BitcoinMacro

Trust Wallet retesting ATH vs USDT and the breakout is imminent

Long
BitcoinMacro Updated   
BINANCE:TWTUSDT   TWT / TetherUS
TWT is one of those tokens that are related to BNB given Binance's involvement in the project. Both it and SXP have done OK over the last few weeks, but in my opinion it could grow a lot more. Lots of people use the wallet and that number will most likely grow.

However in my opinion what is more important is that it has some sort of weird triple top in BTC terms, which when broken will potentially lead to much much higher prices. Not there yet so after it breaks this high it might not accelerate much, but based on the Yearly Fibonacci Pivots it could grow by 60% from here. Clearly it could grow a lot more and that's just the first target for now.

https://charts.cointrader.pro/snapshot/tcVTg


Trade closed: stop reached:
Pretty bad trade. I initially expect a little pullback, but both USD and BTC pairs where at resistance so there was no point in setting this as a trade.

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