MAIDSAFE MAIDBTC building strong support over the daily 200ma!

After almost a year of being stuck under the daily 200ma(black line), we had a nice price move into the high 6k sats. Since then maid has fallen back to the 200ma multiple times and has closed over each day so far! Looks like it could take some weeks again before this moves big again but buying on or around that 200ma seems like a easy win for a longer term play.

I dont believe maid will be breaking 10k sats anytime soon but a move up to the 8k sat range from here would be a "moon" in my book.

Will keep an eye on this and update accordingly.

Trade active:

Looking good already. Heavy resistance at 5300 and 5450 area coming. Should be a good week coming for maid.

Trade active:

perfect move up here on this potential giant cup and handle on the weekly.

Should have major resistance between 62-6400

Comment:

Okay, so we only made it to 6100 before another major sell off. But the good news here is, we tapped the daily 200ma PERFECTLY, again. Showing us we still have a major area for support, which used to be the biggest resistance :)

Comment:

seeing a typical rising wedge forming on this bounce from the daily 200ma.
Albeit, indicators are strong right now showing a possible nice move (before another test down) coming in the next few days.

1st tp is 5400
2nd tp 55-5600

Trade active

Trade closed manually:

Well it was rage dumped back under the daily 200ma during the alt bear storm. Back to the lows from earlier this year and seems to be holding. Will update soon.