EWTUSD trade ideas
Energy Web - This cycles Energy sector playIm going to be breaking-down what I feel are the best long-term holds in each sector/category of crypto. Starting with the energy sector. I will tell you the pros and cons of each project.
Energy Web
EWT can beak out of this 4 year long downward trend/channel. There is a ton of upside potential. EWT has many strategic partnertships and completely flown under the radar. Once long term disgruntled holders are out. This project could definitely fly. Especially once the energy narrative begins to pick up. I took a postion around $1.32. I think that this project definitely has $20+ potential. One of the major downsides to the project is that the CEO has esentially been missing in action for a while with no explanantion. Even without the CEO is appears the team has been consistently builing.
The price action of this token has been pretty stagnant but that can all change in a blink of an eye. In my opinion this project has bottomed out and offers much more reward than risk at this level.
None of this is financial advice. This is just all my opinion.
Thanks for viewing my post! Best of luck to all traders!!!
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
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...
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.
EWT out of Energy H&S weekly rejection -80% Target .75c-1.20Not financial advice
We have a weekly head and shoulders rejection without considering the blowoff top of 50.00 that is a 80% loss from bottom of the shoulder to the top of the head.
Now currently we have a double top rejection pattern at 5.50 apply that 80% loss from 5.50
Target area in orange at 1.10-1.20
If we apply the double top rejection at 15.85 to the low of 2.10 that is a rejection of 87.5%
An 87.5% rejection target entry area would be .75c
So optimal long term entries would be between .75c and 1.20 for accumulation
Remember DYOR
#PIK
Patience is Key
#TLAW
Think Like A Whale
Parabolic trajectory with levelsCan EWT really not get to a $5 billion market cap? Can it really not do it before the end of 2023? If it can, continuation of the current parabolic trajectory seems likely. Quality and utility likes to run early in the cycle with the garbage going to the moon late, EWT made it's move before BTC last time, will it do it again?
#EWTUSD - A Straight Forward 10% Short Trade?Although we are very clearly approaching the end of this symmetrical triangle within #EWT, where the price movements will be minimized and pinched together - there's still a clear 10% or more between top to bottom. Let's get that!
With a short signal coming in from Crypto Tipster v2 we're anticipating a move to the lower trend line offering good profits on #EWTUSD along the way.
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
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
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
Energy Web - insane fundementalsHave been in EWT since early last year, currently focusing in on Carbonswap DEX liquidity pools based on energy web chain with zero fees.
Energy web price action is somewhat abnormal lol. Soon we will see EWT staking coming just around the corner which has been long awaited, so could be oppertunity for accumulation within this triangle.
I am just monitoring this triangle for now, as i am already fully loaded... but a breakdown of this triangle may just switch up for a second. Ill be back with some updates or perhaps a new idea.
Upward Trend(Not Financial Advice)
EWT saw a spike in the past 14 days then a short pullback to consolidation value of $10-$11.50.
Overall the trend since late July 2021 is showing a positive upward trend. Excited to see how EWT progress's and if they have any more big partnerships being worked on during this bull cycle.
Happy Investing
Alt coin follow BTC(Not Financial Advice)
Bitcoin has had a healthy correction of 11%+ as we all know, nothing goes up in a straight line and corrections are healthy for the rise in markets in Bull markets.
EWT like majority of altcoins still follow and are effected by BTC's volatility. When BTC is going up several days later even up to 10 days it will be Altcoin season. BTC is amongst a pullback so there is no surprise that Alts are now experiencing it.
In the long term I see this as a great time to fill your bags (not financial advice) still bullish and believe in what EWT is doing. Growing gas fees for major Cryptocurrencies will force them to look towards services/solutions that EWT offer.
Happy investing