#TWT/USDT is testing the resistance zone in 4-Hour TF!Expecting a rejection at resistance. BO/retest above the zone, open Long on rejection, open short.
TWTUSDT.P trade ideas
Breakout and Retest | Long Bias to 1.05Daily chart
Trust Wallet BINANCE:TWTUSDT has broken out and retested descending trend line.
It's trading at 9083 now
I expect TWT will go up to 1.05 soon
Wait for next move
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 🐋
TWTUSDT Potential 100%+ Growth in Sight! 🚀💎 In June, #TWTUSDT experienced a precise rejection from the 88.6% Fibonacci support at $0.71. Concurrently, the price rebounded from the downtrend support trendline, resulting in a swift 40% increase. However, for the subsequent month, the price remained relatively stagnant, until yesterday when a strong bullish candle emerged on the daily timeframe.
💎 This significant price action saw #TWT achieve a decisive break and close above the 50 Moving Average, signaling a potential shift in the long-term price direction. As long as the 88.6% Fibonacci support level remains untouched, #TWTUSDT is primed to exhibit over 100% growth in the days or weeks to come, buoyed by rapidly increasing trading volume.
💎 A major resistance zone awaits #TWT at $1.48, representing the confluence of two Fibonacci retracement levels (38.2% and 427.2%) and the Volume Profile resistance. This formidable price area demands close attention.
The MCP team is actively monitoring this opportunity as #TWTUSDT has the potential to become the next significant gainer in the near future. Stay alert and prepared, Paradisers! 🌴
Twt Looks Juicy Here Seems Like ready for Massive breakout formed & Breaking Descending Channel Incase Of Breakout expecting Move towards 2$
TWT: Falling Wedge BreakoutTrade setup : Bullish breakout from Falling Wedge pattern could signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend. Potential upside to $1.00 or even $1.20. This is a trend reversal trade setup, which is a higher risk trade since overall trend is still down.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is above MACD Signal Line (Bullish) but RSI ~ 50 (Neutral).
Support and Resistance : Nearest Support Zone is $0.70. The nearest Resistance Zone is $1.00, then $1.25.
TWTUSDT is inexorably going downHello everyone. Today let's look at the sad chart of TWTUSDT. For a very long time, the price goes under the trend line, and is not particularly going to change its direction. Therefore, it would be logical to expect that the coin will reach its previous local minimum of 0.7. The volatility of TWTUSDT is very small, so we are waiting for the price to move soon.
TWT: Falling WedgeTrade setup : After it got very oversold (RSI ~ 20), price bounced from $0.75 support and reached $1.00 level, where it got rejected. Overall trend is still down and price is also trading in a Falling Wedge pattern. We wait for a breakout, ideally above $1.00 that would signal that buyers have absorbed all the supply from sellers and price is ready to resume an uptrend.
Patterns : Falling Wedge Usually results in a bullish breakout. When price breaks the upper trend line the price is expected to trend higher. Emerging patterns (before a breakout occurs) can be traded by swing traders between the convergence lines; however, most traders should wait for a completed pattern with a breakout and then place a BUY order.
Trend : Downtrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Bearish (MACD Line is below MACD Signal Line, and RSI is below 45).
Support and Resistance : Nearest Support Zone is $0.90, which it broke, then $0.75. The nearest Resistance Zone is $1.00, then $1.25.
TWT long my entry on TWT is on 0.8881 and i don't think it's going to get alot further than that but i expect a lowest point of 0.874 as a stop while the first target is at 0.9303 and the second one is at 0.9620 ,, entry will probably be during the micro BTC liquidity pool which gonna happen very soon so, be careful,,
by the way i only post my personal trades here to keep track of some of my ideas and no one have to take em for granted :))
TWTDisclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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TWTUSDT wants the breakout?TWTUSDT has formed a V-shaped pattern, which is characterized by a sharp decline followed by a quick recovery. This pattern often indicates a significant shift in market sentiment from bearish to bullish.
However, it's important to note that the market requires increased volume to fully establish itself within a specific price range and create a breakout above the $1 level. Higher trading volume is often associated with increased market participation and can provide confirmation for a sustained upward movement.
According to our rules, a new long position could be considered if TWTUSDT satisfies specific criteria, such as a breakout above the $1 resistance level. This breakout would suggest a potential continuation of the bullish trend, and traders following our rules might consider opening long positions in anticipation of further price appreciation.
It's essential to wait for confirmation of the breakout, such as a strong and sustained price movement above $1, before initiating a long position. Additionally, implementing proper risk management techniques, including the use of stop-loss orders, is crucial to mitigate potential losses.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
TWT 10$ Hello, everyone!
Today, I want to talk about my favorite token that I've been accumulating recently. Perhaps you have heard of it or even use the Trust Wallet. This token has tremendous potential and can bring great benefits to its holders.
Trust Wallet is not just a cryptocurrency wallet; it is an entire ecosystem. The team behind it is actively developing the product and taking care of its users. Today, I want to share some impressive numbers:
The number of Trust Wallet users exceeds 60 million! This is an incredible figure that speaks to the platform's popularity and the trust users place in it.
The current market supply of the TWT token is less than 1 billion. This means that the demand for it can significantly impact its price.
Now, let's imagine a scenario: even if only 2% of Trust Wallet users want to enjoy the perks and discounts offered by TWT, it could drive the price up to $10-20. It sounds like a fantasy, doesn't it?
Of course, every market has its own dynamics, and no one can guarantee the future price of TWT. Personally, I would be thrilled to see the price reach $0.5, but it all depends on how the situation unfolds.
