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EWTUSDT

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.
Long
by SpartaBTC
4
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
Long
by SpartaBTC
2
EWT - Wyckoff Accumulation + Volume #EWT This beautiful falling wedge or #bullflag has all the mechanics of a #Wyckoff Accumulation Schematic built into it, which can be seen by #volume tells in all the right places. After The low was breached note the negligible #volume, then observe the volume on the first solid bullish candle to break through the #wedge. What we want to see after is the follow-through retrace candles reaction, and not just the #volume, but the fact it snatched the stops on the candle a month before it. Pair that all with my favorite leading indicator, #OBV, which has already breached the last swing. I like this PA...
KRAKEN:EWTUSDLong
by ANobleNerd
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.
Long
by MickYe333
1
Energy Web token📈 Bullish scenario for EWT - corporations and green energy Energy Web Token - helps web2/traditional companies use blockchain technology to access and manage green energy assets, built on EVM (Ethereum Virtual Machine) The project has partnerships or working together with Vodafone, PayPal, Shell and many others. The project also was mentioned in a press-release of BlackRock. BlackRock, in its press-release, has highlighted the importance of Energy Web's role in the fight for green energy. Many corporations are "sick" of green energy and this is another advantage for Energy Web. The prospects for green use of blockchain are significant: Ripple has invested 100 million in carbon markets. And the White House is developing policies to reduce Bitcoin's energy consumption and carbon footprint. In terms of tokenomics: EWT is capitalized at $120 million with limited emission, the token is used to pay fees in blockchain + for staking. The value is clear. As a conclusion, Energy Web is a bet on the adoption of cryptocurrency by institutions, corporations and states. Top funds are paying attention to such projects for a reason, it means they have already done the analysis. From the technical point of view EWT has strength in the moment, we rose and stand without aggressive sells, for me the buying zone of $2.5-3.5 is interesting. Partial sales recomended at $7, $15, $20-22
Long
by razumcapital
1
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
EWT - $45.12EWT has been maintaining a beautiful ascending trendline support. It has also formed a good support around $13.8 and is currently trading above the support fib at $16.72. As long as EWT is above this fib, we could start seeing a move towards $21.28, $23.28, $25.83, $33.20 and $45.12. Failure to hold the support at $16.72 could lead to a drop towards the support at $13.88 and $11.68 which could be good places to add long orders for EWT. EWT is currently trading at $20.10 with a market cap of $686,629,022. Its 24 hour trading volume was $13,797,194.
Long
by cryptomathemagician