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Twt

TWT Multi-Year Triangle Pattern Calls for $1.4 TargetSince its inception, Trust Wallet Token (TWT) entered into a long period of consolidation, developing a symmetrical triangle formation. The multi-year symmetrical triangle pattern now calls for a retest of the upper resistance level around the $1.4 level. Symmetrical Triangle Pattern This multi-year pattern has the potential to continue driving the price action in the coming months unless we get a clear breakout on either side of the symmetrical triangle. First, TWT's price made a base near the $0.30 level, which was followed by a powerful uptrend topping out at $1.65. A subsequent sell-off pushed TWT's price down to around the $0.45 level, generating another base from where we rallied again, but failed to reach the previous high. TWT topped again at $1.40 and sold off to $0.55 to form another base. In the short-term, we have left the base, and if the same pattern repeats again then the current rally could fall below the March 2022 high of $1.40. A weekly break and close above the $1.00 psychological level has the potential to cement the bullish case scenario. RSI Oscillator The weekly RSI has also broken above the 50 mid-level; the last two times this signal occurred, we had two powerful rallies. The bulls have the upper hand as long as the weekly RSI continues to print positive momentum readings.
Long
by cryptohopper
$TWT looks good. A general bullish market will do it big good.I'm just going to use bullet points for pros and cons. Pros: * $TWT has basically been in a range for all of it existence. * Price has been printing higher highs even within that range. * One of the very few coins that has recovered the most from the dump. * Price is approaching 3rd touch of the horizontal resistance. * Target after the breakout is at least 200% and might be reached easily if the general market pumps. Cons: * Volume. I don't see convincing volume as price is approaching the breakout.
Long
by kingcoinman
TRUST-USDTCoin of the Trust hot wallet, quite handy, with the possibility, recovery on a seed phrase, and support for many coins. Coin repeating the price movements of bitcoin, stands in a rectangular consolidation. Nearest support 0.55-0.5, nearest resistance 0.7-0.88. When bitcoin comes out of the sidewall, this coin can also be used for extra profits. If you liked this article, please like it and subscribe to it, so as not to miss anything. Always use STOP, and do not use a leverage higher than x3. A trader must always have tomorrow.
by Kirill_Gaitan
🔥TWT: wait for the next bull trap to open a trade!Volumes have not increased since the bull trap. This means that the bulls have not yet liquidated and the price can go lower. When the price falls to the trend line, the volume also did not increase, which shows the lack of interest from the buyer and additional bad signal. 📊Which scenario is more likely? A slight rise in price to the second value zone of $0.65-0.67 and a second bull trap, this time with increased volumes, which will show a large number of trades in this zone. This will give additional confirmation that the price is not going to move higher: short traders sell their TWT to long traders and the price goes down, while long traders become fuel for the fall, selling the altcoin lower and lower. 📊Targets: 1. $0.55 - key level. 2. $0.45 - key level below which a lot of liquidity for big players to open their long trades. This is the area of massive liquidation and retail traders capitulation zone. 💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
TWT OFFICIAL WALLET OF BINANCETwt is the official wallet of Binance. When you login Binance global you can read TWT as Binance's official wallet! This means this token is really important for crypto space! If crypto investment will continue in the future this token will have a very bright future! Binance is the biggest exchange by far, volume in Binance is around %80 of total crypto market! Therefore if Bİnance is supporting some token or its official Binance token it will definitly go up a lot! Between 0.45-0.5 cent is a strong support and long term buy zone for this coin. Right now price is around 0.69 area and if it break above it can go 0.85 area pretty quickly. Important support zones 0.5 0.45 0.3 0.25 Important resistance zones 0.7 0.85 0.95 1 Follow for more ideas and long term insight of the market!
by thegreatwall38
TWT.Blood and tears. How to invest in a bear market?TWT. The token of the Trust Wallet cryptocurrency wallet. The project was bought by the Binance exchange. My Investment plan. 1. 3% of the deposit for the purchase in 1 block. Price range (0.72-0.82). At the time of publication, I buy from current to 0.76 2. 3% of the deposit for buying in block 2. Price range 0.56-0.47. plan to sell 1.1.45-1.6. I will sell 50% of the coins according to these values. We take our money + profit 30% of the profit. 2. I leave the sale of 40% in the region of $ 1.9-2. We collect the cream. 3.10% on space during the next alt season This recommendation is for the period 2023-2024.
Long
by BIT_RAF
2
LONG TERM PROJECT WITH A LOT OF UPSIDE POTENTIAL!THIS PROJECT BOUGHT BY BINANCE IN 2018! So this is the wallet of Binance. Long term investments in Binance projects are logical since Binance is the biggest exchange of crypto by far. If there will be cryptocurrencies in the future there will be Binance! For the short term, Because of the FED and the bear market we are in right now, every asset is losing value which is normal. Right now we are at important support level of 0.94. If we cant hold it we can test the 0.85 area. If we can hold it between 0,94 and 1 usd area is possible price zone. For the long term important support zones, 0.94 0.85 0.69 0.46 0.26 - which is an insane buy zone for this asset! For the long term important resistance zones, 1.01 1.08 1.21 1.53 - ath NEW ATH IS NEAR CERTAIN IN THE NEXT BULL RUN FOR THIS PROJECT! Thanks. Follows for more ideas and charts!
Long
by thegreatwall38