LewisGlasgow

MaidSafe - Bullish Bat (Low Buying Level)

Long
What's up traders, today I'm looking at MAID/ BTC on the 4h chart with a bullish bat pattern, this pattern completes near the all time low for MaidSafe and it's exactly why it caught my attention.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

Credit to https://www.tradingview.com/u/KyleMcQuad... for spotting this formation.

Right now price has decline by 52% and the overall correction at the PRZ is 64%.

Once the pattern completes I will update the idea before going long!
Comment: Pay close attention to this setup completing over the next 2 weeks.

3200 is a solid buy zone for a long term hold.
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Comments

MAID getting interesting again
+1 Reply
@coinwide, it is indeed!
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coinwide LewisGlasgow
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coinwide coinwide
@coinwide, Daily looks amazing
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hey lewis. wondering if you been following the news on maid. Its being unlisted from bittrex in march for instance. Still think this'll be a solid buy?
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Hi. I'd like to know if there is any online Position Size Calculator for crypto currencies.
Thanks in advance!!
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I'll take 1 French maid at 300 satoshi please
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are we still waiting for it form bat formation?

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Nice one, going to follow you on this one. Apart from short-term trades, MAID is one of those coins that might be huge in the long-long run. Very ambitious project.
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LewisGlasgow TracksuitTrader
@TracksuitTrader, thank you! If we can get MAID below $0.25 that'll be a great long term hold.
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