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Twtanalysis

TWT Premium SignalYou bet! Alright, let's dive in! The TWT vibes are looking seriously strong! We've been in a long-term accumulation phase, and those weak hands have already sold off. Our first target is gonna be testing that trend line. And then, watch out for the second target at $3, where we'll be cashing out. But hey, remember to always do your own research. Trust but verify, right? Let's keep riding this wave, but keep those eyes peeled and your instincts sharp. It's gonna be a wild ride! 🚀🌊
Long
by HedonistTrade
TWTUSDT.1DBased on the given market data, the TWT (Trust Wallet Token) is currently trading at a price of $1.33 against USDT (Tether), a stablecoin pegged to the U.S. dollar. Looking at the technical indicators, the 4-hour Relative Strength Index (RSI) is at 58.72, which is near the mid-range, indicating a balanced market sentiment. The 4-hour Moving Average Convergence Divergence (MACD) is positive at 0.0089, suggesting a bullish trend. However, the current price is less than the 4-hour Bollinger Band (BB) of 1.37, indicating the price might be undervalued and could see an upward movement. The daily RSI is at 68, which is relatively high, indicating overbought conditions. The daily MACD is positive at 0.046, which is a bullish signal. The price is less than the daily BB of 1.39, suggesting the price might be undervalued and could rise. The weekly RSI is at 62.16, which is slightly high, indicating a slightly bullish sentiment. The weekly MACD is positive at 0.049, indicating a bullish trend. The price is less than the weekly BB of 1.41, suggesting the price might be undervalued. The support and resistance levels suggest that TWT has strong support at $1.29, $1.23, and $1.19 on the 4-hour chart, $1.23, $1.023, and $0.92 on the daily chart, and $0.87, $0.68, and $0.42 on the weekly chart. On the other hand, the resistance levels are at $1.40, $1.55, and $1.58 on the 4-hour chart, $1.41, $1.58, and $1.69 on the daily chart, and $1.87, $2.13, and $2.69 on the weekly chart. In conclusion, the TWT appears to be in a bullish trend in the short term based on the positive MACD. However, the high daily RSI could be a concern as it suggests the asset might be overbought. Traders should watch the support and resistance levels closely for potential breakout or reversal patterns. As always, it's important to consider other factors outside of technical analysis, such as news events and market sentiment, before making any trading decisions.
by MarsSignals
TWT → Will the Price Climb to $1.50 or Drop to $1? Let's Answer.TWT (Trust Wallet Token) has been in an expanding and ascending channel since late November and has given us a higher high and higher low. Should we long here? How do we trade this? 🤔 We don't trade an unclear chart, this one is no exception! We have a higher high and higher low, but the high of the higher high has a large wick on it. This is *not* a signal of strength and neither is the fact that we're just above the Daily 30EMA without a strong bounce. Our bias should remain long because the crypto market is currently in a bull trend, however, it's also at a pivotal moment where there is a real possibility of a reversal. Unless we get a strong signal here at the 30EMA, I wouldn't trade this in either direction. Even if the price action falls below the 30EMA, we have too many levels of support before a short is reasonable. 💡 Trade Idea 💡 Long Entry: $1.25 🟥 Stop Loss: $1.09 ✅ Take Profit: $1.41 ⚖️ Risk/Reward Ratio: 1:1 🔑 Key Takeaways 🔑 1. Higher High and Higher Low after Bear Capitulation Bar. Bias to Long. 2. Weak bull candle on December 26th, Reduces Bull Probability. 3. Crypto Market at Pivotal Moment, Consider Reversal Possibility. 4. Above 30EMA, need close below to justify Short, Support to Long. 5. RSI at 55.00 and above Moving Average. Supports Long Bias. 💰 Trading Tip 💰 If your analysis renders conflicting signals, trade small or don't trade at all. Wait for the market to give you a signal and data toward a premise, then size your position and manage your trade accordingly. ⚠️ Risk Warning! ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
Long
by TraderEngineering