Therefore, I have always said that if you share the same goals as I do, calmly acquire TWT at a price below $1 and hold onto it.
TWTUSDTThe trend is in distribution phase if it breaks the HH then it will go upward and hits our TP,s.
Falling Wedge Alert on $TWT! Potential Reversal Opportunity? 💹Hey traders! Today, I want to share an exciting chart pattern I've identified on $TWT (Trust Wallet Token). Let's dive into the falling wedge pattern and explore the potential for a bullish reversal. 📊💡
Pattern: Falling Wedge 📉🔽
Symbol: $TWT 💰
Overview:
A falling wedge is a bullish chart pattern characterized by converging trendlines, with the upper trendline sloping downward and the lower trendline sloping upward. It typically indicates a potential reversal from bearish to bullish. Let's examine the falling wedge pattern on $TWT in more detail. ⚡💹
Key Features of the Falling Wedge on $TWT:
Converging Trendlines: Notice how the upper trendline connects the lower highs, while the lower trendline connects the higher lows. This pattern suggests a potential shift in market sentiment. 📈📉
Decreasing Volatility: Observe the gradual contraction of price range and decreasing trading volume as the pattern forms. These characteristics may signal diminishing selling pressure. 📉🔻📈
Breakout Expectations:
A falling wedge pattern often precedes a bullish breakout. Traders typically anticipate a decisive move above the upper trendline as confirmation. However, it is important to wait for a clear breakout before considering any trades. 🚀📈
Trading Strategy:
Entry Point: Consider entering a long position once $TWT convincingly breaks above the upper trendline of the falling wedge pattern. This breakout may suggest a potential trend reversal and the start of a bullish move. ⬆️💰
Stop-Loss: Set a stop-loss order below the lower trendline to manage risk and protect against potential downside. ⛔️📉
Target Levels: Identify potential resistance levels or previous swing highs as profit targets. Adjust your position size and take profits accordingly. 🎯📈
Risk Management:
Remember to implement proper risk management techniques, including position sizing, stop-loss orders, and adherence to your trading plan. It is crucial to carefully manage your risk exposure while trading $TWT or any other cryptocurrency. ⚠️💼💡
Disclaimer: Trading cryptocurrencies carries risks, and it is important to conduct your own analysis and seek professional advice before making any investment decisions.
#FallingWedge #TWT #Cryptocurrency #BullishReversal #TradingStrategy #TechnicalAnalysis #ProfitTargets #RiskManagement
In conclusion, the falling wedge pattern identified on $TWT indicates the potential for a bullish reversal. However, exercise caution and wait for a confirmed breakout before making any trading decisions. Stay tuned for further updates on $TWT! 🚀📊
(Note: This post is for informational purposes only and should not be considered as financial advice.) 💡💼📚
TWTUSDTNot an investment recommendation. This chart was made for personal study and personal use only. If you liked the idea, please like it. If not, write why. In my humble opinion, the price will go up.
Technical Analysis for "TWT/USDT: FALLING WEDGE PATTERN ?Technical Analysis for "TWT/USDT": Anticipated Price Bounce to 1.7016 within a Falling Wedge Pattern
When analyzing the TWT/USDT trading pair, one intriguing aspect to consider is the presence of a falling wedge pattern. This technical analysis will delve into this pattern in conjunction with the buying area and our expectation for a potential price bounce up to 1.7016 .
Typically, falling wedge patterns suggest a potential bullish reversal, as selling pressure diminishes over time, leading to a breakout towards the upside.
In line with this pattern, our analysis indicates a buying area within the range of 0.6858-0.7428. This range aligns with the lower trend line of the falling wedge and provides traders with an opportune entry point.
Taking into account both the falling wedge pattern and the buying area, we expect twt/USDT to experience a price bounce that could drive the pair towards the level of 1.7016.
In summary, within the TWT/USDT trading pair, the presence of a falling wedge pattern suggests a potential bullish reversal. The identified buying area of 0.6858-0.7428 aligns with the lower trend line of the pattern and serves as an attractive entry point.
#PLAN YOUR TRADE , TRADE YOUR PLAN.
TWT updateAfter I created a trade idea for TWT, this coin broke away from the support level and began to grow. Now, on the lower time frame, the chart has formed a bowl and handle pattern! And the price is at the resistance level, which is likely to be broken. Before the last drop, I did not sell a single TWT coin from my portfolio, unlike other coins. And I still expect good growth.
TWTTWT just works out technically, within the framework of the ascending channel. And although the Binance crypto exchange is currently having problems with regulation, this token is their product. Still, this coin remains one of my leaders. You also need to remember that a year ago this coin showed growth during the global fall of the cryptocurrency market. Now the price is at the trend support level. From where the reversal is likely to begin. And as soon as Binance settles its issues, in my opinion this coin will update its maximum.
TWTUSD ❕ broke up the resistancePrice is forming a long lower shadow.
The asset has fixed above 50EMA on the 1H Timeframe.
I believe the chart may bounce up after the TWT fixes above the resistance level.
TWTUSDTA good area to buy long on spot. It is also possible to buy with shoulders. An excellent project that attracted 60 million users to their wallets. After the events with crypto exchanges, he will only grow in value with his token. crypto assets, including NFTs, across 70 blockchains.
TWTUSDTWTUSD
Thoughts
On the 1-d TF, an uptrend is clearly visible. There was an attempt from buyers to form a local uptrend, but it was broken, and the price consolidated under $1.22, having come to the global support of the uptrend. The $1.22 level will be a serious resistance.
The price approached the buy zone, where you need to make a decision
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