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.
EWTBTC
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.
Energy Web Token is something else!Energy Web Token (EWT) is one of the most interesting projects out there. It has been growing recently very well and i am expecting it to be in top 10 cryptocurrencies.
During next two weeks there is high possibility it will reach to fib 1.6. EWT showed great resistance to BTC bearish movements which means there is no interest selling EWT and people are just trying to accumulate more.
use stopless but... "ENERGY WEB NEXT LEG UP?!?!" Already has pumped 76% in 7 days but whos counting :P. I feel like there is some driving force of adoption or partnership I'm not seeing but with the way this baby skips across the 50 EMA all the time. I can't help but wonder if this graph shows this WOUND UP yet again. I am going to place a small wager with stop loss because I believe its ready to fire one more time before pull back. BE CAREFUL AND DYOR!!!