found very interesting pattern for TWT.
TWT price now is forming the classical distribution phase. We saw all Wyckoff events on the chart. Now it is important to decide, if the price is going to form UTAD phase – the massive growth above the ATH before the downward movement, or not? I have 2 evidences that it is going to happen. The first one is our Bitcoin price analysis, if we assume the last altseason in this bull run, TWT price can easily reach the $1.80 before the correction.
The second one evidence is the divergence between the Money Flow Index modified for the blockchain assets, which shows the whales purchases. We can see that despite the price is falling, MFI demonstrates higher lows.
I don’t want to tell you that you should buy TWT right now, I just think that we should take profit from this coin with the further price increase to earn more money. This is actual for you if you bought TWT in the green zone on the MFI, when the institutional investors did it. You can also try the short term trade but you need to define the proper stop loss level according to price target $1.6 – $1.8. Investing in this crypto now is too risky because of bad risk to reward, it is obvious that whales are selling to you TWT on this distribution.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
TWT USDT LONGLooks like we are in a triangle that will take time to breakout and reach the first target area
if volumes are high on TWT, we will see a very good first target above $1.3 to $2.1.
Stop loss in red
buy zone : the lower line of the triangle
3 scenarios that may happen :
1. breakout with high volume and close 1D above the triangle (positive) , Good entry for scalping
OR
2. Break down the triangle and close 1D below (Negative)
OR
3. remains in the triangle for a while, until breakout comes (likely to happen) .. requires more time..
Good Project & Good Team.. think for future .. it will be good.
( NOT a financial Advice)
Good Luck
TWT / USDT Daily chartHad to come back and do another analysis on TWT / USDT, this time on the daily time frame.
Big Symmetrical triangle pattern.
I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.25$
TG2 - 1.30$
TG3 - $1.36$
TG4 - 1.42$
TG5 - 1.51$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Trust Wallet Token:
"Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum , Binance and TRON blockchains.
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."
Source: Coinmarketcap
TWT / USDT 1H - Descending TriangleHere is how I would trade TWT / USDT 1H Chart. Descending Triangle formation with potential gains of approx 10%.
I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.206$
TG2 - 1.228$
TG3 - 1.249$
TG4 - 1.27$
TG5 - 1.297$
-----------
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
-----------
About Trust Wallet Token:
"Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.
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."
Source: Coinmarketcap
TWT (Trust Wallet Token) is about to explodeTWTUSDT is forming a huge triangle with exit target around 2.35 usdt. TWT is a fundamental project that fully owned by Binance with 10m users on board, top in AppStore and 1m twitter followers.
Its competitor MetaMask was estimated at 6.5 billion. Now TWT is 0.4 billion cap. If TWT going to cost a half of MetaMask the price would be around 10 usdt per 1 TWT.