Ideas4Crypto

APPCBTC (APPC/BTC)- Has the downtrend run out of steam?

BINANCE:APPCBTC   None
While looking at the chart I believe that the downtrend may have run out of steam (based on RSI divergence), perhaps it is a good time to buy at a low and hold. I also notice the support line appears to be steady at around 0.00016000. As always if you buy in you should consider using a stop-limit in case it goes the other way. This is just an idea (I am not a professional and no one should blindly take advice), everyone should be doing their own analysis and make their own decisions. Let me know your thoughts and comments, I am always looking to better my analysis and will try to provide the best ideas I can. Thank you.
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.