Good day my fellow trader, we have two main signals to consider on this chart, Trust Wallet Token Goes Bullish:
1) Long-term higher lows. This pair has been producing higher lows since day one. These are shown in green. We also have a long-term ascending channel/bullish trend.
2) Long-term support. In June 2023 a major low was hit and a support level established at this low. This same low was tested again multiple times with the last two happening recently. It has been holding strong. We are now seeing strong bullish action developing after this long-term support fails to break.
These signals are pointing to the start of a new bullish wave. This bullish wave can produce a new high compared to December 2022. This opens up more than 400% potential for growth. Additional targets (lower) are shown on the chart.
You can find the TWTBTC trade-idea below. This analysis is for TWTUSDT.
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