MarcelV
Long

MAID successful investment round to be

POLONIEX:MAIDBTC   MaidSafeCoin / Bitcoin
509 6 12
Hi all,

Today we are going for a relatively safe long. Bullish news on MAIDSAFE investment round.

Entry: 1450-1500
Target: 1630+

FA:

TA:
Daily is in the chart, 4H is below. Both very bullish .
snapshot

Happy trading! :)
Trade active: Gonna provide some background... The news is important for MAIDSAFE, a lot. They were about to sell 21 million coins on exchange.

That's why price crashed from 1350 to 700.


And then some people came up with ideas, one of them is this bnktothefuture funding campaign. Unfortunately it seemed like they are not gonna reach the minimum limit. Up until now. Today the funding blasted through the roof!

So I think 1600+ should be easy to reach just on this news, and hopefully start a new uptrend that will hold :)
Comment: As we all saw, 1600+ HAD BEEN REACHED. :)
Like within 2 hours of this chart post haha. Then we dropped a lot and even below our entry, where we are now... at around 1400... That is quite weird and while we are getting closer and closer to Segwit with each day, and I recommend to be careful because of that, I am buying more MAID here, even more than what I sold at 1610.

Some FA news:
https://safenetforum.org/t/maidsafe-dev-update-october-4-2016-test-10/11415
https://safenetforum.org/t/a-brief-preview-of-maidsafes-planned-expansion/11345
https://bnktothefuture.com/pitches/maidsafe-net-ltd

When the funding round is finished, MAIDSAFE should receive a mega boost in terms of finances and can start making use of these resources. Expect stable growth over the incoming few months :)

TA will be added in upcoming days when the grunting over the crypto battlefield settles. We are now under attack of newly added REP market :]
I might be taking a small short on this soon :)
snapshot

+1 Reply
Soon Long again? :) Like your chart
Reply
Great work m8 !
Reply
Thank you, sir! :)
Reply
BTCana MarcelV
I'm back this time to take a big long :)
+1 Reply
More reasonable than short even though it worked quite well I see :P I stacked more longs down there sub 1400... really have some confidence in this trade... very soon rally will come. Big one :)
Reply
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