TWTR dumped 13.62% (purple price range) after the bearish Supertrend Ninja signal (red vertical line on the background). Then the price pumped 14.61% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). TWTR is forming Leg C with a possible bull run to around to 70 USD (1.618) or 55 USD (1.0). Which is about 82% (orange price range) possible gain.
TWTR is about to break out of the Ichimoku Cloud , which is considered bullish . The RSI is starting to warm up for a bullrun at 71. RSI Brown at 103. If we take a look at the Average Directional Index ( ADX DI) its in the bullish zone, and pointing upwards. Currently TWTR is above its Upper Bollinger Band , Band Basis 20 Period SMA . And above the LSMA as well. A bullish trend is likely to happen.
Price and the RSI are still forming a higher low. Which is a bullish sign as well. Let the GAINS begin !!
Remember to always take profits and use proper risk management!
Thank you for reading. Namasteฬ ๐
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use: I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.