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.
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