AMEX:EWT Energy Web Token Price action has been in a falling wedge for over two years! Current price: $2.6 Currently a very low risk buy! At its all time high, AMEX:EWT price action reached a height of approximately $23. A break out of falling wedge will lead to resistances above: 3.1, 5.2, 7.7, 10.9, 14, 17, 19.5, 23.4
#EWT A textbook 4 year an Elliot's Wave bull flag about to pop, likely to the moon IMO
Based on elliot wave theory we are at middle of 3rd wave. Which is most profitable wave. The news is positive /ETFs approved, halving is coming in 2 months everything is good right?/ fundamental analysts starts raise targets. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a pullback" will likely miss the boat. As...
This resembles an ICT Unicorn model (not sure if this is what you call it tho): Price obtained liquidity above, accompanied by a robust volume push-down to 38.5k, forming a breaker block coinciding with a Daily FVG. It's noteworthy that the current Breaker block level constitutes 50% of the present range, validating the corrective wave. Anticipating a price...
This post presents a potential top for BTC Price Action (PA) for your confluence and Risk Mitigation. I do not care if I am wrong, and invite constructive comments to improve the count and enable everyone a more holistic understanding of BTC PA, rather than destructive comments that do not achieve anything other than show the community the type of person your...
AMEX:EWT Energy Web Token has remained in a massive falling channel for months. Will it Rise? Low risk Buy opportunity? Price action is currently at the upper range of it's falling Channel @energywebx Current price: $1.96 I am biased on this one, It is one of my favourites.. CYPTOCAP:EWT #EWT Up Resistances: 2.06, 2.9, 3.8, 4.8, 5.6, 6.6, 7.7, 8.8, 9.6, 10.7
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...
Logarithm. 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...
Logarithm. 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...
#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...
Chart pretty self explanatory. - used EWT and proprietary techniques I developed in confluence to obtain targets - used Gann to establish time to target - used common sense to "risk" September 5.00 calls for 1.10 last week (currently 1.40, expecting them to go for 3.00-5.00 before expiration) I recommend waiting until downtrend breakout for entry if you're not...
The analysis of the S&P 500 futures (ES) presents an intriguing scenario for traders, especially those new to the market. Let's break it down in a way that's easier to understand. Understanding the Market Movements Five-Wave Decline : The ES has seen a decline in a structure that can be described as a 'five-wave' pattern. In market analysis, a five-wave...
Through deceitfulness of the current CEO regarding a surprise share split, the stock has seen a lot of damage recently. However, keep in mind that in order for shorts to make their money/profit. They need liquidity to exit their trade. There's a ton at this level given VPR, that combined with the 0.886 Fib level, we're definitely at the max pain zone. Highly...
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...
Previously, I had put a rather bold prediction calling a shot term top when CVNA first hit the $28.50 price range. Obviously, you cannot make a full prediction on how a correctional will play out, the most common of which are A-B-C setups. This is setup to be an expanded or running type of flat correctional. Based on the key trend-line we have yet to test, my...
The S&P 500 is setup in a third wave extension, likely to burn out around the 448 range. The pullback to follow this will likely start out slow as bulls pull back their bids overall. Expecting this pullback to proceed to the $422-$428 range in early-mid august. I am best at predicting what, not when. Trend lines do great help in trying to assess the pace of the...
It's so hard to fit this idea in a digestible way that can be viewed well. I've opted to just posting the most relevant part first and as we develop and update our count I'll post pictures till we're out of wave 1. CURRENT STATE: MICRO COUNT - WAVE 2 (5 WAVES TOTAL) We've got ourselves a nice little expanded flat it appears, the 1.618 extensions also line up...
TIMELINE HERE IS NOT ACCURATE MOST LIKELY. Separate posts will be made as we make each micro-wave for short-term predictions on how they'll most likely pan out. Maybe just plan on using this as a long-term guide/hub to all the other ideas I'll eventually link to this original one. It was difficult to find relevant trend lines here so finding a timeline for the...