Ergo (ERG) 642% Potential Mapped (A New Cycle Starts)Currently we have a wide selection of many interesting pairs on the Tether (USDT) side of the Cryptocurrency market, too many to choose? No, not really. We can choose easily but I can say there are way too many that look good.
Many of these projects are new to me, to us, while many others are old. We already covered the old-timers and the Bitcoin (BTC) side of the market and so we will open up to new possibilities.
The pairs that I am looking at now all go beyond 20X potential. This one is an exception, Ergo (ERGUSDT), it is showing only 640% on the chart, but all the others on the list show between 1,800% to 2,500% or more. It is really surprising to see these pairs. It is like the Bittrex we used to have in the past but better, more organized and a wider selection. The projects look more solid. And by the way, the bullish market here can end up producing much more than 640%...
You will understand better as I start to share all the new analyses. There will always be many daily so we can cover a wide range in a short period of time. The trick is to read everything.
If you are doing this for a living or hoping to make a living, it is a small price to pay to read everything that I share daily. If you are doing the Altcoins with the intention of knowing what is going on behind the scenes, what the market is doing and what it will do next, it is a no brainer to read.
Imagine if you are hoping to make $10,000 or $100,000, or even $250,000 or $500,000 in this market in the coming year; reading would be the minimum requirement.
If you read all the trade-ideas that I publish, you won't need anything else. There is enough info and insight and numbers for you...
➖ ERGUSDT (Ergo)
Here we have a classic dynamic clearly depicted on the chart; a bullish wave developing after a bearish wave.
This was happening within a bear-market, so the dynamic will change. The bear/bull dynamic is always the same but in a bear-market each wave ends up producing a lower low compared to the previous one. Once we enter a bull-market, we will have a bullish wave developing after each bearish wave, which in this case would simply be a correction. Each time the up-move develops a pause and retraces, the end price of the down-move ends up as a higher low compared to the start of the bullish move.
This pair looks good.
Remember to focus on the long-term.
At this point in the game we are not looking for, nor recommending stop-losses. If one pair goes down too much, we hold long-term or buy more because a marketwide bull-market will happen in 2025.
Patience is the most important virtue right now, it can mean the difference between failure and success.
Thank you for reading.
Namaste.