TWTUSDT.P trade ideas
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
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.
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.
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#TWT/USDT is testing the Diagonal Trendline in 4-Hour TF!#TWT/USDT is testing the Diagonal Trendline in 4-Hour TF!
$TWT need to hold the Support zone to retest the PWH resistance zone.
Wait for Zone breakdown and retest to short it.
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
trust wallet pumpthis recent pump brought us above the 200day ma If we can create a solid support here 3 daily closes above 200ma i believe that we can see a continue to the next resistance
tp1 1.08
tp2 1.32
TWT Token: NASDAQ's Bullish SurgeTrust Wallet Token (TWT) has exhibited a remarkable history of bullish behavior on NASDAQ. Since its inception, TWT has been on a consistent upward trajectory. This bullish trend can be attributed to several key factors.
Firstly, Trust Wallet Token gained significant attention due to its association with Binance, one of the world's largest cryptocurrency exchanges. This affiliation brought credibility and exposure to the token, attracting both retail and institutional investors.
Secondly, TWT's utility within the Trust Wallet ecosystem fueled its demand. Users can stake, trade, and earn rewards with TWT, enhancing its value proposition.
Additionally, the broader adoption of cryptocurrencies and decentralized finance (DeFi) contributed to TWT's rise. As interest in DeFi projects grew, TWT found itself in the spotlight as an integral part of this ecosystem.
Moreover, technical indicators such as the Relative Strength Index (RSI) and Simple Moving Averages (SMA) consistently signaled a bullish sentiment, reinforcing investor confidence.
In summary, Trust Wallet Token's bullish behavior on NASDAQ stems from its strong fundamentals, association with a reputable exchange, and its role in the DeFi sector. This history of positive performance suggests that TWT may continue to attract attention and investment in the cryptocurrency market.
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!
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.
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.
twtusdtIt is in a resistance zone in the red lines and we have a small support zone in the green box and finally in the green line. Any upward movement can be corrected by hitting the green lines.
TWT - BullishIt has printed series of HH and HL, and formed the bullish flag pattern, with no bearish divergence noted so far. Aiming to enter long trade at the breakout of the flag with SL set below last HL and TP at 1:1 R/R ratio.
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.
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.
#TWT/USDT - Long - Potential 2.25%DIRECTION: LONG
MARKET: SPOT/FUTURES
RISK: 0.25% - 1%
#USDT_TWT
EXCHANGE: BINANCE
TIMEFRAME: 60
BUY: 0.8002
TARGET: 0.8182
STOP: 0.7933
Entry Conditions:
| Early uptrend - short target incase consolidation continues
| Bounce from local support
| Short term trendline break
TWTUSDT Altcoin Trade Set-upFor the short - I am looking for a deviation of this current range. I have a deviation Fibonacci level in line with impulse volume data. I will use order flow looking for aggression into this level to trigger my short. I always take first profit after 1% and move stop loss to entry to secure the win.
For the long set up - i will be looking for liquidity to be taken of the recent lows and to bounce from the blue line - the value area low. 2 ways i can go about this trade - if we get aggression i can look for a sniper entry or we can wait for a HTF close above the level and enter upon a backtest.
TWT - bounce is possibleHi guys hope you are doing fine. Im expecting that TWT will go up soon to test the daily resistance level. This would mean 40-50% increase in price. This project is very strong so Im accumulating as much as I can. In the next bullrun it can go easily to 6-10$, maybe even more. TWT is not on futures to avoid price manipulations, this is for reason in my opinion. The price stays very healthy in very bearish conditions. Regards!
TWTUSD ❕ reversal signalTD Sequential formed an up reversal signal (4H and 30m TFs)
The price reacted instantly when the support level was reached.
I expect a reversal on holding support.
TWT. Dark horse.Overall, it's reasonable to try going long from here... But I don't quite understand TWT fundamental value and the price fluctuations look wild to me. In any case, purely technically, we have a global ascending channel... Relying only on it, you can try to trade. Good luck!
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".
TWTUSDT 1W LONG📈Hi all. Timeframe - 1 week. The main trend is an upward channel. Secondary - descending wedge. I consider a long position during a rollback/false breakout of a weekly candle. It is safer to break/retest up the wedge.
