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TWTUSDT (TRUST WALLET TOKEN) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - TWTUSDT hit an ATH - The market then retraced, rejecting the ascending channel (AC) resistance and breaking down below the minor ascending channel (MAC) support. - Price is retesting the ascending channel (AC) support and 0.618 fibonacci retracement level. - There's a relatively high concentration of buyers at this retest zone. - The retracement is bounded in the minor descending channel (MDC). - A breakout above the minor descending channel (MDC) resistance could be an uptrend continuation signal. BUY ENTRY ⬆️ - Breakout above the minor descending channel (MDC) resistance and the previous swing high horizontal resistance level (R1). TARGETS 🎯 - Horizontal resistance level (R1). - Horizontal resistance level (R2). - Fibonacci extension levels. SETUP INVALIDATION ❌ - Breakdown below the ascending channel (AC) and previous swing low horizontal support level (S1).
Long
by Chibuike_Odoh
TWTUSDTHello to you all. Mars Signals team wishes you high profits at all times. While considering the beginning price of this token ever since it was offered and had a rise, we can see a retracing in the price after each of the rises. We think that if the price is able to break its trend line, it would experience higher prices. But if it is not able to break the line, the price will fail and will have a fall. We can predict the price of this token at 1 dollar too in case of the market being able to keep this rising state intact. You also need to keep this in mind too that if the market falls, this token would also follow suit. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
Long
by MarsSignals
TWT Is Exploding Now!Hello, guys! TWT price formed the ascending triangle, the price bounced off the CPR level and breaking through the triangle's upper band now. The potential target 1 coincides with triangle's height and the R2 pivot level ($0.74 ) The second target is the R3 pivot level of $0.81. The price can bounce off the upper band of the triangle to the downside but the upward trendline is a strong support during this bull run. Thus, there is a high probability that this triangle will be broken to the upside very soon. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Long
by Skyrexio
1
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.
Long
by Chibuike_Odoh
2