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 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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Claim up to 600 USDT in welcome rewards & compete for a share of 5,000 USDT in BitMart Futures Contest!
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
➡ Register & Claim Bonus: bitmart.com/invite/VShg8M
➡ Join Contest: bitmart.com/futures-competition/Skyrexio/en-US
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
