TWTUSDT trade ideas
TWTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
The price has formed an inverse head-and-shoulders. As you can see, the price now is at the bottom of the trend line drawn. We expect it to go up and break the target prices.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
TWT... strong oneYOUR LIKE OR COMMENT IS MY FUEL FOR NEXT ANALYSIS :)
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TWTUSDT (TRUST WALLET TOKEN) - POTENTIAL BUY ENTRY ANALYSIS 🔎
- TWTUSDT hit an ATH
- The market then retraced, rejecting the ascending channel (AC) resistance and breaking down below the minor ascending channel (MAC) support.
- Price is retesting the ascending channel (AC) support and 0.618 fibonacci retracement level.
- There's a relatively high concentration of buyers at this retest zone.
- The retracement is bounded in the minor descending channel (MDC).
- A breakout above the minor descending channel (MDC) resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Breakout above the minor descending channel (MDC) resistance and the previous swing high horizontal resistance level (R1).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending channel (AC) and previous swing low horizontal support level (S1).