After a huge spike in price APPC retraces on previous resistance levels , now new support level ( if this holds) , always a good time to buy this kind of pullbacks may lead to further bigger pumps
Take care trading
Price: Consolidating under Fib 23.60% (fib retracement from all time high to low)
All time high: Approximately +14000%
Twitter: Very active
My investment thesis:
Find magic internet coin with active community and high upside potential relative to previous all time high. Must also be in a somewhat relevant niche within crypto eg. Defi, gaming,...
After implementing some drawings and sketches in my chart, I will try to play with some of the fundamentals occurring with Appcoins.
Before jumping into the analysis and forecast, I want to introduce the reader some APPC facts.
1 - Appcoins is currently focused on disrupting the App Economy by giving more power to app developers & smartphone users.
appcusd can we bounce from here
if we can get a little help from BTC i think we have a good chance of a bounce in this area.
Love to hear your thoughts?
ill be watching price action from this area closely fpr a possible long
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...