TWT/USDT #rank- 208 Fundamentals- TWT is a token of Trust wallet, Trust wallet is crypto currency wallet where you can buy crypto with your Debit/Credit cards. In that wallet you can store your crypto, you can collect NFT, you can stake your crypto and earn rewards, you can also exchange you cryptos. Its is a amazing project and has a high potential.
Technical analysis - TWT/USDT , as you can clearly see in the chart that TWT was moving in the rectangle pattern and it broke the resistance touched the calculated high and then took a reversal, which created the buying opportunity once again and booking some profits. Now, as we can see TWT has a support or previous resistance around $0.75, TWT can come to retest that support and that would be a good entry spot and if TWT doesn't hold that support and breaks below it that's why we will put an SL order. If TWT breaks the support its chart will become little bearish so in that case closing the trade would be a good option. That's why we will put the SL order . You all can also see the sell targets in the chart marked by the yellow line .
Entry - $0.88-$0.77 SL - $0.71
Sell targets - $1.09- $1.31- $1.52 - $1.91
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This will not go back down to 0.88 now. Any buy under $1 is a steal.
CryptoAnsh
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@SPBUkAus, i don't think so it can go for retesting the level and then it will become ready for the next round. And yes if you are aiming for long term any order under $1 is a steal.