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!!!