HEY, what's up guys ?!
Since 02 Nov 2021, when Lastly I updated Trust wallet coin , it has fluctuating in big triangle pattern .
it wasn't able to continue any uptrend as I expected !
but today as you see on the daily timeframe again for TWT/USDT , It was able to take over the lower support zone again , a little has jumped recently , now it's trading above 21EMA and can, rise more and test the resistance zone and descending trendline of triangle again , so in this case if be able to break it out ,it can reaches the higher targets , but otherwise it will more likely be rejected again at higher key zone , and will retest the lower support and vwap line again because it has been flat till now , and in the worst case , if it loses major support zone and the lower trendline ,it can even decline on the lower support level .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
Since 02 Nov 2021, when Lastly I updated Trust wallet coin , it has fluctuating in big triangle pattern .
it wasn't able to continue any uptrend as I expected !
but today as you see on the daily timeframe again for TWT/USDT , It was able to take over the lower support zone again , a little has jumped recently , now it's trading above 21EMA and can, rise more and test the resistance zone and descending trendline of triangle again , so in this case if be able to break it out ,it can reaches the higher targets , but otherwise it will more likely be rejected again at higher key zone , and will retest the lower support and vwap line again because it has been flat till now , and in the worst case , if it loses major support zone and the lower trendline ,it can even decline on the lower support level .
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💚 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
