APPC - still going down further
Updated
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!
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!
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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.
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