Energy Web Token 3,200%—Keeping Simple (Pros Can Keep It Simple)I would like to call your attention to the orange line on the chart, 'support'. I will simplify the whole thing.
➖ EWTUSDT (Energy Web Token) went sideways (consolidation) from June 2022 until August 2024. In August it broke below this support level. Once the action moves back above this level we are ultra-bullish. That's it.
We can see the highest volume ever as prices start to recover. We are looking at a true bottom. From this point on, we can expect massive growth.
Notice the two sets of Fibonacci numbers as explained in a previous publication. Short-term and long-term targets.
Thanks a lot for your continued support.
We are only getting started. Notice that many pairs already moved strongly and these, while still early and great, should be ignored. If we are doing spot and we want to maximize potential profits, we have to dig a bit and find the ones that are yet to move. The ones that are already moving carry higher risk and a correction can develop any day.
When the correction develops, there won't be any warnings, it will just crash and thus buying near support regardless of what the rest of the market is doing. You can't go wrong by buying low.
Just a piece of friendly advice.
Namaste.
