$ACH is attempting to reverse off August 6th support line

Whether it's the news that Germany can now trade ACH or simple charting. ACH is currently bouncing off of it's previous August 6th resistance line of $.06XX. As of writing this idea, it has trying hard to break through the first two barriers ($.0735 and $.0800) of a 7 day Fibonacci retracement, and is fighting it's way up past sellers trying to reclaim their losses. Recent trends over the past week suggest that this won't surpass more than a $.0300 gain which puts it at $.0935 so if it breaches both the 3rd and 4th barriers ($.0850 and $.0900) of the Fib then you might want to think about where you can take profit or cut previous losses to a smaller number.

It still is not fundamentally clear where this coin is headed until more concrete news and/or other market listings (wink wink Binance) occur.