AppCoins (APPC) Could be in Process of Rounded Primce Formation

in appcoin •  7 years ago 

SUMMARY

AppCoin (APPC/BTC) is in the process of completing a wide angled ABC correction. The blue subwaves of B and white fives waves of C are shown in the below chart. The subwaves of the final white 5 of red C show to be nearly complete. For the most part, price has been shown to be treking sideways since later February.

The overall curvature of price trend since the onset of the correction has been convex and that is quite common and leads to the rounded price formation. The C wave position would mark the mid point of this pattern and timewise, that reaches into early April. Even past the midpoint, the sideways action is likely to continue until a trend reversal can start putting in the right side wall of the pattern.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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I had no idea about this AppCoin.But now it seems there is a chance to improve the price of this coin.Thanks to @haejin sir for such useful post.@upvoted and resteemed

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Nice article, thanks for sharing

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Great Analysis. I just followed you. Do the same for me and lets help each other grow followers.

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Great Analysis. I just followed you. Do the same for me and lets help each other grow followers.