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Trustwallet

Long Entry Signal for TWT/USDTBased on the daily chart for TWTUSDT on Bybit, here's a concise analysis: MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend. MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum. PSAR: The PSAR dots (black) are under the price, confirming a bullish trend. Price vs. SMA 200: The price is above the 200-period SMA (red), supporting a long-term bullish trend. Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price, price above SMA 200), you might consider entering a long position. Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk. Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Long
by vagada
TradeCityPro | TWT: Trust Wallet Token's Market Moves👋 Welcome to TradeCityPro! In this analysis, I want to examine the TWT coin for you. This coin is associated with Trust Wallet, which you are undoubtedly familiar with and have used. It's a very user-friendly wallet that even beginners can use easily. Currently, TWT has a market cap of $382 million and is ranked 142 on CoinMarketCap. 📅 Weekly Time Frame In the weekly timeframe, after the price reached the area of 2.7081, which was also the ATH, a corrective phase in the market began and continued down to 0.7072. 🔍 During this period, we also had an ascending trendline accompanying the upward trend, which was broken. After a pullback to the trendline area at 1.6072, a price range box between 0.7072 and 1.6072 has formed, with several supports and resistances occurring at the box's floor and ceiling. 📊 The market volume has been decreasing since the pullback and is gradually declining, compressing the price further. A breakout above 1.6072 could potentially initiate an uptrend. If the box's support fails, there are two short-term supports at 0.5774 and 0.4761, though these are not very significant. The main support is at 0.2960. ⚡️ Moreover, the RSI in its chart has a support area at 38.44, which is also significant. A break of this area in conjunction with a break below 0.7072 in the chart could confirm the entry of significant bearish momentum. 🛒 For spot buying, the trigger at 1.6072 is appropriate. If the price consolidates above this area, we can expect it to move towards the ATH and test this area again. 🔽 As I mentioned, the ascending trendline has been broken and has been pulled back to, so if the trendline trigger at 0.270 activates and this support breaks, we can expect the price to move towards the trendline target of 0.2960. 📝 Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Long
by tradecitypro
5
#TRU/USDT#TRU The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it strongly upwards and retest it We have a bounce from the lower limit of the descending channel, this support is at a price of 0.0350 We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise We have a trend to stabilize above the moving average 100 Entry price 0.0438 First target 0.0511 Second target 0.0553 Third target 00630
Long
by CryptoAnalystSignal
#TRU/USDT#TRU The price is moving within a bearish channel pattern on the 12-hour frame, which is a strong retracement pattern and was broken to the upside. We have a bounce from a major support area in green at 0.0900 We have a tendency to stabilize above the Moving Average 100 We have a downtrend on the RSI indicator that supports the rise and gives greater momentum, and the price is based on it to rise after it was broken upward. Entry price is 0.1250 The first target is 0.1800 The second target is 0.2100 The third goal is 0.2472
Long
by CryptoAnalystSignal
Trust Wallet (TWT)TWT has one of the easiest pattern for future traders and like to repeat its pattern over and over again Trust Wallet price today is $1.08 with a 24-hour trading volume of $11 million and the price is up 4.9% in the last 24 hours. It has a circulating supply of 420 million tokens and a total supply of 1 billion Trust Wallet token is a utility token that can only be used within the trust wallet app.What are the Incentives of (TWT)? Governance token that will be used by anyone who wants to take part in making decisions for adding new blockchain support, tokens and product features. Discounts on DEX services and purchasing crypto within the app. Collectible Marketplace, anyone interested in trading, selling or buying digital collectibles can utilize the token in a user-friendly environment. 1.2 is a good time to take some profit as well
Long
by moonypto
17
TWT Premium SignalYou bet! Alright, let's dive in! The TWT vibes are looking seriously strong! We've been in a long-term accumulation phase, and those weak hands have already sold off. Our first target is gonna be testing that trend line. And then, watch out for the second target at $3, where we'll be cashing out. But hey, remember to always do your own research. Trust but verify, right? Let's keep riding this wave, but keep those eyes peeled and your instincts sharp. It's gonna be a wild ride! 🚀🌊
Long
by HedonistTrade
TWT/USDT Success reclaimed! Potential continue the upward move.💎 TWT has undoubtedly garnered considerable attention within the market. It successfully reclaimed and broke out from a previously challenging resistance zone. 💎 This development increases the likelihood of witnessing significant upward momentum, potentially leading to a move toward our targeted strong resistance area. 💎 However, should TWT retreat for a retest and subsequently fail to maintain the support level, there's a risk of reverting to a scenario reminiscent of a false breakout. This would result in a retracement back to the demand area around 1.24. 💎 If TWT finds itself at the demand zone but fails to elicit a robust response, indicating a lack of bounce, there's a possibility of a breakdown below the demand zone. Such a scenario could trigger further downward movement, potentially reaching the significant support area.
