I was scouting though possible gems to shoot during this small retracement. I've stumbled upon $TWT giving us a giant cup&handle, where handle is also a falling wedge.
Almost according to textbook the target is plain and simple. At the moment we are testing the breakout and our first target is 1.65 and then cup&handle target is 2$.
Watch the $BTC movement, because this prediction could be invalidated by market bearish movement.
Entry zone: 1-1.15$ (on breakout)
SL: 0.85$
Targets: 1.385 - 1.65 - 2$
It is not a financial advice. Do your own research. These are just my personal opinions.
Good luck.
Almost according to textbook the target is plain and simple. At the moment we are testing the breakout and our first target is 1.65 and then cup&handle target is 2$.
Watch the $BTC movement, because this prediction could be invalidated by market bearish movement.
Entry zone: 1-1.15$ (on breakout)
SL: 0.85$
Targets: 1.385 - 1.65 - 2$
It is not a financial advice. Do your own research. These are just my personal opinions.
Good luck.