Overbought(Not financial advice)
Recent jump with EWTUSD which pushed the token into the overbought zone then the drastically overbought zone. As EWT comes off its recent increase the token will find new support levels and potentially move higher as the search for renewable source of energy which is produced in enough abundance to support network transactions continues.
Interesting months to come as the interest in this area increases.
EWTUSD trade ideas
May Shakeout(Not Financial Advice)
Big year for Energy Web token so far.
Big run up between Feb- April 2021 then a big shakeout in May and still in a declining trend on the RSI.
Energy Web is working on growing their public face and showing Crypto's need to be taking carbon offsetting and using renewable energy for mining seriously.
Looking forward to watching EWT in the coming year.
(Not Financial Advice)
Happy Investing