APPC/BTC has been trending upwards on the 1D chart. Now with the 22EMA closing in to cross the 200EMA, it is sitting in a consolidation phase. On the 4HR chart, it is currently trying to break out of a triangle. The volume is still very low, however, the momentum showing on the STOCH RSI 1D is crossing upwards at 25 and 30 on the 4HR. I have put a BUY order in at 1904 SATS, which should find support on the 100EMA. My trade is as below:
BUY: 1904
SELL: T1 50% - 2134 (12.1% TP)
T2 50% - 2313 (21.5% TP)
SL: 1764
This is not trading, nor financial advice. Posted trades are based on my own TA, void of my opinion and only on how i read the chart and indicators. Always do your own technical analysis before attempting to trade anything. Trading carries a high degree of risk and may result in financial loss.
Please feel free to comment on my posts as i am always willing to learn through others. If you agree or like my analysis, please hit the LIKE button and feel free to follow me on TV.
Happy Trading!
BUY: 1904
SELL: T1 50% - 2134 (12.1% TP)
T2 50% - 2313 (21.5% TP)
SL: 1764
This is not trading, nor financial advice. Posted trades are based on my own TA, void of my opinion and only on how i read the chart and indicators. Always do your own technical analysis before attempting to trade anything. Trading carries a high degree of risk and may result in financial loss.
Please feel free to comment on my posts as i am always willing to learn through others. If you agree or like my analysis, please hit the LIKE button and feel free to follow me on TV.
Happy Trading!
Trade active:
After the trade missed my BUY order at 1904, i waited for it to open and close in the bullish channel on the next candle. I bought this trade at 1951SATS. The trade is now active.
Trade active:
APPC/BTC dumped along with BTC. Which has invalidated some of my trades. However, it did not hit my STOP and this trade is active.
Trade active:
TARGET 1 HIT (12.1% PROFIT)
Trade closed: target reached:
TARGET 2 HIT (21.5% PROFIT)
