Energywebtoken
EWT/USDT Major trend. Channel -93% US Energy Sector 11 2023Logarithm. Time frame 1 week.
Cryptocurrency in coinmarketcap: Energy Web Token.
Of the liquid exchanges, it is traded on KuCoin, Kraken (USA), Gate.io.
Downward channel. At the zone of its meridian a descending wedge has formed in the secondary trend. The percentages to the key zones of support/resistance levels are shown on the chart. It is more rational to work from the average buy/sell price, as we are already in the first capitulation zone.
Decline from the low (liquidity) -93%.
We are in the first so-called capitulation zone.
This is not the maximum value for altcoins of such liquidity.
The range of the maximum capitulation zone is shown on the price chart, which is the range of the downward volatility channel and understanding of market cycles and chart logic, i.e. price movement.
Also shown on the chart are conventionally maximum averaged (from the average price) potential market phase targets (not "one-step" pump/dump due to low liquidity at good times, but specifically trends):
1) "participation" (bullish trend development towards the reset zone, i.e. distribution).
2) distribution. .
Capitalization is low. There is no HYIP (the project and the meaning is different), it is not a one-step profit from nothing. Suitable for investment if you understand "who and for what", will or will not be able to realize the intended (not speculation, because it is easier to simply under the "hamster time" given the liquidity) is another matter.
Fundamental basis . That is, what it is and what it is for.
This is a so-called real project. It is not created for cryptocurrency hype and speculation (money from nothing). Until everything is ready, then the price does not matter. In the project previously invested a large capital not speculative, but more far-sighted direction, which is interested exactly in the development of the project's intent in the field of energy and control in the United States in the first place, and not in speculation.
The Energy Web Token (EWT) is the operating token underlying the Energy Web Chain, a blockchain-based virtual machine designed to support and further develop applications for the energy sector. In times of blackout, it will be relevant.
The Energy Web Token is a joint project between Rocky Mountain Institute (RMI) and Grid Singularity (GSy).
Rocky Mountain Institute (RMI) is a leader in research and development in the energy sector. As a renowned think tank, RMI has been involved in many groundbreaking projects in the energy sector. By creating the Energy Web Chain, RMI wanted to harness the decentralized power of blockchain technology to enable participants in the energy sector to develop new decentralized solutions.
Grid Singularity ( GSy ) brought blockchain expertise to the project. As a blockchain developer, GSy was the driving force behind the creation of the Energy Web Chain. Together with renowned experts, key Ethereum blockchain developers, experienced energy executives and energy regulators, GSy was an integral part of the EWT launch.
Given that the Energy Web Chain network is designed for enterprise use , it supports state-of-the-art scalability and data privacy. The Foundation also recently released a comprehensive technology solution called the Energy Web Decentralized Operating System (EW-DOS). This allows users to monitor and manage their electrical systems online.
Line chart to visualize this downward channel and the logic of the wedges in it.
Secondary trend. Downward wedge zone. Time frame 3 days.
EWT/USDT Secondary trend. Downward wedge zone. 4 11 2023Logarithm. Downward wedge zone. Time frame 3 days.
A descending wedge is forming in the descending channel (the main trend). Almost in the final phase of its formation.
Decrease from the price minimum in the main trend -93%.
We are in the first zone of so-called capitulation.
This is not the maximum value for altcoins of such liquidity.
The range of the maximum capitulation zone is shown on the price chart, which is the range of the downward channel (main trend) of volatility.
Cryptocurrency in coinmarketcap: Energy Web Token.
From liquid exchanges traded on KuCoin, Kraken (USA), Gate.io.
Repeatability of fractal wedge logic (secondary trend) in the downward channel (primary trend).
Local resistance zones in the realization of the figure's goals after breaking through the resistance of the wedge (breaking the downward trend of price movement). Fractal projection on identical zones now.
Main trend (to understand the given zone of the wedge in it).
EWT/USDT Major trend. Channel -93% US Energy Sector 11 2023
$EWT Energy Web Token in a Falling Wedge ...Low risk Buy!AMEX:EWT Energy Web Token Price action has been in a falling wedge for over two years!
