In the chart 
ANY probably is heading to test the demand zone @ $5.50 area.
This is confirmed if price broke the rising channel downside.
It needs big catalysts RIGHT NOW.
ANY probably is heading to test the demand zone @ $5.50 area. This is confirmed if price broke the rising channel downside.
It needs big catalysts RIGHT NOW.
Note
First target reached. We are still on the trend.Note
It’s now in a re-accumulation zone even if the trend is broken.Note
Trend is broken and price reached an interesting accumulation zone (green box). Hopefully it shows reversal signs and go up again.
Stop loss should be active in this region and depends on the level of risk you are taking.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.