APPC has completely conquered the 150sts as a springboard for growth in the coming time. The target for APPC is the 300sts zone in January, which is a strong resistance zone and a potential reversal of APPC. If it conquers this area, it will increase sharply to the 500sts zone in February
-Buy: 150-160sts.SL if B
-Sell: 290-310sts if B.SL if A
💎Technical Analysis Summary💎
-AppCoins broke the weekly key support area
-The price made a new Swing Low around 273s sat
-This is Bearish technically in the midterm
-Because longer consolidation will occur
-Most likely scenario is to test old support
-If it turns out a new resistance zone
-APPC might travel downwards in the coming weeks
APPC has a strong price zone 350-400sts because it was moving sideways surround this zone until July 2019. This zone is a support if price is above it and it is a resistance if price is below it.
Now APPC is moving down from the higher price to this zone and it still has some possibility to move up again.
If you have APPC, believe in it and hold strong in case...