Hi friends! TWT is growing and reach huge resistance area but will it stop this altcoin? Don`t miss the nest entry point.
If you check the 1W timeframe you will see that TWT still in massive accumulation so the bull market begin it will have GREAT potential to grow. I think that $3-4 is real target for this alt. Agree?
Preconditions to open a local long: 1. local pullback to scare the retailers 2. volume growth which confirms the pressence of buyer. It would be nice to see huge orders at DOM. 3. squeeze to the trendline 4. bullish BTC
The local targets: $1.35 - key level $1.50 - key level
TWT reached the first target in this short idea but it`s not the main thing. The main thing is how the price test the key level and make a pullback. That is why you should use the key levels in your trading.
The DOM and Footprint indicators help me to find the whales orders close to such levels and open trades with high RR and low risk. I think the next time we shouldn't miss such entry point. As i said before this alt have a great potential. See it soon.
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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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