Energy Web Token (EwT) listed on kraken. What the price will do?

[mindcntrol]

Looks like a good project to empower renowal eneregy.
with a lot of enterprises jumping in. Facebook and libra is one of them.
price is bullish and we are moving on 17usd x token. 96 top with a c.supply of 33m and a max of 60m m cap 500m

Thoughts?

[DaMut]

And now it is around $15.7 currently down for almost 10%, the project is good but how about the market?
no matter how good the project is if the market does not support it then there is no way it will go up.
we should wait a little bit until we get a clear understanding about our current market, if the bullish continues then it is not too late to buy it later.
but if it is not, then we are saved from getting rekt.

[GreatArkansas]

I am bullish on Energy Web token (EWT) because also of they are in Polkadot (DOT) ecosystem, which is starting a new noise for new projects or existing projects that are starting to migrate to the Polkadot ecosystem.
I am still looking forward to EWT, to stay sideways on EWT/BTC pair. If you take a look at the BTC pair of EWT, it is starting to bounce from it fall last August 2020.

[mindcntrol]

And now it is around $15.7 currently down for almost 10%, the project is good but how about the market?
no matter how good the project is if the market does not support it then there is no way it will go up.
we should wait a little bit until we get a clear understanding about our current market, if the bullish continues then it is not too late to buy it later.
but if it is not, then we are saved from getting rekt.

.
Im bullish on bitcoin...it can move sidewais for a while but im bullish for some years i think

[DaMut]

Im bullish on bitcoin...it can move sidewais for a while but im bullish for some years i think

Me too, who does not? it is just the market looks exhausted. in the last 7 days, Bitcoin made another lower low, other than that there is no significant volume traded for the past few days. the last time we were seeing big volume traded were 26th a month ago, this should explain the market slowly going down.
the project looks solid no doubt about that, but if the market can not sustain it what can it do?
that was why I suggested you to wait until we are making a continuation, it is never too late to buy it later as long as the market is good.