๐ฅโ HUGE UPDATE ON TWT AND POSITIVE FORECAST FROM CZ
๐ฅ Hi friends! HUGE UPDATE ON TWT. Trust Wallet added cross-chain swaps. Now coins from different blockchains can be exchanged within the wallet directly.
๐ WHAT IS A TRUST WALLET AND ITS LONG-TERM OPPORTUNITIES?
Trust wallet is a non-custodial wallet which is 4-year partner of Binance. As you already understood, all altcoins related to this crypto exchange are "guaranteed" to grow.
๐ปTWT started to grow after the FTX collapse. A lot of traders start to transfer money to non-custodial wallets such as Trust Wallet, MetaMask, SafePal.
โ CEO of Binance said that TrustWallet is the most downloadable wallet in the world. We can easily monetize it by adding a small fee for transactions within the wallet.
It is a good fundamental precondition to grow because Binance continues to invest in TWT. Maybe, it become the MAIN product of the Binance team in 2-3 years.
๐ TECHNICAL ANALYSIS
Now the price break the huge triangle and make +150%. Now I expect the pullback. The main precondition to pullback are the huge volumes at highs. There are always a pullback after such growth.
โ THE BEST PLACE TO LONG TWT:
๐ฅ $1.23 - important key level and order flow
๐ฅ $1.65 - local high and the key level
๐ฉ You will be lucky to buy TWT at such levels. These 2 key levels is HUGE support, because we use the higher timeframe (1W) to analyse the chart.
If the price doesn't return to the key level, I will make the updates with local scenario and the best place to open a trade on lower timeframes.
๐ฅMY TARGETS FOR TWT:
1. $2.7 - the local high and resistance
2. $8-9 - the mid-term(!) target according to global triangle height
Traders, is this idea useful for you? Write your thought about TWT in the comment! Does it have a chance to reach $10 in a 1 year?
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.
๐ WHAT IS A TRUST WALLET AND ITS LONG-TERM OPPORTUNITIES?
Trust wallet is a non-custodial wallet which is 4-year partner of Binance. As you already understood, all altcoins related to this crypto exchange are "guaranteed" to grow.
๐ปTWT started to grow after the FTX collapse. A lot of traders start to transfer money to non-custodial wallets such as Trust Wallet, MetaMask, SafePal.
โ CEO of Binance said that TrustWallet is the most downloadable wallet in the world. We can easily monetize it by adding a small fee for transactions within the wallet.
It is a good fundamental precondition to grow because Binance continues to invest in TWT. Maybe, it become the MAIN product of the Binance team in 2-3 years.
๐ TECHNICAL ANALYSIS
Now the price break the huge triangle and make +150%. Now I expect the pullback. The main precondition to pullback are the huge volumes at highs. There are always a pullback after such growth.
โ THE BEST PLACE TO LONG TWT:
๐ฅ $1.23 - important key level and order flow
๐ฅ $1.65 - local high and the key level
๐ฉ You will be lucky to buy TWT at such levels. These 2 key levels is HUGE support, because we use the higher timeframe (1W) to analyse the chart.
If the price doesn't return to the key level, I will make the updates with local scenario and the best place to open a trade on lower timeframes.
๐ฅMY TARGETS FOR TWT:
1. $2.7 - the local high and resistance
2. $8-9 - the mid-term(!) target according to global triangle height
Traders, is this idea useful for you? Write your thought about TWT in the comment! Does it have a chance to reach $10 in a 1 year?
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.
์กํฐ๋ธ ํธ๋ ์ด๋:
๐ฅHi friends! We got the reaction from the lower key level. TWT at 1.23-1.24 is like a gift. Already made +26% profit from the key level. Hope you open a trade and make money with us!
I recommend you pull up your stop loss in this case and book at least 20-30% of the profit.
I recommend you pull up your stop loss in this case and book at least 20-30% of the profit.
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