- TWT is an extremely durable altcoin. During the bear market in 2021-2022 this coin held its value very well.
- The platform was acquired by Binance in July 2018. So there is a huge expectation for the Trust Wallet platform.
- The full Trust Wallet team is not public, but it is known to comprise over 20 individuals — many of which have overlapping roles at Binance.
- This altcoin can basically pump anytime soon, but we can also go sideways for another few months. I believe the value of this coin will increase.
- The price is making higher lows. The structure is very bullish on the weekly chart. We have an ascending parallel channel with a symmetrical triangle inside.
- The local uptrend started with a beautiful impulse wave, which is an amazing sign for the bulls. But, we don’t know yet when the correction ends.
- From my perspective, this altcoin provides a very low risk and pretty good reward, so it’s worth it.
- I expect tremendous gains for selected altcoins. You can find them in the related section down below.
Trust Wallet TWT – Very durable altcoin, when pump?
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Professional trader and analyst. My specialization is in Elliott Wave Theory, Fibonacci tools, chart patterns, candlesticks, and price action. To analyze market structure, I use market profile and volume profile in my trading system. To analyze trends, I use trendlines, VWAP, and simple moving averages.