#TWT/USDT — Descending Triangle at Demand Zone!

1 ott

#TWT

The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.

We have a bearish trend on the RSI indicator that is about to be broken and retested, which supports the upward breakout.

There is a major support area in green at 1.21, representing a strong support point.

We are heading for consolidation above the 100 moving average.

Entry price: 1.25.
First target: 1.27.
Second target: 1.30.
Third target: 1.34.

Don't forget a simple matter: capital management.

When you reach the first target, save some money and then change your stop-loss order to an entry order.

For inquiries, please leave a comment.

Thank you.

6 giorni fa

Trade chiuso: obiettivo raggiunto

#TWT
First target: 1.27 Reached
Second target: 1.30 Reached
Third target: 1.34 Reached