On the 4 hour chart TWT has clearly bottomed at 1.2457. This asset does not usually stay below the MM200 for a long time and will soon seek its return above it, which is now at 2.1250.
A wedge has formed and we expect to break to the upside as TWT has great fundamentals. If it breaks out to the downside, it will likely go for bottom at 1.2758.
Normal movement, normal volatility, following BTC and traditional markets.
TWT is a governance token, which will be used by anyone who wants to participate in decision-making to add new support features, tokens and blockchain products. Also used to charge fees for submissions to the Trust Wallet repository.
Here are the supports and resistances:
S: 1.4718 / 1.2758
R: 1.5774 / 1.6778 / 2.1250
A wedge has formed and we expect to break to the upside as TWT has great fundamentals. If it breaks out to the downside, it will likely go for bottom at 1.2758.
Normal movement, normal volatility, following BTC and traditional markets.
TWT is a governance token, which will be used by anyone who wants to participate in decision-making to add new support features, tokens and blockchain products. Also used to charge fees for submissions to the Trust Wallet repository.
Here are the supports and resistances:
S: 1.4718 / 1.2758
R: 1.5774 / 1.6778 / 2.1250
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.