AppCoins is now challenging EMA100 after breaking above EMA10.
Let's take a look at this chart and see what will come next:
First we can see that APPCBTC is now trading above EMA10.
We can see a red long wick candle. The price was pushed down really hard and low, yet it can back up strong. APPC didn't break down and resumed its uptrend.
Moving up since touching 12th Sept. low with a significant increase in volume.
RSI and MACD are both on the bullish side yet show additional room left available for growth.
Profits potential is huge, 1000%+ (or 10x).
It can take some time before we break EMA100, several weeks or even less if the market gains more momentum.
If you decide to buy and trade APPCBTC based on this analysis, 0.00000989 is a good stop loss.
First resistance is EMA100 (0.00001976), followed by 0.00002400 and 0.00003410 as very strong. More than 50% profits can be earned short term with patience on the way up.
This is it for this post.
I really hope you enjoy it and can profit trading based on the trade ideas that I share with love.
Knowing always that many more opportunities will always come.