TWT USDT LONGLooks like we are in a triangle that will take time to breakout and reach the first target area
if volumes are high on TWT, we will see a very good first target above $1.3 to $2.1.
Stop loss in red
buy zone : the lower line of the triangle
3 scenarios that may happen :
1. breakout with high volume and close 1D above the triangle (positive) , Good entry for scalping
OR
2. Break down the triangle and close 1D below (Negative)
OR
3. remains in the triangle for a while, until breakout comes (likely to happen) .. requires more time..
Good Project & Good Team.. think for future .. it will be good.
( NOT a financial Advice)
Good Luck
TWTUSDT
TWT / USDT Daily chartHad to come back and do another analysis on TWT / USDT, this time on the daily time frame.
Big Symmetrical triangle pattern.
I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.25$
TG2 - 1.30$
TG3 - $1.36$
TG4 - 1.42$
TG5 - 1.51$
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I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
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About Trust Wallet Token:
"Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum , Binance and TRON blockchains.
Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app."
Source: Coinmarketcap
TWT / USDT 1H - Descending TriangleHere is how I would trade TWT / USDT 1H Chart. Descending Triangle formation with potential gains of approx 10%.
I recommend that you wait for a solid confirmation - then enter a long position.
Take profit ideas:
TG1 - 1.206$
TG2 - 1.228$
TG3 - 1.249$
TG4 - 1.27$
TG5 - 1.297$
-----------
I keep it simple and clean!
Likes, comments, and follows are dearly appreciated.
Let me know what you think and which ones you would like for me to analyze next.
Trade safely!
-----------
About Trust Wallet Token:
"Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.
Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app."
Source: Coinmarketcap
🔽TWT-Symmetrical triangle on key levelAfter setting new ATH on September 5th the price has been moving in a symmetrical triangle formation that sits beautifully on the key level (1.14) which is also a node of high volume.
All entries inside of the formation are valid, or even below the formation at local levels (green)
Targets:
1.13
1.39
1.55
1.65
-- then use upper trendline(green dashed) for last target -- then open --
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About TWT:
Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.
Holders of TWT tokens unlock a variety of benefits when using Trust Wallet, including discounts on in-app cryptocurrency purchases and on the use of decentralized exchange (DEX) services. TWT holders can also participate in the governance of Trust Wallet and can vote on Trust Wallet update proposals, helping to shape the development of the app.
Trust Wallet Token was initially launched as a BEP-2 asset on Binance Chain, but was relaunched as a BEP-20 token on Binance Smart Chain in October 2020.
Source: coinmarketcap
TWT - Bulls Going In!TWT showed multiple bullish corrections and every breakout has been a really strong breakout.
We are now seeing another breakout. Keep in mind that if we break below the ascending black trendline, our bullish outlook is invalidated.
Trade idea:
- Enter on breakout of correction with stops below the major ascending trendline
- Target the previous highs
Trust Wallet TWTUSDT - Secret GEM +1200% + Symmetrical triangle!-Trust Wallet Token - TWT - Rank #245 - Token.
- The chart is printing a huge symmetrical triangle. which is currently breaking out!
- First Impulse Elliott Wave finished succesfully.
- RSI is ready for a breakout to the upside.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
- Profit target is 1.618 FIB - around 17.5 USD!
#TRUSTWALLETTOKEN #TWT DAILY CHART TECHNICAL ANALYSISGiven the uptrend channel and the triangular pattern that forms after a strong uptrend and can be very similar to the flag pattern, it is likely that we will soon see the exit of the triangle from the ceiling.
If this happens, the targets are:
target1: 1.9$
target2: 2.4$
target3: 2.9$
stop loss: 0.88$
entry: 1.19-1.05
time: 2-8W
TWTUSDT Technical Analysis⏳ Spot
💎 TWTUSDT has broken above the descending channel, After the successful retest and Pullback it we see strong green candles which suggests it can continue the bullish move
🌐 Tradingview
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 1.1800 -1.1386
☕️ TP1 1.2500
🍺 TP2 1.3500
🍻 TP3 1.5000
🍾 TP4 1.6000
🍷 TP5
🍸 TP6
🍹 TP7
🎁 TP8
🚫 SL at your own risk
Good Luck 🎲
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TWT - where is the best place to buy 🤔❓The TWT chart shows a rather interesting picture. The price is squeezed into a symmetrical triangle. According to the rules, a symmetrical triangle is broken both up and down. But since we are now in a bull market, the priority is more for an upward move. A good buying opportunity could be after a squeeze and breakout of the triangle's upper boundary.
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.
most trusted & secure crypto wallet -( TWT/USDT Analysis )📉📈Market Cap: $393,341,918
Circulating Supply : 346,951,186.00 TWT
Max Supply:1,000,000,000
✅What Is Trust Wallet Token (TWT)✴️?
Trust Wallet Token, or TWT, is a simple BEP-20 utility token that provides a range of benefits and incentives to Trust Wallet users. Trust Wallet itself is a mobile cryptocurrency wallet that supports dozens of popular native assets, in addition to popular tokens on the Ethereum, Binance and TRON blockchains.
coinmarketcap - trustwallet.com
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📉📈TECHNICAL ANALYSIS
As you can see in the weekly time frame for TWT/USDT, the price is trading around 1.14 $ right now.
In the latest attempt, the TWT token was able to record a new ATH of about $ 1.65 on September 5,and already it has a good dynamic and static supports that we expect the price grow more and seeing new ATH . if it could being able to break up this weak downward trend line that almost formed a triangle , also before this it has formed a cup pattern that usually reflect a bullish cycle after this , it'll reach its TPs respectively .the breaking up scenario is most likely happen I guess ,based on recent green crypto market and btc situation . but be notice that as you probably know the correlation between btc and altcoin is really high in the most cases, so if BTC goes down than its current level in influences the altcoins price . also fluctuations usually would be very high in the November .
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tips:
💥(Note that most of my analysis on the weekly timeframe basis is more for long-term investment rather than short-term trading.)
🔰(Anyway, I highly recommend novice investors and traders to consider risk management and buying in a few steps) .
✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses give a big thumbs 👍 OR drop a comment 🗯💭
🙏with Best Regards
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?
TWT - where is the best place to buy 🤔❓TWT is a very good project from a fundamental point of view and has a real product, which is why it is such an interesting project for investors. What can be said on the technical analysis side?
Right now the price is in a triangle. There is a lot of volume on the high, which is a bad signal. There is a liquidity area at the bottom.
If the price corrects into this area, it could be a good place to buy. Or if the price comes to the upper boundary of the triangle and starts to squeeze, that could be a signal for a breakout and continuation of growth.
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.