EWTUSD
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.
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
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...
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.
#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
EWT dailyEWT - energywebtoken
also great fundamentals. highly recommend you dyor. The Australian Energy Market Operator, which runs the electricity market for Australia, launched Project Edge. EWT provides the blockchain.
this is on the daily and usually moves well with btc. im waiting until it closer to apex. but def something to keep an eye on