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EWTBTC

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.
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by MickYe333
1
EWTBTC - Broken Below Consolidation Range, Where's Next?Well, the last time EWTBTC went this low was back in Aug '22, and before then the price was 40% lower than that! Are we going to see this piece of history repeat itself? There may be a few days or weeks of subtle ranging in the last pinch of triangle as pictured, but after this the drop could be quite large. Alternatively, the drop might not happen at all, it may be a case that this drop is a slightly extended fake-out and the price will return to the (quite large) channel it's been ranging in for some months now. Time will tell on this one!
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by theCrypster
Presenting alpha... EWTBItcoin recently see a break of trend to move towards the upside? It needs to break 63K with conviction before the we're out of the woods otherwise price will continue to random walk but we're long term bullish on crypto. EWT is a project that have links with major institutions in the energy space and their Github repository suggests that a potential integration with Coinbase is up coming. BULL CASE If price breaks out of the channel and holds it as support, we will ride it all the way to $40. BEAR CASE If BTC dumps, we will see holds dump even harder along with it, if this happens, we will accumulate heavily as price move towards the bottom of the channel
KRAKEN:EWTUSDLong
by IkanBilisCapital
EWTUSDT analysisTo keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome. 99. Coin = Energy Web Token Trend: bullish (in upward channel), HH & HL's formed Events of note: - Symmetrical triangle formation that has broken down to the upside - Currently retesting previous swing high & .382fib level as support Trade idea(s): - If this holds I expect a retest of the 0.236/W1 Resistance above and a potential move to the upside of the parallel channel --> more likely - If 0.382 level does not hold, retest of W1 support/0.5 fib level and potential 0.618 level to be expected
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by Sidders
Energy Web Token is breaking out after trying to find a bottom !After EWT topped out in August 2020 after a 4 x run, the token has been in a more than 4 month downtrend channel relative to Bitcoin. This changed today ! At the moment EWT is back testing the descending trendline of the channel. It seems to me that it has finally carved out a bottom and wants to trend higher. Not financial advice but I have been buying around 10th December when EWT seemed to be collapsing.... I was lucky ! EWT is up 25% today alone !!
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by Dangermousebanana