(Trade this coin on Binance from the link in my signature below
APPC is another coin that I know nothing about. But, I looked it up and it has a nice webpage. I like projects that have spent the time on a good webpage because at least it's marketable, and this space is all about marketing right now.
Appcoin also has a total supply of 450,000,000 and at its current price of ~$1.42 it has a market cap of ~148MM.
ICX by comparison has a supply of 400,000,000 and is currently selling for ~$7+.
I think APPC has a nicer webpage than ICX.
APPC is also at a very low price in its very short history. Stoch is oversold, negative momentum is starting to taper, and volume is still decent, yet not high, at 1400BTC. This is good because it means the coins low price is not a result of heavy unloading.
APPC with a modest target retrace to the 0.236 at 26.7k Sats would yield a risk-to-reward ratio of 3.94 pending a stop below the "all-time low".
I think this is one of the jucier potential trades on Binance right now.
== Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
Apparently the APPC team has burned the unsold tokens and circulating supply is actually 246,000,000. This makes this coin an even better buy at current prices.
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Still patient on this coin. It's round bottoming and stabilizing on the hourly and still looks good on the daily.
Heading into Kumo resistance while trading sideways. Stoch is down, price is not.
Easier to trade these coins on longer terms with wider stops, for sure.
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Liftoff finally.
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Excellent recovery after pullback.
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So for APPC I'm thinking based on the size of the original breakout, the length of the retracement, and the tapering sell volume now that price is at a double bottom that we may have just had the MM do a test pump, which means I'm still holding this trade for now.
Held up pretty well considering the Bitcoin shakeup.
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Can't post Kucoin coins on TradingView because unsupported, but here's one that I think is amazing
nice, you're starting to cover some good coins, keep it up.. and im sure you saw teh huge error made by CZ of Binance that caused the big drop, he posted on his twitter that 40mm was gone, it made peoplle think BNB was hacked, he apologized later, but as teh market tanked the day after the coin never recovered...in fact they made 200mm (trading revenue) so BNB is trading at less than 2x forward sales... should be a 30b company, crazy!
foorakedmak
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Hi River, thanks for this. In what timeframe ballpark would you estimate it hitting your target ?
soheild
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Oh my god I just sold it like 1.5 hours ago at 14.9 eth fml
@soheild, I just looked at it again and saw it actually took off.
I've done it before. It's always a lesson in patience.
webmi
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Ohhh,... went other way totaly
kitkat16
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Does this one look like it's getting bullish again? Might be an opp to buy in before the next wave up?
degentrader1111
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Also, anyway you could chart HTML coin? Its a BTC/ETH/QTUM hybrid, no one really knows about it yet, but I think its going to be huge this year and I spoke with the team personally. Its available on bluetrade exchange. currently around 21-22 satoshis, tiny volume (40BTC) but was 1 satoshi 2 weeks ago
degentrader1111
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it corrected down to where I entered the trade. Are we still going long on this, or is btc ruining the party?
degentrader1111
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@ehidalgo919, thanks for the update rivers...RSI looking bullish as well, im going to hold for now too