Sen_Shi

Since launch TWTUSDT was sitting in a steady price corridor, while most other coins were having exceptional volatility. Sooner or later, hype waves will pass and larger adoption will settle, empty tokens will disappear after burning through VC funds and ones capable of self-sustaining and generating revenue will stay and prosper. Wallet model is one of the most sustainable at it's core, and Trust Wallet has been profitable for more than a year already. Its revenues and profits are growing and this accumulation might explode into $7-$11 area to never come back. What we see now will be that tiny part of the chart that you see in ETH and other tokens as a long past opportunities. A bet on a real business model that serves people and generates real live revenue is what I see here. Backed by Binance and CZ himself, I see very little chances of dramatic price drop, at least if crypto in general has a future - TWT's chances to prosper there are higher than most other tokens.Thesis: buy accumulation, wait long-term and take profits at $7 to $9.

If US dips into publicly acknowledged recession in Q3, we might see crypto correction, as a benchmark - BTC to 12000 in autumn.I see this as an ultimate buying opportunity.Pros: recession is likely to happen crypto needs much more accumulation for a good bullrun than it has now I can't see a real bullrun without Fed pivot, only BTC/LTC/ETH speculations on banking collapse fear, it is not a proper fuel to 100k BTC.Cons: fiats hyperinflation might trigger earlier hype in crypto, then no such deep correction will occur Fed might make early changes to monetary policy to assure banking system safety, this will hurt crypto accumulation and cancel the dipI can't say we are on track, but there are signs

This nice flag has a large chance of breaking up and make another jump towards next resist level of around 31900. Good inflation reports might change the picture and cause BTC to go down instead, but given market mood, I am thinking we can see another solid jump to 31900.

A triangle should resolve soon, and it might have a strong bullish impulse towards 2600. I still think that there will be opportunity bu buy ETH at 750, 600 and 4000 (my buy levels for long term), so possible spike is a short-term idea.On log view it is clear that we reached growth limit for the moment, seems like good point to fix 5% gains and leave

ETH should make a small rally now as we see consolidation and stop of falling.But correction is not over and down movement inside a forming bear trend is possible towards a 720-800 target as:- a crossing of downtrend and support uptrend (after breaking uptrend)- strong consolidation levels of 2017 and 2018

Observable price growth on very low volume, might be bearish divergence which means price moving back to 3190 support.