Pembelian
TWTUSD Unaffected by the Bear Cycle, going to 2.700 and above.
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) Bearish Cross and as we see on the chart, this has most of the time historically been a bottom signal. As the price is supported right on the 1D MA200 (orange trend-line), we are expecting the green Channel Up to guide it upwards and once it closes above it, lead a rally back to the 2.700 and even the 2.0 Fibonacci extension slightly higher.
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Three days ago it formed a 1D MA50/1D MA100 (green trend-line) Bearish Cross and as we see on the chart, this has most of the time historically been a bottom signal. As the price is supported right on the 1D MA200 (orange trend-line), we are expecting the green Channel Up to guide it upwards and once it closes above it, lead a rally back to the 2.700 and even the 2.0 Fibonacci extension slightly higher.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! **
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I trade Crypto, Forex, Indices & Commodities on PrimeXBT — all from one account with TradingView charts 👉 tradingshot.short.gy/PrimeXBT
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
I also use TradeNation for fixed spreads & zero commission 👉 tradingshot.short.gy/Tradenation
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.