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 .
- and are both on the 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.