TWTUSDT trade ideas
TWT/USDT - The coin has found its support Hello everyone, analyzed the TWT/USDT pair
As I wrote earlier in myself on the channel, it makes sense to look at this coin.
I can emphasize that at this time, the coin has found support near the level of 0.5884 $
Therefore, you can try to work from purchases starting from the range of 0.5884-0.6250 $
The stop can be placed under the $ 0.5500 mark. This is an important level of the trend reversal and the price hike to the second block of the buyer.
If you take purchases now, then
The target price levels will be : 0,6850 - 0,7450 - 0,8028 0,8645 $
It is also worth noting that now
the market looks boring, maybe only on the weekend, but next week may again present opportunities for the patient.
In general, everything looks so far as if some big player market makers are simply selling off the remnants of their positions, and only coins that simply did not have time to sell out on the main cycle of January-February are growing.
The fibo levels again coincide with the support and resistance levels. You can use these values for your own takeprofits.
You need to be extremely careful. Bitcoin paints a bad picture with acquisitions, as well as the rate has increased, which suggests that
Trade with your trading system, do not overestimate the lot in the position and do not overestimate the risk management.
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LINK IN BIO
TWTUSD - D1 Projection 📈Price has been forming higher highs and higher lows inside of an ascending parallel channel, and has just bounced of the support line of the channel. We expect price to grow towards the channel resistance line. Our next target is $1.4
Trust Wallet Token, is a simple BEP-20 utility token on Binance Smart Chain that provides a range of benefits and incentives to Trust Wallet users. Holders of TWT tokens benefit when using Trust Wallet, get discounts on in-app crypto 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. Get TWT on BINANCE exchange.
🆓Trust Wallet Token/USDT Analysis (16/3) #TWT $TWTTWT has just conquered the 0.6$ zone and now it is on the way to 0.75$ zone and try to archive the year target at 1$ zone
📈BUY
-Buy: 0.585-0.615$. SL if B
📉SELL
-Sell: 0.73-0.77$. SL if A
-Sell: 0.95-1$. SL if A
♻️BACK-UP
-Sell: 0.585-0.615$ if B. SL if A
-Buy: 0.475-0.5$. SL if B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
TWT will soon complete the expanded flat correctionTWT will soon complete the expanded flat correction . This means that the trend to the upside will resume and we can expect a target of a 1.618 extension from wave 1. The stop loss is put below wave 1 because that would invalidate the idea. There is no exact entry target so I am planning to just dollar cost average in at the buy zone personally.
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