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...
EWT or Energy Web token has reached its bottom. Do you have the balls to buy?
Energy Web Token (Ticker EWT) is about to go parabolic. Energy narrative is far from over and the partnerships these guys have are insane! LOOK AT THE VOLUME
Energy WebToken Tciker EWT just did a retest and is ready to skyrocket into the heavens. Did you buy your ticket to the moon?
In a few words: This alternative scenario for BTC is mainly based on log-fib relationships. According to it BTC is in wave (4) of its major cycle which would have a high probability to end around $ 3.200. In this case wave (4) would reach the 0.382 (log) of the length of wave (3) which happens to be the exact bottom of wave iv. Please note, this is just an...
SPX looks like is putting in a 4th wave, with 5 down still needed to finish a potential impulse off the 3912 high. Once that is done there should be an ABC bounce and then an even larger decline. for now likely lower lows coming, once today's LOD is taken out, we'll just have to watch for signs the full 5 finishes and then short the ABC bounce.
EWT looks primed to make big moves. We know the whole energy crisis narrative is going to serve this project well.
BlackRock has showed interest in EWT. What do you think will happen if the worlds biggest investment firm will most likely invest in you?
After a 5 wave decline ,we are in recovery wave (B) which has the potential to lift the index to 4422, watch todays price action and trade accordingly,
Bulls did win the battle today and moved close to invalidate the bear nest and potentially make the WXYXZ pattern as complete. I am still suspect as the last wave down (off the 4653ish high) even though it is a 3 waver (Friday's low broke the 1st of Dec low), wave 3/C is too short. Normally the 3rd wave is the strongest even if it's a C wave, so having the C...
The market has been making lower lows and lower highs since the ATH, but what is adding to the uncertainty is the fact that all these waves have been overlapping. Now normally that doesn't happen in Elliot Waves, unless we are seeing a Diagonal pattern (either ending or leading). The other situation when waves overlap is when they are a series of 1-2 waves (nested...
Have been in EWT since early last year, currently focusing in on Carbonswap DEX liquidity pools based on energy web chain with zero fees. Energy web price action is somewhat abnormal lol. Soon we will see EWT staking coming just around the corner which has been long awaited, so could be oppertunity for accumulation within this triangle. I am just monitoring...
SPX is at an important junction here. If it can sustain the breakout above the upper black TL, then this could accelerate higher going fwd. If SPX whipsaws the upper black TL and turns back down from here, then the ED (ending diagonal) would be gaining weight. Next few days look key and will set the intermediate term direction. Trade safe!
Short update as a continuation on the previous posts here on TradingView. I'm certainly keeping an eye on this nasty rising wedge. This wedge can also be seen as the C-wave of the B-wave in this big zigzag prior to rolling over again. In this case we're talking an ending diagonal with one more leg up to go, as in to the 618 fib at $50-51k on the daily chart.
Bitcoin is at the crossroads as to whether it's bullish or bearish. In this short analysis we'll explain how and, more importantly WHEN, you we determine which of the two it is. By being able to identify the technical direction at the earliest safest point, we'll either be given the gracious opportunity of stepping away from the fast-approaching freight train, or...
Bitcoin is clearly in a zigzag formation. It's got five legs down from the April peak and is now in the midst of its B-wave. If we zoom in on that B-wave, however, we can notice that we're within the B-wave within that B-wave. And ... yes, you got it! ... within that B-wave of the B-wave, Bitcoin has just initiated its C-wave. Upon completing this,...
ETH had a huge plunge from the psychological 4k level. That was to be expected, as the RSI on all timeframes (daily, weekly, monthly) was getting into nose-bleed teritorry and needed to cool off. The big question now is - did we start the bear or does the bull still have some legs? Technically we are already in a bear market as ETH dropped about 50% (technical...