🔥🚀 $5 for TWT: What happen to TWT after triangle breakout?Hi friends! The most promising altcoin for the next bullrun. Trust wallet token (TWT) is a MetaMask wallet competitor. Binance, the largest exchange, and TWT cooperate with each other.
I think that Binance will help TWT to reach the targets that we will talk about in this idea.
🔥 Now the price of TWT consolidating inside the triangle and the range is narrowing. It means that the price can blow up soon. Do you remeber AXS which had the same consolidation before the PUMP? It was the top gainer of 2020-2021 which made 140-150x.
🚩 Additionally, you can see that all the crypto falls but not TWT. Even BTC fall to its bottom but TWT make the HL and can make HH. Strong bullish signal.
📊 My preconditions to open a long:
🔥 show the strength and beat 99% of crypto market. It confirms the pressence of buyer which support the price. It's really good for the upcoming growth.
🔥 squeeze to the upper boundary of the triangle
🔥 another chance to open a long is the test it as the support
🔥 volume growth at the test as the support show that buyers are ready to support the price
🔥 bullish BTC
🚩 Take a look on the chart. I make the second scenario for you. When the price break up the triangle and return to it (false breakout), it's a chance to open a nice short with target of $0.29-0.4.
📊 The 3 long targets for TWT:
1. $1.22 - the closest key level
2. $1.5 - the key level and ATH
3. $4.8-5 - just the technical long-term target if TWT break this triangle up. Also we need BTC will start it's new local bullrun at least.
✅ I think that even $10-15-20 is really possible target for the $400 mln capitalization project.
💻Friends, press the "boost"🚀 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.
TWTUSDT
Trust Wallet TWT - Very durable altcoin, when pump?
TWT is an extremely durable altcoin. During the bear market in 2021-2022 this coin held its value very well.
The platform was acquired by Binance in July 2018. So there is a huge expectation for the Trust Wallet platform.
The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance.
This altcoin can basically pump anytime soon, but we can also go sideways for another few months. I believe the value of this coin will increase.
The price is making higher lows. The structure is very bullish on the weekly chart. We have an ascending parallel channel with a symmetrical triangle inside.
The local uptrend started with a beautiful impulse wave, which is an amazing sign for the bulls. But, we don't know yet when the correction ends.
From my perspective, this altcoin provides a very low risk and pretty good reward, so it's worth it.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
For more analysis, hit "Like" and "Follow"!
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.
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 looks good. A general bullish market will do it big good.I'm just going to use bullet points for pros and cons.
Pros:
* $TWT has basically been in a range for all of it existence.
* Price has been printing higher highs even within that range.
* One of the very few coins that has recovered the most from the dump.
* Price is approaching 3rd touch of the horizontal resistance.
* Target after the breakout is at least 200% and might be reached easily if the general market pumps.
Cons:
* Volume. I don't see convincing volume as price is approaching the breakout.
SHORT-TWTUSDTtake a long position when touches the green line with a long position SL and take a short position if it closes below the green line and hard close and wait for a retest to close that long position if you are taking this trade then contact me for TP if hard closes below orange trend support then take a short position and mark orange dashed line as SL and take a long position with SL when touches trend support.
Trust Wallet TWTUSDT - The most bullish altcoin + Triangle!- TWT is currently one of the most bullish altcoin on the market as you can see on the weekly chart.
- We have an ascending triangle - very bullish pattern and you can buy now or buy a breakout above the neckline.
- The platform was acquired by Binance in July 2018.
- The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance.
- Profit target is around 10 USD (1.618 FIB extension from Wave (1) -> (2)).
- If we check the volume indicator, we can see there is absolutely no bearish pressure, which is good to see!
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
TWTUSDT Elliott Waves (Global Vision)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Like for me would be logical to see some decline in zone 0.55-0.6$,
and then will start new cycle of growth with minimal target about 3$.
Risk/Reward: 1 to 12
Stop: ~0.38
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
TRUST-USDTCoin of the Trust hot wallet, quite handy, with the possibility, recovery on a seed phrase, and support for many coins.
Coin repeating the price movements of bitcoin, stands in a rectangular consolidation. Nearest support 0.55-0.5, nearest resistance 0.7-0.88.
When bitcoin comes out of the sidewall, this coin can also be used for extra profits.
If you liked this article, please like it and subscribe to it, so as not to miss anything.
Always use STOP, and do not use a leverage higher than x3.
A trader must always have tomorrow.