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TWTUSDT

TWT/USDT - Trust Wallet Token: Triangle & Wedge◳◱ On the $TWT/ CRYPTOCAP:USDT chart, the Triangle & Wedge pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 1.1607 | 1.2045 | 1.3036 and support near 1.0616 | 1.0063 | 0.9072. Entering trades at 1.1882 could be strategic, aiming for the next resistance level. ◰◲ General info : ▣ Name: Trust Wallet Token ▣ Rank: 129 ▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Mexc, Hitbtc ▣ Category/Sector: Financial - Payment Platforms ▣ Overview: The Trust Wallet mobile app is a multi-currency crypto wallet that gives users access to a wide range of digital assets, and has a built-in DEX (for android users). Trust Wallet joined the Binance ecosystem in 2018 and is now the official crypto wallet of Binance Smart Chain (BSC). Trust Wallet Token (TWT) is a utility and governance token, native to the Trust Wallet and available on both the BEP-2 (Binance Chain) and BEP-20 (Binance Smart Chain) standards. Trust Wallet’s core modules are open-source and available for any developer to build on. The digital wallet mobile app has fiat on-boarding, allowing users to purchase crypto with credit cards. Trust Wallet has integrated with other DEXs such as Pancake Swap, Uniswap or Binance DEX so that users can buy, hold, and exchange their crypto-assets using a single interface. Trust Wallet supports buying, exchanging, and staking 160,000 crypto assets on 40 blockchains. The project’s overarching goal is to become the interface to all crypto by making it easier for users to access crypto services like dapps. ◰◲ Technical Metrics : ▣ Mrkt Price: 1.1882 ₮ ▣ 24HVol: 3,428,375.626 ₮ ▣ 24H Chng: 4.402% ▣ 7-Days Chng: 5.31% ▣ 1-Month Chng: 1.97% ▣ 3-Months Chng: -12.13% ◲◰ Pivot Points - Levels : ◥ Resistance: 1.1607 | 1.2045 | 1.3036 ◢ Support: 1.0616 | 1.0063 | 0.9072 ◱◳ Indicators recommendation : ▣ Oscillators: SELL ▣ Moving Averages: STRONG_BUY ◰◲ Technical Indicators Summary : BUY ◲◰ Sharpe Ratios : ▣ Last 30D: -0.10 ▣ Last 90D: -0.77 ▣ Last 1-Y: 0.01 ▣ Last 3-Y: 0.72 ◲◰ Volatility : ▣ Last 30D: 0.44 ▣ Last 90D: 0.65 ▣ Last 1-Y: 0.71 ▣ Last 3-Y: 1.17 ◳◰ Market Sentiment Index : ▣ News sentiment score is N/A ▣ Twitter sentiment score is 0.62 - Bullish ▣ Reddit sentiment score is 0.77 - V. Bullish ▣ In-depth TWTUSDT technical analysis on Tradingview TA page ▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated! ◲ Disclaimer Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk. ▣ Welcome to the home of charting big: TradingView Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30. Discover it here - affiliate link -
by Crypto2AF
TWT/USDT Primed for a Bullish Surge from Support Zone? 👀🚀TWT 💎 Paradisers, it's time to get ready for a promising opportunity with TWTUSDT, as it's showing signs of a potential bullish movement from the support zone. 💎 Our analysis has shown that #TrustWalletToken has consistently honored its support level on three occasions. Currently, there's a chance it might adhere to this level once again, initiating an upward trajectory. Despite the prevailing sell-side sentiment that could lead to a sudden drop and breach of demand, there remains a high probability for a bullish turnaround from beneath the support. 💎 Taking a closer look at this support level reveals its significance as a point of interest. Historical data indicates that when the price reaches this juncture, it often results in a strong, green candle, signifying robust liquidity at this level for #TWT. This pattern suggests that the price is likely to revisit this level. Should it break below this point, we could witness a significant bearish downturn.
Long
by MyCryptoParadise
4
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
TWT/USDT Possibility Bounce and Continue the upward Movement ??💎 TWT has undeniably attracted significant attention in the market. Currently, TWT is in the process of retesting the demand area at $1.15 - $1.05, which precedes the supply area. The previous breakout from the supply area was noteworthy, marked by substantial volume and a robust green candle. 💎 In the event of a successful retesting phase in the demand area, there is a likelihood that TWT's price will bounce, probability of resuming its upward trajectory and reaching our target in the supply area. 💎 The unfavorable scenario materializes if, during the retesting phase at the demand zone of $1.15 - $1.05, TWT struggles to maintain its position and experiences a breakdown. In such a case, TWT may revert to a bearish movement, potentially retracing to the strong support area.
by MyCryptoParadise
1
Awaiting TWT's recoveryHello everyone! After the announcement of the Web3 wallet from Binance, TWT started dumping and the token lost more than 30% from its peak price. Currently, I am observing price stabilization, and we can consider a small upward movement for a correction after the drop. The target of $1.61 aligns with the golden ratio at Fibonacci 0.618. Entry can be made after the breakout of 0.236 on the Fibonacci retracement, with a modest gain of only 15%. However, this could potentially lead to quick profits. Alternatively, a position can be opened from the current levels, resulting in a profit of 20%. These recommendations are for spot trading. If you want to try it on futures, I can advise entering strictly from 0.236 on the Fibonacci (at $1.40) and placing a stop loss at $1.33, which gives us a risk-to-reward ratio of 3:1 - a very good setup. Leverage should not exceed x5. Please note that this is not financial advice, and all trading activities are done at your own risk.
