The largest crypto wallet Trust Wallet (TWT) announces Trust Launchpool.
And what token, I wonder, will need to be staked to farm tokens? Those who like to say that#TWThas no use and future - your way out 👌
The price of#TWThas been in a downtrend for a very long time. As you can see from the P73 Trend & Target Dynamics on the daily TF, shorting it since April was more profitable. BUT after growing against the entire market in 2022, it corrected throughout 2023. Also against the entire market.
Now on the daily TF, the asset is in an uptrend with targets of $ 1.0127 and $ 1.0638. And so far everything suggests continued growth. But earlier in this trend, the basic stop was knocked out by manipulative rumors about a hack, which were never confirmed. Which suggests that this $0.7158 move was a long squeeze. Are we waiting for a reversal?
On the weekly TF, after working out both basic targets, the asset is declining, but has not moved into the DOWN zone, although it knocked out the stop. The first week of September showed a signal for an upward reversal, but the low was still updated. In history, such a reversal signal was 5 times. Of these, two times ended in huge pumps, two were broken, giving the opportunity to set a stop at breakeven, and one was broken without such an opportunity.
