TWT Is Exploding Now!Hello, guys!
TWT price formed the ascending triangle, the price bounced off the CPR level and breaking through the triangle's upper band now.
The potential target 1 coincides with triangle's height and the R2 pivot level ($0.74 )
The second target is the R3 pivot level of $0.81.
The price can bounce off the upper band of the triangle to the downside but the upward trendline is a strong support during this bull run. Thus, there is a high probability that this triangle will be broken to the upside very soon.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Twt
TWTUSDT (TRUST WALLET TOKEN) - POTENTIAL BREAKOUT ANALYSIS 🔎
- TWTUSDT is testing the ascending channel support.
- Price action is printing the inverse head and shoulders pattern.
- There's a breakout potential.
- This is double trade setup.
FIRST SETUP
- Buy entry⬆️: breakout above the inverse head and shoulders neckline resistance
- Targets 🎯: first fibonacci extension levels, swing high resistance (R1).
- Setup invalidation ❌: breakdown below the right shoulder support level (S1).
SECOND SETUP
- Buy entry ⬆️: breakout above the swing high resistance (R1).
- Targets 🎯: second fibonacci extension levels, ascending channel resistance.
- Setup invalidation ❌: breakdown below the ascending channel support.
Do not sell our 100 twt airdrop (give-away)I would say you can buy a ilttle bag for now and watch out it may dip a little futher
I don't really think that will dip drasticly buy it way go to the blue ligne it's totally possible
TWT I will say it's another hole investement perspective cause it's a promosessiong trust proeject that endurent and powered up buy binance so i would say it's a sturdy project btw I'm not a team's member but this my thought on that project !
Have a nice one and remember this is own personnal perspective on that project that I do share with you guys for FrEe !
Happy trading folks ^_^
Trust wallet token (TWT)Binance's crypto wallet app token. I expect a strong rise in the price, as crypto is getting more known and accesible through this app. Moreover, signals are looking good, descending wedge.
However, price is highly volitile, so don't forget to place a stop-loss.