TWT is a very good project from a fundamental point of view and has a real product, which is why it is such an interesting project for investors. What can be said on the technical analysis side?
Right now the price is in a triangle. There is a lot of volume on the high, which is a bad signal. There is a liquidity area at the bottom.
If the price corrects into...
SNIPER STRATEGY (new version)
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TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
personally i imagine 3 scenarios for TWT that are described below . two green arrows are very optimistic and the red arrow seems very Pessimistic . there isn't enough enthusiasm in the market in case to break the ascending channel upward and form a new ascending channel above the recent one . in other hand there isn't any specific volume in the market which may...
TWT breakout confirms after the following cup and handle pattern. Right now facing an upward Resistance of 1.1746 if broken we can easily see our target achieved. DCA is important.
Short-term targets 1.32
mid term Targets 1.457 & 1.606
Our subscribers and readers under the idea: "An alternative scenario for the movement of BTC for 2021" asked to consider the TWTUSDT trading pair
And we heard them because they write that TWT is a promising token and the price can grow and grow.
Trust Wallet Token is up-trending inside that parallel channel and is trying to break bullish out of that wedge.
Current Price= 0.00001383
Buy Entry= 0.00001388 - 0.00001280
Take Profit= 0.00001654 | 0.00001988 | 0.00002578
Stop Loss= 0.00001078
Risk/Reward= 1:1.25 | 1:2.55 | 1:4.86
Expected Profit= +23.99% | +49.03% | +93.25%
Possible Loss= -19.19%
TWT has very strong fundamentals
Technically I see
-retest of the broken high(black line)
-Huge volume candle and correction that is now forming
Expecting price to reach 7-10 $ till the end of the year(or earlier)
Trust wallet token has broken the resistance.
the key level is 0.9 $ and we should consider this as stoploss, under 0.9.
target can Be 1.5, 2 and 2.7 in long term as we can see now.
Look for a good position in 4-hours time frame and wait for pullback and confirmation.
the next key level is 1$.
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