AppCoins (APPC) Mapped Long-Term For 420%+
Updated
Look at the long upper wick on the late Jan./early Feb. candle, it went up all the way to 600 satoshis.
This candle is also high volume and came for APPCBTC to break and close above (conquer) EMA10.
What this tells us, the meaning of the signal, is that someone bought in big and with prices increasing and the altcoins market being strongly bullish, all sell orders have been taken out, the next time that AppCoins (APPCBTC) moves it can be big.
EMA10 was again tested as support last week and it held.
Now EMA21 at 178 satoshis is being challenged.
420%+ is possible for the APPCBTC pair if prices can break and close above EMA50 weekly.
The bulls are now in control. (GREEN)
Thanks a lot for reading.
Namaste.
This candle is also high volume and came for APPCBTC to break and close above (conquer) EMA10.
What this tells us, the meaning of the signal, is that someone bought in big and with prices increasing and the altcoins market being strongly bullish, all sell orders have been taken out, the next time that AppCoins (APPCBTC) moves it can be big.
EMA10 was again tested as support last week and it held.
Now EMA21 at 178 satoshis is being challenged.
420%+ is possible for the APPCBTC pair if prices can break and close above EMA50 weekly.
The bulls are now in control. (GREEN)
Thanks a lot for reading.
Namaste.
Note
That's a strong breakout... Enjoy the profits.
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