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TWT: Pullback in UptrendTrust Wallet Token (TWT) Analysis: Trade setup : Pullback in Uptrend opportunity. Price was 2x rejected at $2.75, forming a bearish Double Top pattern, and pulled back to near $1.25 support. It is getting oversold (RSI ~ 30) as well and could see a bounce up near-term. Trend : Downtrend on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45). Support and Resistance : Nearest Support Zone is $1.80, which it broke, then $1.25. The nearest Resistance Zone is $2.75.
Long
by altFINS
1
TWT. Greed is a Matter of Life and Death.The inexplicable behavior TWT price is baffling. In fact, you do not get anything by holding this token in your wallet, only some fees discounts on DEX in TrustWallet, but this cannot be a reason to have a capitalization of almost $1B. There is a wild shilling hidden among telegram channels and promises that CZ will deliver TWT price to the moon. Well, when you shape your narrative around one person, what do you think will happen when they exit the game? The answer is obvious if you are over 20 years old.
by Tropnik
1
TWT: Approaching ResistanceTrust Wallet Token (TWT) technical analysis: Trade setup : Price broke out of Pennant (bullish) and reached $2.75 resistance. Now wait for price to break above $2.75 resistance to resume Uptrend. (set a price alert). Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $1.80, then $1.25. The nearest Resistance Zone is $2.75.
Long
by altFINS
1
TWT : LONG-TERM PRICE PREDICTION DEPENDING ON A VIEW INDICATORA view indicator shows that this coin is able to go higher targets. this will stay an expecting as we can't see the future. The indicator did test before also on AXS and other increased coins. Into this prediction for 2022/2023 a price target of 11 USD. Conducting research on Trust Wallet Coin (TWT) and considering its potential performance in the long term is a smart move. By keeping an eye on the market and staying up-to-date on changes and updates, you may be able to identify opportunities for TWT to show strong price action. However, it is important to remember that any price prediction is just an estimation and not a guarantee of future performance. It is always advisable to invest responsibly and within one's means. It can also be beneficial to regularly monitor the market and stay up-to-date on the latest developments in the industry. This is not trading advice, as it's only a price expected for 2022/2023 Trade and invest only depending on your study. # for day traders it's much better to follow the price day by day. The reason for this update is also that this coin has a chance to become a hype coin since its just some important trends. Also on side of whales there is an invest auto DCA trend.
Long
by Goldenbreakout
6
TWT: Bullish Pennant Breakout!Trade setup : After massive gains (>100%), price briefly consolidated in a Bullish Pennant pattern. Now price appears to have broken above the Pennant resistance (bullish) line to resume uptrend with upside to $2.75 resistance zone. Pattern : Bullish Pennant - forms typically following a sharp advance, followed by a brief triangular shaped consolidation in price (a small change in direction), before the previous uptrend (bullish) typically resumes. The period of consolidation should have lower volume and the breakouts should occur on higher volume. Trend : Uptrend across all time horizons (Short- Medium- and Long-Term). Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing. Support and Resistance : Nearest Support Zone is $1.80, then $1.25. The nearest Resistance Zone is $2.75.
Long
by altFINS
Will Trust Wallet Token Continue Straight Up To $3.45The really high volume here on this chart reminded me of Band Protocol, the analysis we shared earlier... Now, Trust Wallet Token (TWTUSDT) hit a low in May 2022 and has been on an uptrend since. In the past few weeks, we see a strong bull-run taking place, within a bear market. Q: Can it continue growing and hit $3.47? A: It depends. As we can see from the chart above, the Fib. extension resistance 1.618, the Golden Ratio, is set at $2.318. TWTUSDT hit this level but produced a long upper wick/shadow just two weeks ago. This is an important level and can decide if this altcoin pair will retrace or continue moving straight up. If this level can be taken out/conquered, prices moving and closing above it, we can see another impulse which would take prices to $3.45. But if instead TWT fails to break this level, a correction can easily take place (red arrow). So far it is looking like the important resistance will be challenged again. Check the chart for additional information. Visit my profile for more trades. Hit Boost, Comment & Follow. Thanks a lot for your support. Namaste.
by AlanSantana
TWT - Wait for the breakout!Here's a quick look at the TWT 4 hr chart. As we can see, the price has been forming a bigger symmetrical triangle, and we may see a breakout soon. ------------------------------------------- The idea is: Buy when the price breaks above the triangle and take profits at the levels shown in the chart. Targets: 1. 2.34$ 2. 2.47$ 3. 2.6$ 4. 2.95$ ------------------------------------------- What are triangles when it comes to trading? Key points: "1. In technical analysis , a triangle is a continuation pattern on a chart that forms a triangle-like shape. 2. Triangles are similar to wedges and pennants and can be either a continuation pattern if validated or a powerful reversal pattern, in the event of failure. 3. three potential triangle variations can develop as price action carves out a holding pattern, namely ascending, descending, and symmetrical triangles." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
by MBM_Crypto
Bitcoin is shrinking, there will be an explosion soon!Hello trader Today I have prepared a new idea for you. Like and subscribe to the channel there is a lot of useful information✅ Yesterday I wrote you a bit of psychology on bitcoin and the market as a whole, today I want to go through the chart with you from the technical side. Let's start with levels: Let's drop resistance still stands at $16,800-17,150, this range is now an insurmountable zone for bitcoin, the asset is getting bounce after bounce. The support level can be identified as a zone of $16,400-16120, this is an approximate range from where the price bounced the last time to the resistance zone. What do I expect at the moment? I think that after all this narrowing leads us to a downward movement to the $16150-15750 zone, these are approximate figures where I expect bitcoin (I can be wrong and we will get a rebound from $16,400) I'm still waiting for a good entry point between $16400-$16,000 I think we need to go through a down move to see the long awaited again! There may be some shooting into the $17,000 zone over the weekend but I think it's to confuse the crowd... I've been thinking lately that they can squeeze below $15,500 and trap even more shorts, so be careful, if you've already made enough from this SHORT, then I would recommend to change position;)
Short
by DanilBlinkov
2