AppCoins (APPCBTC) is also very clear as to where it is headed next.
We had a low in late October and a higher low in late November followed by additional higher lows.
We can see EMA50 being challenged, the magenta bold line, with green/bullish volume going up.
The MACD is now above zero entering the bullish zone.
The RSI is also strong, trading above all resistance with plenty of room left for growth.
I like this pair because it tends to move strongly when it starts to go.
We now have many early bullish signals taking form.
Note: Just as prices go down, they can also move back up.
Remember to build a plan/strategy before buying into any coin.
We are bullish on this and many other altcoins and expect a bullish wave to happen now but if you see the red dashed line support taken out, things can change and prices go down.
Always have a plan and make sure to use a stop-loss when you trade.
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