TWT / TetherUS
Long

🔥 TWT Triangle Pending Break Out

835
Some time ago I made an analysis on TWT and the Fibonacci reversal we found. In the end, we didn't reach the $2.75 value, but still got a nice 10% move. The low at $1.82 held, so the signal is still valid.

🔥 TWT Perfect Fibonacci Bounce: New All-Time Highs Incoming?


Currently, I'm looking at a different pattern on this asset. Over the course of the last two weeks or so, a clear triangle pattern can be drawn on the chart.

In my view, the most likely break out will be a bullish one. In case of a confirmed break out, I'm looking at the blue lines as potential profit targets.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.