TWT has retested a key Fibonacci level at the bottom of a flag pattern, indicating potential for upward movement. Despite facing resistance on a short-term time frame, the strength of the daily candle suggests a bullish outlook. TWT has been consistently above my EMA’s, demonstrating sustained strength. I anticipate a swift price increase, with a target of the 1.618 Fibonacci level at $1.95.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD , RSI , Momentum, and resistance/support zones combined with patterns.
Comment:
Here’s another opportunity to long TWT. Bullish