💎Technical Analysis Summary💎 BINANCE: APPCBTC -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 -So I...
Price: Consolidating under Fib 23.60% (fib retracement from all time high to low) All time high: Approximately +14000% Twitter: Very active Niche: Gaming 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,...
APPC/BTC -APPC is starting to trade above the 200D MA again -both 100MA & 200MA are acting as dynamic support -potential new key support is 400 sats -needs to close above 415 sats to confirm breakout -upside target is 540 sats or higher -stoploss below 100MA
Bullish long term trade setup
$APPC is drawing a IHS If neckline is retest with success, it could be the way for a new move.