ewt

All right, here we are.

I appreciate the insistence and support, I like people who never give up. It is a stressful work but I will always comeback and give you what you want. I hope you enjoy the analysis.

Energy Web Token produced a bearish impulse starting May 2024, it ended in April 2025, almost an entire year. This is the last ABC on the chart. The market was sideways and then we have this correction.

Now that the correction is over, we can expect a change of trend.

Current action for EWTUSDT is happening above the August 2024 low. Also above the November 2024 low.

The correction was strong but even stronger where the last two weeks. EWT recovered almost six months of bearish action in just two weeks. This strong bullish momentum gives us a clue of huge rising potential in 2025.

The week before last, 5-May, EWT started trading around $0.687. It went full blown bullish and broke its November 2024 low resistance. The week that followed, 12-May (last week), started red and this resistance was tested as support and holds. Then again, strong bullish momentum and EWTUSDT moved above its August 2024 low. This is a major, major bullish development.

The current weekly session/candle, while pretty young is also good. It started red and wicked lower. The wick did not reach the August 2024 low support but reversed sooner. This is another strongly bullish development and can signal that there will be additional growth this week, next week, and so on.

Trading volume becomes really high in October and November last year and this is also really good because the action is happening above those prices. So the market went through a final full flush, removing all the stop-loss orders and weak hands and is now ready for long-term growth.

The signals here are very, very strong. We don't need to consider the bottom dynamics, the rounded bottom and such because prices are the same now as back in September 2024, which is exceedingly good.

The market dropping for years on end, it seemed like forever, means that there is no need for this Altcoin to move back down again. Don't get me wrong, there can be corrections and retraces based on the short-term, but, when it comes to the bigger picture, we are going up.

I plotted several targets for you on the chart. The main one goes to 1,000%. If you were to calculate this same target coming from the market low, total growth potential amounts to ~2,900%, really strong.

This is it for now. Thanks again for your continued support.

Namaste.