by MyCryptoParadise_Nathan
1
TWT/USDT Indicating upward move and is attempting to break out.💎 TWT has notably made its mark in the cryptocurrency market. Currently, TWT ispoised for an upward move and is attempting to break out of the supply area. 💎 If TWT successfully breaks above the resistance area, it could probability reach our target area in the bearish OB zone. 💎 However, if TWT fails to break out above the resistance area, there is a possibility of a retracement back to the support area around $1.4 - $1.3 to establish new momentum. 💎 In the support area, TWT needs to bounce and resume its upward movement to attempt another breakout above the supply. Failure to hold the support and a breakdown below could signal a shift to a bearish trend, potentially leading to a return to the demand area.
by MyCryptoParadise
2
TWT/USDT Rejected and back to retesting. Could Breakout ??💎 TWT has recently encountered notable market dynamics. After a strong rejection upon testing the supply area, there's potential for the price to retreat to the demand area to gather new momentum. 💎 If the breakout from the demand area is valid, the price can reach the probability of our target area. However, if the breakout fails, the price may retreat to the Bullish Order Block (OB) area. 💎 The Bullish OB area has historically shown strength in supporting TWT's price, making it crucial for a bounce when the price reaches this level. 💎 Failure to bounce, leading to a breakdown of this area, could signify bearish sentiment and prompt further downward movement in the price. Traders should monitor price action carefully around these key levels to gauge potential market direction.
by MyCryptoParadise_Nathan
TWT → Will the Price Climb to $1.50 or Drop to $1? Let's Answer.TWT (Trust Wallet Token) has been in an expanding and ascending channel since late November and has given us a higher high and higher low. Should we long here? How do we trade this? 🤔 We don't trade an unclear chart, this one is no exception! We have a higher high and higher low, but the high of the higher high has a large wick on it. This is *not* a signal of strength and neither is the fact that we're just above the Daily 30EMA without a strong bounce. Our bias should remain long because the crypto market is currently in a bull trend, however, it's also at a pivotal moment where there is a real possibility of a reversal. Unless we get a strong signal here at the 30EMA, I wouldn't trade this in either direction. Even if the price action falls below the 30EMA, we have too many levels of support before a short is reasonable. 💡 Trade Idea 💡 Long Entry: $1.25 🟥 Stop Loss: $1.09 ✅ Take Profit: $1.41 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Higher High and Higher Low after Bear Capitulation Bar. Bias to Long. 2. Weak bull candle on December 26th, Reduces Bull Probability. 3. Crypto Market at Pivotal Moment, Consider Reversal Possibility. 4. Above 30EMA, need close below to justify Short, Support to Long. 5. RSI at 55.00 and above Moving Average. Supports Long Bias. 💰 Trading Tip 💰 If your analysis renders conflicting signals, trade small or don't trade at all. Wait for the market to give you a signal and data toward a premise, then size your position and manage your trade accordingly. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
TWT/USDT Possibility Bounce and Continue the upward Movement ??💎 TWT has undeniably attracted significant attention in the market. Currently, TWT is in the process of retesting the demand area at $1.15 - $1.05, which precedes the supply area. The previous breakout from the supply area was noteworthy, marked by substantial volume and a robust green candle. 💎 In the event of a successful retesting phase in the demand area, there is a likelihood that TWT's price will bounce, probability of resuming its upward trajectory and reaching our target in the supply area. 💎 The unfavorable scenario materializes if, during the retesting phase at the demand zone of $1.15 - $1.05, TWT struggles to maintain its position and experiences a breakdown. In such a case, TWT may revert to a bearish movement, potentially retracing to the strong support area.
by MyCryptoParadise
1
TWTUSD: Hit our 1.6500 target but now correction is expected.The Trust Wallet Token hit our 1.65000 target (chart at the bottom) much quicker than we anticipated and naturally turned extremely overbought on the 1D timeframe (RSI = 92.623, MACD = 0.152, ADX = 53.524). This 1D RSI is the heighest in TWT's history. If that alone isn't a sell signal, the 1D Golden Cross that was completed on Saturday is one. Even though that is generally a bullish signal, all of TWT's Golden Crosses on the 1D timeframe, started corrections that approached at least the 0.382 Fibonacci level (normally broken much lower). Consequently we believe that the short term peak has been formed and expect a technical pullback. We target the minimum fractal decline of just over the 0.382 Fibonacci (TP = 1.35000). See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:TWTUSDShort
by InvestingScope