ERGO Analysis, Current situation and strong pressure points. Testing strong support now!

Hey guys,
New analysis on ERGO, it's a coin with a good technology behind it, many miner are using it on lower end GPUs to mine for small profits. So I decided to give more attention to how this coin is behaving now and to try to find it's pressure points for an possible upwards movement.

This coins is heavily mined and this can make the graph to have a different behavior, it seems that the miners are been aggressive and there is someone buying all the offer without forcing the price to move up. Lets see the graph:

the price has found a massive Support, players are acting on it hard, been tested 4 times before.

We can analyse this graph and see that the price is trading in a range, it's locked between $8.5 and $11.5. this region is good for trading since there is as region of 25% for the price to bound up and down. Now we can analyse the price movement, there is a strong bearish sentiment on the Volume, however those are the miners, the big players seem to be buying the maximum of this coin when it hits the lower price of $8.5

The price has been tested 4 times at $8.5, and is now possible it can engage in a new bullish movement. Most of liquidity now is going to bigger coins like BTC and ETH, when they start their correction the cash will flow to smaller coins like this one.

There is basically no support past $11.5 region, the aggression we can see on the left of the map in blue is to show where there was more negotiations for price. The lack of negotiations may make the price go up or lower fast. The only smaller resistance in the path to the top now is around $13.5.

If you believe in this coin, it is starting to give signals of a possible change in tendency, the resistance is acting strong, and now with low volume, any player can easily move this coin to it's all time high.

If one is looking for Support and Resistances this is the Graph:

We have pressure points at $8.5, $11.5, $13.5, $16 and $18

The players are fighting heavy on the bottom, miners are vending their coins and now big players are acquiring all the coins they can. Now that the price and touched the pressure point again it could be a nice movement to enter upwards and do some trading.

Be careful the prices here show where the coin could feel strong price action. EMAs are starting to press the price against the support, once the price is above the heavy EMA I think that bots would drive the movement upwards again. The key of this move for me is the EMAs, they are used by bots and you can see that when they are touched there is aggression, if the price stays above it, the movement could go upwards fast. Bots are buying this coin while they can keep it's value low.

What do you think about this coin? Do u believe in these support and resistance for pressure points? Do you also believe that the bots are creating pressure points on the EMAs?
Tell me more about it! any coin your recommend for analysis?!