Trustwallettoken
TWTUSDT (TRUST WALLET TOKEN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- TWTUSDT is testing the ascending channel support.
- Price action is printing the inverse head and shoulders pattern.
- There's a breakout potential.
- This is double trade setup.
FIRST SETUP
- Buy entry⬆️: breakout above the inverse head and shoulders neckline resistance
- Targets 🎯: first fibonacci extension levels, swing high resistance (R1).
- Setup invalidation ❌: breakdown below the right shoulder support level (S1).
SECOND SETUP
- Buy entry ⬆️: breakout above the swing high resistance (R1).
- Targets 🎯: second fibonacci extension levels, ascending channel resistance.
- Setup invalidation ❌: breakdown below the ascending channel support.
Projection for new highs in TWTUSDT 1H - RSI gaining momentumTechnical analysis regarding the price of TRUST WALLET TOKEN in relation of dollar Tether for the next scenarios, based on 1 hour movement.
Price forming upwards / bottom funds, however, is in a consolidation / lateralized phase on the 1h chart.
I believe that the price, losing this resistance, will seek the projected targets and, walk to form a new ATH.
RSI gaining strength and price already in an upward trend.
disclaimer
*** This is not a recommendation to purchase and/or sale. It is for educational purposes only. ***
TWT usdt to steadily climb to back to the .33c markTWT usdt to steadily climb to back to the .33c mark
(Binance) Trust Wallet Token TWT usdt to rise to resistance leve(Binance) Trust Wallet Token TWT usdt to rise to res levels
Trust wallet token (TWT)Binance's crypto wallet app token. I expect a strong rise in the price, as crypto is getting more known and accesible through this app. Moreover, signals are looking good, descending wedge.
However, price is highly volitile, so don't forget to place a stop-loss.
