TWTUSDTThis is a 1D frame analysis for TWTUSDT As you can see, the price has not been able to stay on our support area which is currently playing a resistance role and is being pressured by strong selling pressure towards the next support line. The price is currently on our support area and we can say that it does not have enough power to rise and the price is falling. However, if this area is lost, we can consider an attractive price for buying this coin at point S2.
TWTUSDT
TWT/USD Main trend. Huge triangle (like BTC in 2020)Logarithm. Time frame 3 days. Main trend. Linear, to show the trend and formation by removing the “market noise” (squeezes).
Coin in coinmarcetcap: Trust Wallet Token(TWT)
A huge symmetrical triangle has formed. Similar to the BTC/USD crypto market brand in 2020 before a super takeout of over -40% (03 2020) and subsequent super price rise of over +518%
Was doing the idea of learning/trading on reversal zones at the time by showing this triangle formation (previously posted this triangle 1.5 years before it formed). It simply had to be formed before the market reversed, previously squeezing out all the “smart” and stupid passengers, first of all the first, but very docile ones.
Trading by trends and important areas using the example of BTC
Super price drop 03 2020
Will this very promise crypto coin from Binance + DOGE + twitter + Ilon Musk position have the same “instant” super price drop by squeeze (whole market under world events) or a smooth working from triangle targets with base over 400%? I can't know, and no one knows. Including those with price influence. You don't need to know that to make money.
If there will be a reset of passengers like in March 2020, take your chance, don't be afraid and don't be greedy. The pivot areas are shown in yellow. Maybe a triangle may work out according to the classic TA. The price is now at its resistance.
Read my articles about working with a breakdown and pullback after a breakdown and how to limit risks and protect profits. Trading will not be something risky and unpredictable for you. Everything is about what/which you are here and now (experience and knowledge), not guessing the price movement.
Limit your risks, stay out of the market early, protect your profits, be prepared not only for your more likely scenario, but also for the less likely one.
It's worth noting that the twt/btc price is at specific XXX. I have attached my previous TWT ideas below, take a look. There's a couple to BTC there.
Locally, the pivot zone and resistance of this big triangle. The time frame is 1 day.
PS .
Forget for a long time about margin in large positions. Applies to all cryptocurrencies. You will be happy, calm and profitable, unlike "others".
TRUST WALLET TOKEN new volume and more gain 🚀Hello 🐋
based on the chart, the price is in the daily parallel channel and break out of the descending channel is completed beside it is close to the round number 📖💡
we
can expect the retest to the descending channel too 💡📖
if
the price doesn't break the support levels to the downside and breaks the round number to the upside, we will see more gain in long term overview 🚀💣
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
TWTUSDT Potential 100%+ Growth in Sight! 🚀💎 In June, #TWTUSDT experienced a precise rejection from the 88.6% Fibonacci support at $0.71. Concurrently, the price rebounded from the downtrend support trendline, resulting in a swift 40% increase. However, for the subsequent month, the price remained relatively stagnant, until yesterday when a strong bullish candle emerged on the daily timeframe.
💎 This significant price action saw #TWT achieve a decisive break and close above the 50 Moving Average, signaling a potential shift in the long-term price direction. As long as the 88.6% Fibonacci support level remains untouched, #TWTUSDT is primed to exhibit over 100% growth in the days or weeks to come, buoyed by rapidly increasing trading volume.
💎 A major resistance zone awaits #TWT at $1.48, representing the confluence of two Fibonacci retracement levels (38.2% and 427.2%) and the Volume Profile resistance. This formidable price area demands close attention.
The MCP team is actively monitoring this opportunity as #TWTUSDT has the potential to become the next significant gainer in the near future. Stay alert and prepared, Paradisers! 🌴
TWT: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge pattern could signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Potential upside to $1.00 or even $1.20. This is a trend reversal trade setup, which is a higher risk trade since overall trend is still down.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.70. The nearest Resistance Zone is $1.00, then $1.25.
TWTUSDT is inexorably going downHello everyone. Today let's look at the sad chart of TWTUSDT. For a very long time, the price goes under the trend line, and is not particularly going to change its direction. Therefore, it would be logical to expect that the coin will reach its previous local minimum of 0.7. The volatility of TWTUSDT is very small, so we are waiting for the price to move soon.
TWT: Falling WedgeTrade setup : After it got very oversold (RSI ~ 20), price bounced from $0.75 support and reached $1.00 level, where it got rejected. Overall trend is still down and price is also trading in a Falling Wedge pattern. We wait for a breakout, ideally above $1.00 that would signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.90, which it broke, then $0.75. The nearest Resistance Zone is $1.00, then $1.25.
Trust Wallet Token (TWT) forming bullish BAT for upto 29% pumpHi dear friends, hope you are well and welcome to the new trade setup of Trust Wallet Token (TWT).
Previously we caught almost 20% pump of TWT as below:
Now on a daily time frame, TWT is about to complete a bullish BAT move 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.
