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CryptoW1neer
Sep 11, 2022 4:57 AM

TWTUSDT | There is a good entry point! Long

TWT / TetherUSBinance

Description

Hello everyone, I wrote a new idea for you. I think it's easy to like and subscribe to the channel, thanks😉

📌TWT coin is locally in a downtrend, this can be seen from the countertrend line. (Shown on the chart)

▫️I placed a crazy buy order (marked on the chart) for $0.9839 (-4% of the current price), the 0.236 Fibonacci zone is a local support zone.

💡There are just two options here, either the asset breaks through the countertrend soon and we fly to the 0.618 zone and catch a reversal from there, or we test 0.236 on the bitcoin correction and from there we are already going up.

🗯I chose a safer option, wait for the correction and enter a safer trade, if there is no correction, I will simply cancel my order😉
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