Trust Wallet Token is currently attempting to break its bear channel resistance after a nice Head and Shoulders reversal pattern! My last analysis only got us a 1:1 Risk Reward on a short before the right shoulder began to show itself. Now we should be looking for long entries.
How do we trade this?
We have a descending bear channel arcing to the upside after a...
TWT is one of those tokens that are related to BNB given Binance's involvement in the project. Both it and SXP have done OK over the last few weeks, but in my opinion it could grow a lot more. Lots of people use the wallet and that number will most likely grow.
However in my opinion what is more important is that it has some sort of weird triple top in BTC terms,...