EWTUSDT trade ideas
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, $20-22
Great time for accumulation!Hi everyone,
Today, we are taking a look at Energy Web Token ($EWT). We are currently in an accumulation phase. The risk to reward for this trade has really low risk with high reward. We can see hidden bullish divergence as well. I will be buying at the lower levels, within the purple box. My first TP is at $11.23, and my second TP is set at $22.77. This is a long-term play for me.
Any feedback is appreciated. Thanks!
EWT USDTHi Friends !
Here is one more trade. please have a look. Just spotted this one.
Not a financial advice. Please do your own research
Let us see what price is doing here.
1W timeframe analysis.
Price is above 21 and 55 EMAs.
Price already took double bottom.
Price broke downtrend line
MACD and Histogram are bullish and MACD crossover happened above zero line.
1D timefreme analysis.
Price above 200EMA
MAD is above zero line today.
Hilsen
BtsChamp2020
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