BINANCE:APPCUSD   AppCoins / US Dollar (calculated by TradingView)
204 6
Some weeks back several TA's were proclaiming that APPC had bottomed out and could only go up from there. I didn't understand that. I am always looking at both, APPC/USD and APPC/BTC .

That was the first time I decided to believed in my own analysis more than other's and it turned out to be the right call. APPC broke the long term support and kept falling since then.

Movement highly depends on BTC . As I believe BTC will drop more my guess is the patterns here will play out and target is about $0.30.

I might be completely wrong! Don't take this as financial advice!
Trade active: We are heading towards target. Depending on BTC we might even see a lower target of around $0.15, but currently the target should be somewhere between $0.25 - $0.30.

BTC is dictating this right now.

@karlkrawall As you predicted, it hit 0.3 on March 18! Now back to 0.4 (end of May )
Another BullTrap on 15/03/18....
We are falling very fast to 0.30 and maybe, we can enter en 0.2x
karlkrawall sergio00
@sergio00, Yes. All depends on BTC. If BTC breaks further down towards $6K, APPC might target $0.25, or even below.
sergio00 karlkrawall
@karlkrawall, BTC 7200 ----APPC 0.31 u$s + or - / BTC 6000 --- APPC 0.25 or less . Was very funny the bulltrap on 15/02/18 LOL . The end of this movie was obviously
karlkrawall sergio00
@sergio00, remember I am just guessing about the numbers, they might be wrong! The bull trap was in my opinion just an after-wave of the bigger waves (white dotted triangles). I'll post an update image above.
+1 Reply
With downtrend is better see the char APPC/USD, I am agree with you.
We go to +- $0.30
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