๐ฅ๐ $5 for TWT: What happen to TWT after triangle breakout?
Hi friends! The most promising altcoin for the next bullrun. Trust wallet token (TWT) is a MetaMask wallet competitor. Binance, the largest exchange, and TWT cooperate with each other.
I think that Binance will help TWT to reach the targets that we will talk about in this idea.
๐ฅ Now the price of TWT consolidating inside the triangle and the range is narrowing. It means that the price can blow up soon. Do you remeber AXS which had the same consolidation before the PUMP? It was the top gainer of 2020-2021 which made 140-150x.
๐ฉ Additionally, you can see that all the crypto falls but not TWT. Even BTC fall to its bottom but TWT make the HL and can make HH. Strong bullish signal.
๐ My preconditions to open a long:
๐ฅ show the strength and beat 99% of crypto market. It confirms the pressence of buyer which support the price. It's really good for the upcoming growth.
๐ฅ squeeze to the upper boundary of the triangle
๐ฅ another chance to open a long is the test it as the support
๐ฅ volume growth at the test as the support show that buyers are ready to support the price
๐ฅ bullish BTC
๐ฉ Take a look on the chart. I make the second scenario for you. When the price break up the triangle and return to it (false breakout), it's a chance to open a nice short with target of $0.29-0.4.
๐ The 3 long targets for TWT:
1. $1.22 - the closest key level
2. $1.5 - the key level and ATH
3. $4.8-5 - just the technical long-term target if TWT break this triangle up. Also we need BTC will start it's new local bullrun at least.
โ I think that even $10-15-20 is really possible target for the $400 mln capitalization project.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
I think that Binance will help TWT to reach the targets that we will talk about in this idea.
๐ฅ Now the price of TWT consolidating inside the triangle and the range is narrowing. It means that the price can blow up soon. Do you remeber AXS which had the same consolidation before the PUMP? It was the top gainer of 2020-2021 which made 140-150x.
๐ฉ Additionally, you can see that all the crypto falls but not TWT. Even BTC fall to its bottom but TWT make the HL and can make HH. Strong bullish signal.
๐ My preconditions to open a long:
๐ฅ show the strength and beat 99% of crypto market. It confirms the pressence of buyer which support the price. It's really good for the upcoming growth.
๐ฅ squeeze to the upper boundary of the triangle
๐ฅ another chance to open a long is the test it as the support
๐ฅ volume growth at the test as the support show that buyers are ready to support the price
๐ฅ bullish BTC
๐ฉ Take a look on the chart. I make the second scenario for you. When the price break up the triangle and return to it (false breakout), it's a chance to open a nice short with target of $0.29-0.4.
๐ The 3 long targets for TWT:
1. $1.22 - the closest key level
2. $1.5 - the key level and ATH
3. $4.8-5 - just the technical long-term target if TWT break this triangle up. Also we need BTC will start it's new local bullrun at least.
โ I think that even $10-15-20 is really possible target for the $400 mln capitalization project.
๐ปFriends, press the "boost"๐ button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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