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Ergo / Tether

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ERGUSDT trade ideas

🚀!(ERG/USDT analysis)The #1 suggestion and Ethereum POW alternative , for gpu miners , is ERGO ,with an high potential to grow ; 🔹Rank #224,/ kind : coin POW \\ Market Cap:$268,815,110\\===> good Total Supply: 97,739,924 ///58,638,426.00 ERG 60%====> good 🔰What is Ergo (ERG)? The Ergo platform aims to provide an efficient, secure, and easy way to implement financial contracts that will be useful and survivable in the long term. Ergo describes itself as a self-amendable protocol that reportedly allows it to absorb new ideas and improve itself in a decentralized manner. 📊Technical POV : Since 2 months ago , by breakout of descending trend line , ERG has been rising until now , so if be able to take over current yellow (pivot) zone it will continue to rise to higher resistance zones , but otherwise may be rejected and can fall on the lower support zones as a pull back ,and then can start to rise again ! ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💚 if you're fan of my analyses please follow me , drop a comment 🗯 and Boost me 🚀🚀
by PRO_SMART_Trader
ERGO, sweet ERGOERGOis currently trading inside two channels. The blue ascending channel is a macro daily tf. the orange is a descending channel within the blue channel. Confluence of resistance around $6.80 -$7.25 area (heavy red horizontal). if we break this level we have the "potential" to test the $10 area. The alternative to that ERGO can continue to trade in the descending channel and see new lows. as a miner I am long term bullish on ERGO as the bull trend still there on the macro view. wait for confirmation to enter any trades. not financial advice.
Long
by jtamez1983
3
An amazing story unfolding for ERGO as one of the best POW coinsIn comparing to BTC you can see that Ergo is holding it's ground far better at the moment. No coin is without it's history, in the case of Ergo I believe there was a pre-mine but the coin has stood strong among POW coins and is currently one of the most profitable to mine. If you have a rack of 3060ti's there is more money in pool mining ERG right now than mining ETH. In addition ERG is less heat producing, is early in it's lifecycle and could be the next top Alt going into what will promise to be a bountiful Bull run in the next 18-24 months. Overall I am neutral right now, the coin should hold steady just below $2 for some time and then enjoy a quite nice run as it becomes the next Ethereum.
by SHOOZCOIN
8
ERG WatchPoints of Confluence 1. price is ranging within the downward channel 2. support found around .23 and .38 fibs .5 acting as resistance 3. potential (speculation) H&S 4. price imbalance is "filling" I expect price to react with the thick black trend line as such: _eventually_ break up and out of the triangle come back down and re-test that range (the triangle as well as fib) price will _eventually_ continue with break-out, or fail, and repeat. H4 TF is so low for me, I'm more of a macro trend guy. DYOR.
by b6d1016fdeb149be865b678a8ac935
ERGO buy signal and targetsERGO is looking better at this big time frame now We have a RSI buy signal so we will keep it simple and follow the money flow on smaller time frames until we may get more and more bullish signals on bigger time frames Just an idea about this coin So many coins are now in this setup Some will grow a lot some a little some will disappear with time.. From a TA perspective it would be easy to say this is the True market reversal No more manipulation no more false pretenses from here. He can only hope and stay focused ! For any coin review just leave a comment
by blackriver85
2