Falling Wedge Alert on $TWT! Potential Reversal Opportunity? 💹Hey traders! Today, I want to share an exciting chart pattern I've identified on $TWT (Trust Wallet Token). Let's dive into the falling wedge pattern and explore the potential for a bullish reversal. 📊💡
Pattern: Falling Wedge 📉🔽
Symbol: $TWT 💰
Overview:
A falling wedge is a bullish chart pattern characterized by converging trendlines, with the upper trendline sloping downward and the lower trendline sloping upward. It typically indicates a potential reversal from bearish to bullish. Let's examine the falling wedge pattern on $TWT in more detail. ⚡💹
Key Features of the Falling Wedge on $TWT:
Converging Trendlines: Notice how the upper trendline connects the lower highs, while the lower trendline connects the higher lows. This pattern suggests a potential shift in market sentiment. 📈📉
Decreasing Volatility: Observe the gradual contraction of price range and decreasing trading volume as the pattern forms. These characteristics may signal diminishing selling pressure. 📉🔻📈
Breakout Expectations:
A falling wedge pattern often precedes a bullish breakout. Traders typically anticipate a decisive move above the upper trendline as confirmation. However, it is important to wait for a clear breakout before considering any trades. 🚀📈
Trading Strategy:
Entry Point: Consider entering a long position once $TWT convincingly breaks above the upper trendline of the falling wedge pattern. This breakout may suggest a potential trend reversal and the start of a bullish move. ⬆️💰
Stop-Loss: Set a stop-loss order below the lower trendline to manage risk and protect against potential downside. ⛔️📉
Target Levels: Identify potential resistance levels or previous swing highs as profit targets. Adjust your position size and take profits accordingly. 🎯📈
Risk Management:
Remember to implement proper risk management techniques, including position sizing, stop-loss orders, and adherence to your trading plan. It is crucial to carefully manage your risk exposure while trading $TWT or any other cryptocurrency. ⚠️💼💡
Disclaimer: Trading cryptocurrencies carries risks, and it is important to conduct your own analysis and seek professional advice before making any investment decisions.
#FallingWedge #TWT #Cryptocurrency #BullishReversal #TradingStrategy #TechnicalAnalysis #ProfitTargets #RiskManagement
In conclusion, the falling wedge pattern identified on $TWT indicates the potential for a bullish reversal. However, exercise caution and wait for a confirmed breakout before making any trading decisions. Stay tuned for further updates on $TWT! 🚀📊
(Note: This post is for informational purposes only and should not be considered as financial advice.) 💡💼📚
TWTUSDT hovered over the abyssHello everyone. According to TWTUSDT, I saw a more or less understandable graph and decided to disassemble it. So, we have been in the range for almost three months now. And now we have come close to the lower border and are accumulating strength to break through this level. It should be taken into account that for many coins the situation is also not very good. Everyone hovered over the abyss. Therefore, the coin can go down to the level of 0.925. Stop somewhere beyond the line that limits the price from above, at 1.0922.
Cryptocurrency Market Analysis: TWT Coin📈 The TWT coin has reached a buying point, and it's becoming evident to us observers that accumulation or position building is taking place near the support level. I have already partially entered a position and will be awaiting a potential impulse.
📊 TWT is a token associated with the Trust Wallet platform, which provides secure storage for cryptocurrencies and facilitates easy blockchain navigation. The coin reflects the popularity and support of this platform, while also offering opportunities to participate in the Trust Wallet ecosystem.
⚙️ Technical analysis shows that TWT is near a support level, which may indicate potential price strengthening. Now is the time when investors are considering the possibility of entering positions.
❗️ Please be aware that this is only a general analysis and not financial advice. When making investment decisions, it's important to conduct your own research and consult with experts.
💡 Nonetheless, the TWT coin has caught my interest, and I have decided to enter a position, anticipating future growth. I will be closely monitoring price movements and sharing any new discoveries with you.
🔔 If you are interested in receiving more analytical information and updates about the cryptocurrency market, subscribe to our channel.
$TWT/USDT 12h (#Bybit) Descending trendline breakout and retestTrust Wallet Token regained 50MA support, seems to be done with the downtrend and ready for recovery towards 200MA.
⚡️⚡️ #TWT/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (4x)
Amount: 5.0%
Current Price:
1.2160
Entry Targets:
1) 1.2030
Take-Profit Targets:
1) 1.3845
Stop Targets:
1) 1.0820
Published By: @Zblaba
$TWT #TWTUSDT #TrustWalletToken
Risk/Reward= 1:1.5
Expected Profit= +60.3%
Possible Loss= -40.2%
TWTUSDT and possible reboundHello everyone. In search of a more or less readable graph, I came across TWTUSDT. At the moment, the price is testing the trend line. And apparently, it will once again storm the 1.34 level. It will break through or not, it is not clear, but you can take a long position up to this resistance level. The stop is relatively small at 1.1276, per line.
I will buy TWT for $1.Hello everyone! I would like to share my opinion on the TWT coin. Recently, I started to explore this project and I think that TWT is a very interesting coin that is worth having in your portfolio. Currently, the coin is in an upward trend, which indicates its potential for growth.
I decided to buy some TWT and the main volume I placed in the area that I marked on the chart. I am sure that there is a good product and a team of developers behind the coin who are working to improve Trust Wallet. In addition, the project has prospects for development in the future.
If you are also interested in TWT, I recommend finding a good entry point and not forgetting to control your portfolio. Remember that any investments have their own risks, so it is not worth investing more than you can afford to lose.
I wish everyone successful investments and success in the world of cryptocurrencies!
TWT/USDTIt appears to be a good opportunity to consider purchasing TWT at this point in time. The token is currently touching a trend line, and it has demonstrated impressive growth even during bearish market conditions.
It is worth noting that TWT is closely associated with CZ, the CEO of Binance, which is likely a contributing factor to its continued success despite the downtrend of BTC. Overall, this makes TWT an interesting investment option worth considering.
BINANCE:TWTUSDT