The Trust Wallet Token hit our 1.65000 target (chart at the bottom) much quicker than we anticipated and naturally turned extremely overbought on the 1D timeframe (RSI = 92.623, MACD = 0.152, ADX = 53.524). This 1D RSI is the heighest in TWT's history. If that alone isn't a sell signal, the 1D Golden Cross that was completed on Saturday is one. Even though that...
Above $1: TWT price action shows a significant rise above the psychological mark of $1. Golden Crossover: The 50-day EMA is rising, hinting at a potential golden crossover. Next Target: A jump above $1.15 could propel TWT to $1.35. Bitcoin's Influence: Altcoins like TWT are finding support as Bitcoin stabilizes around $28K. Bullish Turn: TWT has escaped the 50-day...
Sharp Jump: TWT price action shows a bullish breakout. Golden Crossover: The crucial EMAs are nearing a golden crossover. 200-day EMA: A close above this level could pump TWT to $1.25. Uptober Spirit: October has been bullish for TWT. Sideways Movement: Before the rally, TWT was between $0.80 and $0.95. 25% Jump: TWT has risen 25% in the last 12 days. Price...
TWTUSD has crossed today over both the 1D MA50 and MA100 with force turning overbought technically on the 1D timeframe (RSI = 72.444, MACD = 0.001, ADX = 22.204). It hasn't closed a candle over the 1D MA100 since January 29th 2023, so today's closing may be vital for the long term. Even though the 1D MA200 looms just under the R1 level (0.9885), we believe that...
Trust Wallet Token (TWTUSD) is trading within a Channel Down pattern since December 2022. Yesterday it touched the Support Zone and rebounded, making a Double Bottom structure so far. At the same time it is restrained by the 1D MA50 (blue trend-line) as the short-term Resistance. There is a medium-term Resistance Zone since mid-June within 0.9700 - 0.9915 and it's...
It is possible that it will remain a final upward wave for it to complete the last sub-wave before the start of a large decline for the shaded areas
TWTUSD almost hit two days ago the bottom of the 2 year Channel Up and by that made a technical Higher Low. Practically that is an incredible buy opportunity on a 1 year basis. The decline is almost the same (-74%) as the last Higher Lo on February 24th 2022. Trading Plan: 1. Buy on the current market price. Targets: 1. 1.4000 (Fibonacci 0.5). 2. 2.5000 (near...
The Trust Wallet Token (TWTUSD) broke yesterday above its 1D MA50 (blue trend-line) for the first time since December 16 2022. With the use of the Fibonacci Channel levels we can identify the long-term bullish trend that the token has been in since its inception, unaffected by the 2022 Bear Cycle. Three days ago it formed a 1D MA50/1D MA100 (green trend-line)...
The chart shows that the Trust Wallet Token(TWT) is in an oversold condition. The indicators used for identifying the oversold condition are the Bollinger Bands, the Relative Strength Index, and the Stochastics. They are all indicating that the condition is oversold and it is likely for a small bounce to the upside before continuing to the downside. All furter...
TWTUSD has broken out of a triangle structure very bullishly This breakout has occurred within an up channel I expect price to increase to the top of the channel, possibly even breaking the channel Looks Bullish
Moving Averages Learn what fits YOUR trading style Prefer short (& EXPONENTIAL) but have systems with medium & long to get different view $TWT showed BULLISH moving avg CROSSOVER Then traded ABOVE the avg's SAME chart DIFFERENT #'s 10 & 20 vs 10 & 80 Just copy paste Also had weekly view to help
The token is valued above average... a point outside the curve in this bad context. I would expect a pullback for a possible entry.
Not a financial advise. No problem for TWT until break down the acsending channel down side at the Horizontal Support at 0.92 level. The target for the current triangle is 4.7, don't look up for the direct target as shown on chart, but will take time. DYOR
One of the most bullish charts I have seen in a while previously 5 Eliot wave after that a cup and handle and now with a bigger cup and handle with a bullish flagpole bullish pattern
Trust Wallet TWT presented a bullish "Bartley" with a second low at the 88% retrace, broke out of the supply line, made a third higher low where it back-tested the breakout. Judging by the volume its a fight between the bulls and bears. But if the hidden bullish divergence is right on the MACD, the bulls will win. My targets are $1.42, $1.65, and $1.75.
Trust Wallet crypto analysis of the most used electronic wallet, token trust wallet (TWT), strong support on which the price bounces several times, cryto similar to that of Binance which shows a very large evolution BINANCE:TWTUSD .
Hello traders, another opportunity to set our trades and wait for pending orders to get filled. Let the games come to you nd enjoy. Tradehubng.