Long
by neverovv
🔥Trust Wallet Token Breaks An Important TrendlineTrust Wallet Trust fell by -74% from it's highs at $2.74. Most of retailers are wiped out. Now it breaks the trendline and going to the closest resistance at $1.06-1.11. The next 2 possible targets at $1.37 and 2.34. These targets can be reached but we need the growth Bitcoin above $29,400 and continuation of the growth. The altcoins will show the huge growth only in this case, so manage your risks! Trust Wallet Trust announced Trust Wallet v2.0 at the time when I am writing this idea. So the pullback is possible but not required. like❤️ and follow Check the links and get a BONUS🎁 from me👇
by Alex_Dehtiarov
3
TWT/USDT Secondary trend. Wedge. Pivot Zone. 08 2023Logarithm. Time frame 3 days. 🟡Secondary trend. All this downtrend has formed a descending wedge in the secondary trend, which is conditionally a bullish formation. Important levels breakthrough and consolidation of which depends on the development of the trend is indicated by arrows. Also showed the percentages from the reversal zone, if we go in a bullish direction. This is how this wedge looks like on a linear price chart. 🔴Local trend . It is worth noting that if the resistance at 0.9697 is not broken and there is an impulse by triggering a lot of stop-losses to long under the support at 0.8186, then the triangle may reformat into a double bottom with a flat top, provided that the zone of previous local lows is held. Major trend . Time frame 1 week. TWT/USD Main trend. Huge triangle 10 2022 Also on the chart in the main trend, the fractality of the pamp/dump of the so-called pamp zone can be seen. This is how the main trend now looks on the linear price chart.
Long
by SpartaBTC
27
TWT/USDT What's on the horizon? ? 👀 TWT Today Analysis💎 Paradisers, direct your attention to TWTUSDT! We've observed some captivating movements as it operates within the demand zone, hinting at upcoming possibilities. 💎 A closer examination reveals a descending channel pattern, with TWTUSDT recently approaching the channel's resistance line. This presents two potential outcomes: 💎 A breakout above the channel resistance, propelling a bullish ascent towards the bearish OB. 💎 Alternatively, a bullish trajectory could initiate from the .9689 demand level. 💎 However, tread with caution: if the price dips below the .9689 demand level, we might be looking at a pronounced bearish descent. 💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insight
by MyCryptoParadise_Simon
TWT: Approaching ResistanceTrade setup : Resistance at $1.00 remains a roadblock for TWT. It got rejected there 3x (bearish Head and Shoulders pattern) in August and it appears to have gotten rejected at $1.00 again now. Nevertheless, trends are improving after price rallied from $0.70 support on big volumes. We wait for price to definitively break and close above 200-day moving average and $1.00 resistance area to resume an Uptrend. Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening. Support and Resistance : Nearest Support Zone is $0.82 (previous resistance), then $0.70. The nearest Resistance Zone is $1.00, then $1.25.
Long
by altFINS
2
TWT Short Setup : Rising Wedge + AMD🚫The world of crypto can be full of surprises, and today, we're looking at the TWT token. It recently took a steep plunge from a colossal rising wedge pattern. However, before considering a short position, it's crucial to remember that trading is not just about patterns but also about market manipulation. 📊 The Rising Wedge Pattern: Rising wedges are typically bearish patterns, signaling a potential price decline. But in the realm of cryptocurrencies, it's essential to exercise caution, as market manipulation can play a significant role. 🚫📉 The Manipulation Factor: Detailed photo how AMD by wyckoff looks like : While technical patterns can offer valuable insights, it's essential to recognize that market manipulation can disrupt the traditional signals patterns provide. Traders should remain vigilant and not solely rely on patterns. 🃏 Trading Strategy: If you're considering a short position on TWT: Patience is Key: Wait for a retest of the wedge's border as resistance. This can provide a more favorable entry point. Risk Management: Use risk management tools like stop-loss orders to protect your investments. Stay Informed: Keep a close watch on TWT's performance and any market news that could impact your trading decisions. Conclusion: Trading in the crypto world is a blend of art and science, where patterns can offer insights, but market dynamics can be unpredictable. Recognize the influence of market manipulation and trade wisely. It's crucial to approach trading with caution, stay informed, and adapt your strategy to the ever-evolving market conditions. Remember that while patterns can guide your trading decisions, they're not infallible, and market manipulation can add an extra layer of complexity. ❗️Get my 3 crypto trading indicators for FREE! Link below🔑
by AlexWhale
Update TWTUSDT From the data on the chart, we find that it achieved a triple rise with extended flats, and this was a correction for the five waves descending from the peak, and now it is preparing to make another five-wave decline for the shaded area below. Please clarify that I am helping you with my point of view, which may be right or wrong, and see my previous analyzes of many currencies and forex in order to judge the owner of this analysis with a more accurate look Good luck
Short
by KhaldHegazy
TWT GLOBAL VISION ELLIOTT WAVEHi traders, Want to present you my global vision of TWTUSDT (Trust Wallet Token) TWT made a FULL IMPULSE (1-2-3-4-5) Cycle. It was complete in very clear way, even can say that its looks like a book example: -Wave 4 was a clear triangle "abcde" with its own subwaves - each abc -Wave 5 was a clear 5w impulse NOW SOME TYPE OF GLOBAL CORRECTION IS HAPPENING ( ABC zigzag with its own subwaves IMHO) -My point is that wave A was set in a shape of leading diagonal with its own 5 subwaves -Now we are observing Wave B development -Because Wave A was a 5w structure we can assume that whole ABC will be 5-3-5 structure So I expect wave B will be structured in 3 waves and will end on one of the Fibo levels (50-61,8-78,6). It can become a complex Wave so it can be devided in its own abc structures. Lets go step by step with market structure and always remember to control our risks first!
