TWTUSDT trade ideas
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for TWTUSDT
There are R2 and R1 as the resistance areas that contain the unsuccessful attempts of the price to rise. And S1 is our support area which expresses the support of the price at several points. Presently, we have the fluctuation of price on R1 and two scenarios are expected here. Either the price gives us some confirmation candles in order to rise and an increase will happen toward R2. Or the price will lose the support at the current area and faces a decline to S1. The point is to wait for some confirmation candles and then put your trade orders based on the correct condition.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TWTUSDT | There is a good entry point!Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌TWT coin is locally in a downtrend, this can be seen from the countertrend line. (Shown on the chart)
▫️I placed a crazy buy order (marked on the chart) for $0.9839 (-4% of the current price), the 0.236 Fibonacci zone is a local support zone.
💡There are just two options here, either the asset breaks through the countertrend soon and we fly to the 0.618 zone and catch a reversal from there, or we test 0.236 on the bitcoin correction and from there we are already going up.
🗯I chose a safer option, wait for the correction and enter a safer trade, if there is no correction, I will simply cancel my order😉
Can it sustain the breakout?We would like to consider TWT in the short term.
It showed very good growth over the summer, as we expected. Now we see a correction after this impulse and it is important to keep the zone around $0.9, since if it is broken through, a fall potential opens up to the lower border of the triangle at $0.65-0.7. There is a bad sign that we are getting closer to support and the buyer's reaction is no longer visible. In the case of the most negative scenario, we can see the breaking of the 0.70 zone and falling to 0.50, and I think such a scenario is possible with a very strong fall of bitcoin. In case of a negative scenario, we will close positions at breakeven in order to buy back lower.
TWTUST| Price came to local support, area of interest?Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉
📌Look how exactly the price tested the local support zone, it turns out that my squiggles work, but you didn’t believe?
📌At the moment, I don’t see any prospects for gaining a long position, I think it’s better to wait for the breakdown of the countertrend of the double line and try to gain a position from there.
📌 Guys this is not financial advice just sharing my thoughts on a chart.
TWT is going crazy🔥 What if it really happens?Hi friends! TWT is growing and reach huge resistance area but will it stop this altcoin? Don`t miss the nest entry point.
If you check the 1W timeframe you will see that TWT still in massive accumulation so the bull market begin it will have GREAT potential to grow. I think that $3-4 is real target for this alt. Agree?
Preconditions to open a local long:
1. local pullback to scare the retailers
2. volume growth which confirms the pressence of buyer. It would be nice to see huge orders at DOM.
3. squeeze to the trendline
4. bullish BTC
The local targets:
$1.35 - key level
$1.50 - key level
TWT reached the first target in this short idea but it`s not the main thing. The main thing is how the price test the key level and make a pullback. That is why you should use the key levels in your trading.
The DOM and Footprint indicators help me to find the whales orders close to such levels and open trades with high RR and low risk. I think the next time we shouldn't miss such entry point. As i said before this alt have a great potential. See it soon.
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
TWTUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for TWTUSDT
In the current chart, there are R2 and R1 as our resistance areas which both represent the unsuccessful triumphs of the price in order to rise. And S1 is the support line that shows the support of the price at some points. Here you observe that the price is fluctuating below R1 and thus two scenarios are predicted for it. Either the price is able to rise over R1 and by fixing there and giving us some confirmation candles, we will expect more rise for it to R2. Or it will lose the support here and fall to S1 or more.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
TWT analysis; (TWT/USDT Update)📈📉HEY, what's up guys ?!
Since 02 Nov 2021, when Lastly I updated Trust wallet coin , it has fluctuating in big triangle pattern .
it wasn't able to continue any uptrend as I expected !
but today as you see on the daily timeframe again for TWT/USDT , It was able to take over the lower support zone again , a little has jumped recently , now it's trading above 21EMA and can, rise more and test the resistance zone and descending trendline of triangle again , so in this case if be able to break it out ,it can reaches the higher targets , but otherwise it will more likely be rejected again at higher key zone , and will retest the lower support and vwap line again because it has been flat till now , and in the worst case , if it loses major support zone and the lower trendline ,it can even decline on the lower support level .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
TWT Multi-Year Triangle Pattern Calls for $1.4 TargetSince its inception, Trust Wallet Token (TWT) entered into a long period of consolidation, developing a symmetrical triangle formation. The multi-year symmetrical triangle pattern now calls for a retest of the upper resistance level around the $1.4 level.
Symmetrical Triangle Pattern
This multi-year pattern has the potential to continue driving the price action in the coming months unless we get a clear breakout on either side of the symmetrical triangle. First, TWT's price made a base near the $0.30 level, which was followed by a powerful uptrend topping out at $1.65.
A subsequent sell-off pushed TWT's price down to around the $0.45 level, generating another base from where we rallied again, but failed to reach the previous high. TWT topped again at $1.40 and sold off to $0.55 to form another base.
In the short-term, we have left the base, and if the same pattern repeats again then the current rally could fall below the March 2022 high of $1.40.
A weekly break and close above the $1.00 psychological level has the potential to cement the bullish case scenario.
RSI Oscillator
The weekly RSI has also broken above the 50 mid-level; the last two times this signal occurred, we had two powerful rallies. The bulls have the upper hand as long as the weekly RSI continues to print positive momentum readings.
$TWT looks good. A general bullish market will do it big good.I'm just going to use bullet points for pros and cons.
Pros:
* $TWT has basically been in a range for all of it existence.
* Price has been printing higher highs even within that range.
* One of the very few coins that has recovered the most from the dump.
* Price is approaching 3rd touch of the horizontal resistance.
* Target after the breakout is at least 200% and might be reached easily if the general market pumps.
Cons:
* Volume. I don't see convincing volume as price is approaching the breakout.