TWT Beginning to Reverse? Maximum profits can be yours!TWT has been in a descending channel since November 7th, a classic burn-off pattern after a strong bull capitulation to $1.82. The downward pressure appears to be waning and we may be getting ready for a reversal. How do we trade this? The trend is always king when making trading decisions, meaning it should be the strongest data point in your analysis. However your analysis should *never* end there, you want as few data points to consider as possible without excluding what's important. A balancing act that takes time to cultivate and perfect. We're in a downward trend (bias to short), we're below the 30EMA and 200EMAs (bias to short), we had what appears to be a bear capitulation candle (bias to long), RSI is below the Moving Average at 46.00 (indecisive, but could aid the bias to short). The conclusion? Short-term bias to short, but watch out for a double bottom reversal after that bear capitulation. Shorting to just above the previous low around $1.05 is reasonable *if* we see a strong bear signal bar closing on or near its low. Protective stop should be placed just above the 30EMA and 200EMA. Take profit at $1.05 or if we get a bull reversal signal prior, and watch for long confirmations. Key Points 1. Descending Channel, Bias to Short. 2. Capitulation Bear Candle, Could be the End of the Downside Movement. 3. Look for double bottom to Long. 4. Short to previous Low. 5. RSI at 46.00, below Moving Average. You are solely responsible for your trades, trade at your own risk! If you found this analysis helpful, click the Boost button and let us know what you think in the comment section below!
Short
by TraderEngineering
TRUST WALLET TOKEN new volume and more gain 🚀Hello 🐋 based on the chart, the price is in the daily parallel channel and break out of the descending channel is completed beside it is close to the round number 📖💡 we can expect the retest to the descending channel too 💡📖 if the price doesn't break the support levels to the downside and breaks the round number to the upside, we will see more gain in long term overview 🚀💣 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
by MadWhale
3
TWT forming a symmetrical triangle Based on my TA, after the cup and handle pattern, TWT started forming a symmetrical triangle as shown on the weekly and daily charts. and on the 4hr TF it formed a double bottom, and reached the target price which is $1.12 and then retraced back to the neckline, my next move would be to wait for a confirmation 2-3 4hr candles closure above $1.12 -$1.14 then i would open a long position SL: $0.844 TP1:$1.226 TP2:$1.328 TP3:$1.4219 TP4:$1.5860 failure to close above the mentioned levels and breaking the lower triangle line will result to a further decline in the price to 0.869 then 0.79 then 0.56 levels what do you think of this trade?
by shammaalz
1
Is TWT the new rocket❓ Don't miss it 🚀Many people are interested in the TWT coin, let's have a look, having prepared a good analysis for you. Half a month ago twt broke a big wedge, tested it as support, but we never saw a strong reaction. Now the coin has been in a local consolidation for over 15 days and is accumulating strength for a strong move. If the price comes out of the consolidation, breaks through, and tests the upper boundary as support, it would be a good buying opportunity. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
by Yuriy_Bishko
12
TWT 12h Where will the price go, $5.5 or $0.17?Our subscribers and readers under the idea: "An alternative scenario for the movement of BTC for 2021" asked to consider the TWTUSDT trading pair And we heard them because they write that TWT is a promising token and the price can grow and grow. Let's analyze what facts can be seen on the TWTUSDT chart 1) From August last year to the recent high, the TWTUSD price have made x200 , it's a very good result 2) Now the price is in a broad consolidation of $0.40-0.90 . If we assume that in this zone, the accumulation continues for the last four months (and this is how it looks for now), then after the price fixes above $1, we can expect an i ncrease to $5.5, to begin with. 3) If the price cannot break above $0.87-0.97 , consolidation and a set of positions may drag on for another 1-2 months. 4) If sellers activate and will push the price below the critical zone of $0.38-0.42 , then we can expect a continuation of the fall to $0.17-0.18 Write in the comments the fundamental basis that we did not take into account in the analysis. Will the token rise or fall? _____________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
23