by PauloRicci
1
TWT/USDT Crucial Level. Break the resistance or Down is coming!💎 TWT has certainly caught our attention. Currently, it's grappling with a pivotal resistance zone, having faced multiple rejections in previous attempts. However, TWT is making another ambitious push, following a significant bullish rally after breaking out of a descending channel pattern. 💎 The recent upward trajectory post-pattern breakout is evident, and the daily closing candle showcases a promising bullish stance. Yet, it's essential to note that a confirmed bullish trend can't be established unless TWT successfully breaches this formidable resistance. 💎 Should TWT face another rejection, we might witness a retracement towards the nearby support zone. This support is vital for TWT; a strong bounce is needed upon contact. Failing to hold this support could see TWT descending further towards the demand zone.
by MyCryptoParadise
TWT: Resistance BreakoutTrade setup : After getting rejected 3x (bearish Head and Shoulders pattern) near $1.00 resistance, price pulled back as low as $0.70 support. Now it’s broken back above $0.82 resistance, with huge volumes. However, it needs to break above 200-day moving average and $1.00 resistance area to resume an Uptrend. Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis. Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55). Support and Resistance : Nearest Support Zone is $0.70. The nearest Resistance Zone is $0.82, which it broke, then $1.00.
Long
by altFINS
TWTUSDTThis is a 1D frame analysis for TWTUSDT Currently, the price is fluctuating between the first support and resistance levels and the price can experience a sideways movement between these two levels. However, keep in mind that if the price can break out of either level and establish itself in that region, it can start to trend in that direction. Currently, the price does not have the strength to go up and is moving towards the first support line. The first support line has been able to push the price up several times and until it can break above the first support line, it can experience growth or range movement. But if it cannot establish itself above the first support line and moves below that region, we can consider the second support line.
by MarsSignals
TWTUSDTThis is a 1D frame analysis for TWTUSDT As you can see, the price has not been able to stay on our support area which is currently playing a resistance role and is being pressured by strong selling pressure towards the next support line. The price is currently on our support area and we can say that it does not have enough power to rise and the price is falling. However, if this area is lost, we can consider an attractive price for buying this coin at point S2.
Long
by MarsSignals
4
TWT/USD Main trend. Huge triangle (like BTC in 2020)Logarithm. Time frame 3 days. Main trend. Linear, to show the trend and formation by removing the “market noise” (squeezes). Coin in coinmarcetcap: Trust Wallet Token(TWT) A huge symmetrical triangle has formed. Similar to the BTC/USD crypto market brand in 2020 before a super takeout of over -40% (03 2020) and subsequent super price rise of over +518% Was doing the idea of learning/trading on reversal zones at the time by showing this triangle formation (previously posted this triangle 1.5 years before it formed). It simply had to be formed before the market reversed, previously squeezing out all the “smart” and stupid passengers, first of all the first, but very docile ones. Trading by trends and important areas using the example of BTC Super price drop 03 2020 Will this very promise crypto coin from Binance + DOGE + twitter + Ilon Musk position have the same “instant” super price drop by squeeze (whole market under world events) or a smooth working from triangle targets with base over 400%? I can't know, and no one knows. Including those with price influence. You don't need to know that to make money. If there will be a reset of passengers like in March 2020, take your chance, don't be afraid and don't be greedy. The pivot areas are shown in yellow. Maybe a triangle may work out according to the classic TA. The price is now at its resistance. Read my articles about working with a breakdown and pullback after a breakdown and how to limit risks and protect profits. Trading will not be something risky and unpredictable for you. Everything is about what/which you are here and now (experience and knowledge), not guessing the price movement. Limit your risks, stay out of the market early, protect your profits, be prepared not only for your more likely scenario, but also for the less likely one. It's worth noting that the twt/btc price is at specific XXX. I have attached my previous TWT ideas below, take a look. There's a couple to BTC there. Locally, the pivot zone and resistance of this big triangle. The time frame is 1 day. PS . Forget for a long time about margin in large positions. Applies to all cryptocurrencies. You will be happy, calm and profitable, unlike "others".
by SpartaBTC
18