Long
MWAT Long Term Buy
Technical Factors:
-Squeeze Momentum Indicator (Reversal Signs)
-Stoch RSI (Reversal Signs)
-RSI (Strong Bullish Divergence )
-High Volume (Accumulation)
-Fibonacci (Retracement to key level of 0.618)
Fundamental Factors:
-Staking Available before the End of the Year
-Update coming this Week
-MWAT Staking backed by GTK (real world renewable token with real value - European Energy Certificate)
-Close to $1 million marketcap
Key Reasons for Long Term Drop:
-ST Symbol on Kucoin which team says is being removed after they give updates
-Energy Projects take a long time to reach potential (check POWR and WPR)
-Lack of token use case until now KUCOIN:MWATETH
-Squeeze Momentum Indicator (Reversal Signs)
-Stoch RSI (Reversal Signs)
-RSI (Strong Bullish Divergence )
-High Volume (Accumulation)
-Fibonacci (Retracement to key level of 0.618)
Fundamental Factors:
-Staking Available before the End of the Year
-Update coming this Week
-MWAT Staking backed by GTK (real world renewable token with real value - European Energy Certificate)
-Close to $1 million marketcap
Key Reasons for Long Term Drop:
-ST Symbol on Kucoin which team says is being removed after they give updates
-Energy Projects take a long time to reach potential (check POWR and WPR)
-Lack of token use case until now KUCOIN:MWATETH
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