pmehdipour13

random analysis on TWT daily time frame

BINANCE:TWTUSDT   TWT / TetherUS
personally i imagine 3 scenarios for TWT that are described below . two green arrows are very optimistic and the red arrow seems very Pessimistic . there isn't enough enthusiasm in the market in case to break the ascending channel upward and form a new ascending channel above the recent one . in other hand there isn't any specific volume in the market which may lead us to red arrow scenario . but that's a nice ascending channel and it seems that TWT is adhere to it .
i always search very deeply for any sign of bull trend starting and this time i found a very little nice HIDDEN divergence on RSI . let's see if it is enough for starting a new bull trend or not . only time can tell

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.