EWT
BTC - Revisit 14K Range?My wave-count was meticulously tracked all day, and the following conclusions I got were this:
This market is so undecided in what it wants to do it's insane. Lot's of choppy price action, someones immense amounts of volume comparable to at other times none. But the trend is bearish for the short term. It is likely we wake up to BTC in the upper 14K range tomorrow morning. Hope you enjoy my markup :)
EWT Coming Back From The Dead?My Fellow Crypto Traders,
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Cheers & Happy Trading!
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ANALYSIS:
EWT has finally broken it's bearish trend, and showing signs of life. After hitting a .75 retracement, it seemed EWT would enter a phase of consolidation before taking a stride to the upside. However, with EWT hitting 0.38 fib retracement with strong momentum, it is very likely EWT can re-test the 0.618 and beyond. Moreover, as more partnerships like OCEAN, Solaria Australia, and Polkadot draw more connections to the rumored partnership with Tesla, EWT can see positive price action on hype alone. Especially coming form such a low position.
THIS IS NOT A DRILLEWTUSDT is finding support on a major support at $5.50-6. Look how the Murreys math nailed the bottom. Right now we are retesting the last major resistance level then its $7.50 (mva that keeps rejection us on the bear market on the Daily time frame) then theres not enough information. Alot.... from there is price discovery. GRAB A BAG
EWT Undervalued: Potential ShortMy Fellow Crypto Traders,
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Also, I’m new to charting game and the crypto/stock space. So, if you have any constructive criticism or tips, please share.
Cheers & Happy Trading!
Energy Web Token in channel.Hello investors and traders.
Since my last TA , EWT brokes uptrend and now remaining in downtrend canal, making lower highs and lows.
Actually sitting at my 1.272 Fibo around median line of this channel.
Volumes are still around average.
Beam indicator in buy zone , however not relevant until bottom confirmed.
So I am staying in neutral mode and bring you chart to watch.
Markets are waiting for US election results.
It's rule that markets often falled during pre-election period.
I can see ascending formation at Bitcoin chart which is possitive sing for now - until breakdown.
For bullish confirm, EWT needs to break and hold above moving averages and especially above blue-dot line.
On the other hand, if median of channel will broken, more downside should appear.
That's all so let's wait more to see what will happen : )
*This is not a financial advice.
Thanks for watch,
Emvo.
S&P 500: Is this an expanded flat correction??In EWT one type of correction is 3-3-5 called an expanded flat.
see:http://www.elliottwave.net/educational/basictenets/basics3.htm
IFFFF that is what is happening now often the correction will go to .62-.78 return to the first way down. (target zone) shown. Watch for price action at this level which suggests the winds have changed to down.
EWT PossiBle ShOrT PlaY SetUpEWT struggling w/ the $7.27 resistence region, which has shown relatively solid strength. If $7.27 region flips as support, would shift the short play to the $7.37 region. W/ the current economical gloom of Trump and stimulus, foresure possible short set up is in play. But overall bullish on EWT. Especially w/ its recent partnership w/ XRP.
Will the SPX Follow the NQ? Let's Chart Some EWT Possibilities!Please see my chart of NQ1! futures for reference. If the SPX follows the lead of the NQ, we can expect a 4th wave dip (possibly to fill the gap left by overnight trading), then reverse to begin wave 5 with the target being 3370 to 3389.
Please feel free to check out my other ideas, I really want to help people understand the market the way that I do.
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PLUG - Impulse to CorrectivePLUG has finished it's latest bull-run and is in the midst of a much larger correctional wave. Just my notes based off the wave-count I see.
There could be a minor ABC corrective wave that's already finished, for this reason the price point of invalidation is: 13.55
Looking for a pullback to the $10-$9 range.
The most undervalued project, Energy Web Chain, EWT. Hello everyone. I am going to give you a GEM today and you will thank me later!
Energy Web Token (EWT) is a huge project. It has not yet listed on any big exchanges but already got around 277 million dollar market cap that ranks around 55 in coinmarketcap. You should research for yourself about the fundamentals of this project.
I recommend accumulating since it is highly undervalued and you should see how it will pump after getting listed on big exchanges like binance and coinbase.
It will be among the top 10 coins by 2021.
Buy and hodl for mid- to long-term.
The current price at the time of publication is around $9.00 in usdt pair.
Currently, you can trade this token at KUCOIN exchange or store it MetaMask wallet. But I recommend KUCOIN cuz it's easier.
Good Luck.
Energy Web Token + simple TA.Hello again, I like to bring you something from DeFi.
Today, it will be EWT, actually rank 52.
It's not yet listed at many exchanges with decent total supply.
EWT focuses on building core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.
In 2019 EW launched the Energy Web Chain, the world’s first open-source, enterprise blockchain platform tailored to the energy sector. EW’s technology roadmap has since grown to include the Energy Web Decentralized Operating System (EW-DOS), a “blockchain-plus” suite of decentralized solutions.
If you make a deep DYOR, you can found strong fundaments and connections to Tesla, Berkshire Hathaway, Shell, and list going on...
TA
Since EWT listed on KuCoin. we have yet no too much price action history. So let's see, what could be find at 4H timeframe.
From the end of August, EWT created downtrend regression channel. Every test at the top of channel & MA50 was rejected.
Here isn't displayed the whole chart history of EWT. Strong rally was done from 0.80 usd to 12 usd. There is for sure a much more space to fall down. That's the reason, why my Fibo is reversed and I am staying neutral before something happen .
Energy token made few gaps. 8.26usd is filled, 11.64usd is above. From September 5, EWT started to create low highs and higher lows in symetrial triangle ( pink ) and target could be exactly around gap above at 11.64 usd. It's also near my 382 Fibo level.
For start some uptrend, conditions in a next days are:
- hold around 786 Fibo
- upside breakout from the pink triangle
-get about 50MA (red) = also matching with the golden fibo area
That's all. I will try to update.
*This is not a financial advice.