Long
APPC looking to breakout and test resistance
Updated
Almost hit support (blue line), but we have some nice volume and fat candlesticks (in smaller periods) to indicate a possible breakout to test resistance (red line) at around 14800.
MACD looking good and should see a black cross soon on squeeze momentum indicator (currently receding white cross red indicators, meaning a black cross may appear soon and change of momentum may occur).
If we do break resistance, APPC will be looking up, but there is also the matter of BTC, and where it is headed. Resistance may not be broken if BTC goes double bottom (and hits 8-9k USD).
If so, hodl life and wait it out as always. Just my 2 cents, I'm new to this :P
MACD looking good and should see a black cross soon on squeeze momentum indicator (currently receding white cross red indicators, meaning a black cross may appear soon and change of momentum may occur).
If we do break resistance, APPC will be looking up, but there is also the matter of BTC, and where it is headed. Resistance may not be broken if BTC goes double bottom (and hits 8-9k USD).
If so, hodl life and wait it out as always. Just my 2 cents, I'm new to this :P
Note
We are breaking up above the clouds!
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