🔽TWT-Symmetrical triangle on key levelAfter setting new ATH on September 5th the price has been moving in a symmetrical triangle formation that sits beautifully on the key level (1.14) which is also a node of high volume.
All entries inside of the formation are valid, or even below the formation at local levels (green)
Targets:
1.13
1.39
1.55
1.65
-- then use upper trendline(green dashed) for last target -- then open --
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About TWT:
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.
Trust Wallet Token was initially launched as a BEP-2 asset on Binance Chain, but was relaunched as a BEP-20 token on Binance Smart Chain in October 2020.
Source: coinmarketcap
Trustwallet
Trust Wallet TWTUSDT - Secret GEM +1200% + Symmetrical triangle!-Trust Wallet Token - TWT - Rank #245 - Token.
- The chart is printing a huge symmetrical triangle. which is currently breaking out!
- First Impulse Elliott Wave finished succesfully.
- RSI is ready for a breakout to the upside.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- Profit target is 1.618 FIB - around 17.5 USD!
#TRUSTWALLETTOKEN #TWT DAILY CHART TECHNICAL ANALYSISGiven the uptrend channel and the triangular pattern that forms after a strong uptrend and can be very similar to the flag pattern, it is likely that we will soon see the exit of the triangle from the ceiling.
If this happens, the targets are:
target1: 1.9$
target2: 2.4$
target3: 2.9$
stop loss: 0.88$
entry: 1.19-1.05
time: 2-8W
TWT - where is the best place to buy 🤔❓The TWT chart shows a rather interesting picture. The price is squeezed into a symmetrical triangle. According to the rules, a symmetrical triangle is broken both up and down. But since we are now in a bull market, the priority is more for an upward move. A good buying opportunity could be after a squeeze and breakout of the triangle's upper boundary.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
TWT - where is the best place to buy 🤔❓TWT is a very good project from a fundamental point of view and has a real product, which is why it is such an interesting project for investors. What can be said on the technical analysis side?
Right now the price is in a triangle. There is a lot of volume on the high, which is a bad signal. There is a liquidity area at the bottom.
If the price corrects into this area, it could be a good place to buy. Or if the price comes to the upper boundary of the triangle and starts to squeeze, that could be a signal for a breakout and continuation of growth.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
TWTUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
random analysis on TWT daily time framepersonally i imagine 3 scenarios for TWT that are described below . two green arrows are very optimistic and the red arrow seems very Pessimistic . there isn't enough enthusiasm in the market in case to break the ascending channel upward and form a new ascending channel above the recent one . in other hand there isn't any specific volume in the market which may lead us to red arrow scenario . but that's a nice ascending channel and it seems that TWT is adhere to it .
i always search very deeply for any sign of bull trend starting and this time i found a very little nice HIDDEN divergence on RSI . let's see if it is enough for starting a new bull trend or not . only time can tell
$TWT/BTC 1D (Binance Spot) Ascending channel on supportTrust Wallet Token is up-trending inside that parallel channel and is trying to break bullish out of that wedge.
Current Price= 0.00001383
Buy Entry= 0.00001388 - 0.00001280
Take Profit= 0.00001654 | 0.00001988 | 0.00002578
Stop Loss= 0.00001078
Risk/Reward= 1:1.25 | 1:2.55 | 1:4.86
Expected Profit= +23.99% | +49.03% | +93.25%
Possible Loss= -19.19%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 2.5 months
TWT 12h Where will the price go, $5.5 or $0.17?Our subscribers and readers under the idea: "An alternative scenario for the movement of BTC for 2021" asked to consider the TWTUSDT trading pair
And we heard them because they write that TWT is a promising token and the price can grow and grow.
Let's analyze what facts can be seen on the TWTUSDT chart
1) From August last year to the recent high, the TWTUSD price have made x200 , it's a very good result
2) Now the price is in a broad consolidation of $0.40-0.90 . If we assume that in this zone, the accumulation continues for the last four months (and this is how it looks for now), then after the price fixes above $1, we can expect an i ncrease to $5.5, to begin with.
3) If the price cannot break above $0.87-0.97 , consolidation and a set of positions may drag on for another 1-2 months.
4) If sellers activate and will push the price below the critical zone of $0.38-0.42 , then we can expect a continuation of the fall to $0.17-0.18
Write in the comments the fundamental basis that we did not take into account in the analysis. Will the token rise or fall?
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Trust Wallet Token (TWTUSDT)Trust wallet token has broken the resistance.
the key level is 0.9 $ and we should consider this as stoploss, under 0.9.
target can Be 1.5, 2 and 2.7 in long term as we can see now.
Look for a good position in 4-hours time frame and wait for pullback and confirmation.
the next key level is 1$.
Goodluck
Don't forget:
1-Money managment
2-put Stop-loss
3-push like and share