Aergo is a Korean based Crypto helping businesses using their data to take part in the blockchain industry. With apps using banking and stock services. It also handles NFT based transactions.
Technical Analysis:
As you can see there is a huge inverted H+S in play (grey arches) and a Cup'n Handle (blue arches). Moreover i used Fibonaccis from last Price Action to identify locations of interest and showing 2 straight white lines on the Logarithmic MACD giving us a perfect convergence.
IMO if the Cup'n Handle plays out we will have a local top in the regression channel around the 1.236 at 1015 satoshis, correct down and finally arrive up onto the 1.618 Fibonacci at around 1527-1864 satoshis. This is the medium term.
Longterm i can see the inv H+S playing out after a retest in the 600 Satoshis region, bringing us up to 2.618 around 4445 satoshis. Keep in mind that this goal is very hypothetical!
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Disclaimer: The offered chart and it's assumptions are my own opinion and not a trading advice.
As referencee i but up my old AQMS Aqua Metals Chart where you can see a similar price action. Assuming crypto is much faster with that price action i reckon AQMS could mimic AERGO/BTC in the future. Giving another opportunity to act in the stock market. ;)