artgen567

APPC - 1D MA Cross & Super Low Volatility

Long
artgen567 Updated   
BINANCE:APPCBTC   None
APPC have a nice chance to go up. Super Low volatility & MA daily cross is good signal to enter.
Lets pump this coin to the next fib levels!
Trade active
Comment:
APPC breakout bottom range volume. And now in consolidation before run to the next fib levels.

Comment:
App like most coins in this market today followed Bitcoin.

What is remarkable is that we saw a big spike before the dive. The reasons may be different - a big player decided to move his investments or it was an insider position reset.

What to do when you see that the coin in which you invested survived in 1 minute a 80% drop? The first thing to do just in case is to check out the news of the exchange and the twitter of developers.

This month we have already seen cases of delisting due to loss of trust and people have lost more than 40% irrevocably in a few minutes. If the news is okay - in most cases it’s not worth worrying about. Such spikes quickly buy up, but very often involve minor corrections.

The day is not yet closed and it’s too early to speak, but the impulse from 1670 openly tells us that this market is not dead. Of course, the structure no longer looks so attractive. But very often, good opportunities are hidden behind ugly prices.

Whatever we think - this whole market right now is at the bottom. If we discard the desire to make a profit in a few days, then 2-3 weeks for most coins will be profitable in whatever position they are.

Big money is entering this space right now. And they want to get everything. It’s just a matter of time until people realize that selling their positions does not lead to radically new lows.

Comment:
APPC continues to show positive trend. It very good sign. Like YOYOW positive trend - this coin can rise in any time. One thing that you can do is add to position on every sell off near support line of trend like now.

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