TWTUSDT trade ideas
TWT long setupTWT has a very nice technical setup atm to go with its fundamental edge from being associated with Binance which is hot rn.
This is a very easy long on break of yellow line with good support on cyan line so stop below is good. Really you can buy up any dips towards the cyan with a stop below and feel pretty good about it (sure worked out in similar spot on left of the chart).
But what are all those lines?
The two pink lines are the 0.5fib retrace of previous run ups which put algos in play for playing these bounces.
The green lines are algo targets based on bounces from these 50s. Notice how the last peak was exactly at TP1 (darkest green) and how the TP1 of this bounce lands right on the wedge top trendline around $1 where one would expect a reaction. The light green lines are TP3s for the two fib pulls and the brightest neon green is TP2 for both which lands on exactly the same level.... I would bet on decent reaction there.
The top hot pink lines are common fib extensions for a wave 3 if we did indeed put in a 1-2, 1-2, but I am mostly focusing on the green targets.
Not financial advice, just sharing how I see setups. Granted in this recent bullish environment just grab a bag on the break and ride it till a TL fails...maybe it is the next 20X ;). I just might have a runner, but will also take profits with the algos.
Good Luck
TWTUSDT is testing the upper trendline 🦐the price tested the upper trendline and got the rejection. If the price will have a breakout upward, and flip the current 4h resistance into support, According to Plancton's strategy (check our Academy), we can set a nice order
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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 -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
TWTUSDTHello to you all. Mars Signals team wishes you high profits at all times.
While considering the beginning price of this token ever since it was offered and had a rise, we can see a retracing in the price after each of the rises.
We think that if the price is able to break its trend line, it would experience higher prices.
But if it is not able to break the line, the price will fail and will have a fall.
We can predict the price of this token at 1 dollar too in case of the market being able to keep this rising state intact.
You also need to keep this in mind too that if the market falls, this token would also follow suit.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!