Energy Web Token in channel.Hello investors and traders.
Since my last TA , EWT brokes uptrend and now remaining in downtrend canal, making lower highs and lows.
Actually sitting at my 1.272 Fibo around median line of this channel.
Volumes are still around average.
Beam indicator in buy zone , however not relevant until bottom confirmed.
So I am staying in neutral mode and bring you chart to watch.
Markets are waiting for US election results.
It's rule that markets often falled during pre-election period.
I can see ascending formation at Bitcoin chart which is possitive sing for now - until breakdown.
For bullish confirm, EWT needs to break and hold above moving averages and especially above blue-dot line.
On the other hand, if median of channel will broken, more downside should appear.
That's all so let's wait more to see what will happen : )
*This is not a financial advice.
Thanks for watch,
Emvo.
EWT
S&P 500: Is this an expanded flat correction??In EWT one type of correction is 3-3-5 called an expanded flat.
see:http://www.elliottwave.net/educational/basictenets/basics3.htm
IFFFF that is what is happening now often the correction will go to .62-.78 return to the first way down. (target zone) shown. Watch for price action at this level which suggests the winds have changed to down.
EWT PossiBle ShOrT PlaY SetUpEWT struggling w/ the $7.27 resistence region, which has shown relatively solid strength. If $7.27 region flips as support, would shift the short play to the $7.37 region. W/ the current economical gloom of Trump and stimulus, foresure possible short set up is in play. But overall bullish on EWT. Especially w/ its recent partnership w/ XRP.
Will the SPX Follow the NQ? Let's Chart Some EWT Possibilities!Please see my chart of NQ1! futures for reference. If the SPX follows the lead of the NQ, we can expect a 4th wave dip (possibly to fill the gap left by overnight trading), then reverse to begin wave 5 with the target being 3370 to 3389.
Please feel free to check out my other ideas, I really want to help people understand the market the way that I do.
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PLUG - Impulse to CorrectivePLUG has finished it's latest bull-run and is in the midst of a much larger correctional wave. Just my notes based off the wave-count I see.
There could be a minor ABC corrective wave that's already finished, for this reason the price point of invalidation is: 13.55
Looking for a pullback to the $10-$9 range.
The most undervalued project, Energy Web Chain, EWT. Hello everyone. I am going to give you a GEM today and you will thank me later!
Energy Web Token (EWT) is a huge project. It has not yet listed on any big exchanges but already got around 277 million dollar market cap that ranks around 55 in coinmarketcap. You should research for yourself about the fundamentals of this project.
I recommend accumulating since it is highly undervalued and you should see how it will pump after getting listed on big exchanges like binance and coinbase.
It will be among the top 10 coins by 2021.
Buy and hodl for mid- to long-term.
The current price at the time of publication is around $9.00 in usdt pair.
Currently, you can trade this token at KUCOIN exchange or store it MetaMask wallet. But I recommend KUCOIN cuz it's easier.
Good Luck.
Energy Web Token + simple TA.Hello again, I like to bring you something from DeFi.
Today, it will be EWT, actually rank 52.
It's not yet listed at many exchanges with decent total supply.
EWT focuses on building core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.
In 2019 EW launched the Energy Web Chain, the world’s first open-source, enterprise blockchain platform tailored to the energy sector. EW’s technology roadmap has since grown to include the Energy Web Decentralized Operating System (EW-DOS), a “blockchain-plus” suite of decentralized solutions.
If you make a deep DYOR, you can found strong fundaments and connections to Tesla, Berkshire Hathaway, Shell, and list going on...
TA
Since EWT listed on KuCoin. we have yet no too much price action history. So let's see, what could be find at 4H timeframe.
From the end of August, EWT created downtrend regression channel. Every test at the top of channel & MA50 was rejected.
Here isn't displayed the whole chart history of EWT. Strong rally was done from 0.80 usd to 12 usd. There is for sure a much more space to fall down. That's the reason, why my Fibo is reversed and I am staying neutral before something happen .
Energy token made few gaps. 8.26usd is filled, 11.64usd is above. From September 5, EWT started to create low highs and higher lows in symetrial triangle ( pink ) and target could be exactly around gap above at 11.64 usd. It's also near my 382 Fibo level.
For start some uptrend, conditions in a next days are:
- hold around 786 Fibo
- upside breakout from the pink triangle
-get about 50MA (red) = also matching with the golden fibo area
That's all. I will try to update.
*This is not a financial advice.
Energy Web Token is something else!Energy Web Token (EWT) is one of the most interesting projects out there. It has been growing recently very well and i am expecting it to be in top 10 cryptocurrencies.
During next two weeks there is high possibility it will reach to fib 1.6. EWT showed great resistance to BTC bearish movements which means there is no interest selling EWT and people are just trying to accumulate more.
use stopless but... "ENERGY WEB NEXT LEG UP?!?!" Already has pumped 76% in 7 days but whos counting :P. I feel like there is some driving force of adoption or partnership I'm not seeing but with the way this baby skips across the 50 EMA all the time. I can't help but wonder if this graph shows this WOUND UP yet again. I am going to place a small wager with stop loss because I believe its ready to fire one more time before pull back. BE CAREFUL AND DYOR!!!
XRP's EWT Count until EOY --> $0.8 TargetI believe XRP has bottomed in March 2020 capitulation and has begun its 1st wave out of 5 long-term bull market waves going into 2021-2022.
Wave 1 began in March and completes around EOY at around 80 cents.
Fibonacci extensions and Elliot Wave theory is used to predict levels and targets.
I present the subwaves of each of the 5 waves that comprise the macro Wave 1 ending EOY.
Cheers,
Leb Crypto
WMT - Likely Breakout to new ATHWMT has seen some serious bullish price action sparked by their recent announcement o a subscription service that puts them in somewhat direct competition with AMZN. This appears to have started a whole new wave of impulsive price action. It faced rejection today after reaching the previous all-time-high and barely breaking past it.
Price Point of Invalidation: $128-127 zone
Price target: $137.50
GSX - Impulse Almost CompleteGSX has had a run that has seemingly defied logic to some bearish investors, but the overall move it made after clearing the previous ATH was relatively healthy. Despite a massive bear campaign a few months back the stock has churned to massive new highs. However, all good (or bad if you're a bear) things come to an end. It is now due for a correction, and will likely find a topping point around the 71.21 level. This leaves the ideal opportunity for shorting.
Impulse price point (top): $70-$71.21
Overall corrective target: $49.14






















