Alt Coin to look out for this week: AppCoin (APPCBTC)
AppCoin seems to be breaking out with strong upward movement on the One day chart , with strength and very good volume . Overall the coin is looking very Bullish.
Confirmations:
- Bullish divergence on the MACD and trending up.
- Bullish RSI and STOCH .
- Strong breakout on the daily chart .
- Strong bounce from new low.
Good volume and plenty of room available for growth.
Lastly I believe we have a symmetrical triangle forming in the 1hr chart which is a great indication.
In my opinion the bottom has been found and an entry on a position could potentially become very profitable with very low risk
Note: This is NOT trading or financial advice.
Let me know in the comments bellow what you think and any potential profitable alt coins to research.
I wish you all the best!