Current price: $2.6
Currently a very low risk buy! At its all time high, AMEX:EWT price action reached a height of approximately $23.
A break out of falling wedge will lead to resistances above: 3.1, 5.2, 7.7, 10.9, 14, 17, 19.5, 23.4
The Falling channel of $EWT Energy Web Token - Low Risk buy?AMEX:EWT Energy Web Token has remained in a massive falling channel for months. Will it Rise? Low risk Buy opportunity?
Price action is currently at the upper range of it's falling Channel
@energywebx Current price: $1.96
I am biased on this one, It is one of my favourites..
CYPTOCAP:EWT #EWT Up Resistances: 2.06, 2.9, 3.8, 4.8, 5.6, 6.6, 7.7, 8.8, 9.6, 10.7
EWT Building an out of bear market move!Energy Web Token.
EWT has shown some decent strength in this bear market, but not soo much as of late. I think this recent downtrend might soon be at an end.
As we can the price is at the bottom of the it's bear market for as possible double bottom and the indicators are higher and showing signs of turning.
Lets take a look at the indicators
1 Volume, it has increased during the bear market
2 The RSI although not very strong is showing bullish divergence
3 The TDI is showing similar signs to the RSI
4 Stochastics RSI has bottomed
5 RCI3 lines has also bottomed
We are waiting for 4 & 5 to cross up. Once this happens it will show the momentum in this next move building and imminent. Both are circled on the chart.
My Price target would be @ the $7.60 (1.618 fib) to $10.75 (2.618 fib) area. That is based off of it's recent move in the bear market. There is also another price of interest, $9.26 area would be the .236 fib area from it's bull market peak. this also lines up with another resistance level in prices so this price is most likely. Then you would look for for it to catch support at top of the bear market resistance level (shaded area) @ $4.85 area.
kind regards
WeAreSat0shi
Energy Web Token (EWT)Energy Web Token is the operational token behind the Energy Web Chain, a blockchain-based virtual machine designed to support and further application development for the energy sector. Technical-wise; after the impulse wave ended, EWT entered a corrective phase and still going down. It seems a downtrend channel is formed and have to wait for the price to break this channel first. Also, there is a horizontal support/resistance area which price will probably react to it.
This is the literal BOTTOM for Energy Web Token (EWT)EWT has broken out of a 2.5 year downtrend which markt the literal bottom if I know anything about TA.
Focus on Renewable Energy
EWT aims to accelerate the adoption of renewable energy sources by creating a decentralized platform where energy assets can be easily and transparently operated. Given the increasing importance of green energy, this sector-specific focus could give EWT a unique edge.
Strong Partnerships
Energy Web Token has built partnerships with prominent players in the energy sector. This not only provides it with credibility but also helps in real-world adoption, which is a key metric for any cryptocurrency.
Not financial advice.
EWT/USDT- The breakout you do not want to miss. Great Setup for Energy Web Token-
If it can break the indicated level and flip resistance to support there could be some substantial gains to be made.
(A small break followed by a supported retest would be a major indicator for me and create the ideal setup)
Alternately if BTC continues to dip there should be some really good entry price options over the next month by simple DCA in the historic support zones.
If BTC plays friendly some high targets will come into play.
Keep an eye on it.
As always just my thoughts and TA,
Feedback Welcomed.
Bingaz.
Long Energy Web Token(EWT) vs BTCEWT has been accumulating against BTC for almost a year and it looks like it's time for expansion.
Monthly support is holding and it is still in a range, but with upcoming big news and staking this month, I think EWT will show it's true potential in the upcoming months.
On of the fundamentaly most undervalued coins out there.
Target is almost 10x against BTC and that is a big deal, but EWT is made for big things.
Great time for accumulation!Hi everyone,
Today, we are taking a look at Energy Web Token ($EWT). We are currently in an accumulation phase. The risk to reward for this trade has really low risk with high reward. We can see hidden bullish divergence as well. I will be buying at the lower levels, within the purple box. My first TP is at $11.23, and my second TP is set at $22.77. This is a long-term play for me.
Any feedback is appreciated. Thanks!
EWTUSD Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE.
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN