MAIDBTC has reached late 2015 lows again, confluence with a falling wedge that's been forming since January 2018.
Seems likely we're going to break out to the upside but have a stop loss just in case.
Entry - 0.00002361
Stop - 0.00001595
Target - 0.00007711
R:R - 8.44
Todays announcement is for MAID/BTC. This is one of the best trades around at the moment; with re-listing and probably even more listings in future, break-out of this wedge that took long time and active dev-team on github things are looking promising.
Based on my chart MAID should hit ~4400 in near future as FIRST stop, which is around 60%+ from here, then wedge...
-Major EMA cross
Bull Flag education:
The shape of the flag is not as important as the underlying psychology behind the pattern. Basically, despite a strong vertical rally, the stock refuses to drop appreciably, as bulls snap up any shares they can get. The breakout from a flag often...
. MAIDSAFECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.
. There is a possibility of...
This will be another update from my previous call on Maidsafe.
Previously i said we were in a 5x5x3 correction and we were first starting the ABC of the 3.
We are still retracing however, we are very close to the end of this cycle.
My count puts me at another lower low from here to complete the 5.
My green box will be my target for catching the...
Orginally, I thought we would have a ABC correction back to lower trend lines .
I now realize my Elliott Wave count was off just slighly.
After further analysis I've come to the conclusion we still have a 5 wave left before we start a retrace.
Price is currently breaking out of a bull flag which indicates continuation is ahead!
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It's nice to finally see some action in the crypto market!
Maidsafe is currently...
MaidSafeCoin/BTC on Polo showing a Daily and Weekly Squeeze, headed LONG with a possible confirmation candle on the Sunday July 15th close.
With a little mini breakout on this descending triangle we can hope for a pull back to roughly 5575. Now I understand that is asking a lot being that it's currently at 5879 and we are trying to confirm Long and not bust...
MaidSafe coin seem to have established an uptrend while continuously producing higher highs and higher lows. After MAID/BTC found the low at 2900 satoshis, price has been steadily rising. Price broke above the 327.2% Fibs and reached the high at 6780 satoshis.
On the corrective wave down, price found the support at 4820 satoshis, where it has rejected the 3/1...
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...
While we still have no clear answer to when the launch of the SAFE Network will be (hinted at this year), MAID has finally broken over the daily 200ma for the first time since it fell through in July of 2017.
We had a nice bullish move up to the upper 6k range, which is usually a major distribution zone and we saw that once again.
Now after falling about 30%...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 10th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 70.29% PROFIT!!!
The increase in price may also be explained by positive developments including:
September 2017: MaidSafe releases SAFE Network Alpha 2 which releases...
Maid/BTC is one of those coins that has a great and active development/PR team. They do updates every week on their blog (about what they updated on github or events they attend). BTC-ratio wise this coin is still in accumulation phase and wants to retest (4) of the downtrend in near future, 2W MACD is about to cross up after a nearly 330-365 days downtrend. Stoch...
Looking to enter Maidsafe on margin at Poloniex. It seems to have bottomed out and is trending up. Will look to enter on or close to this trendline. This will kind of depend on BTC, I think we might have one more drop but alts seem to be coming back because people are comfortable with this BTC price range.
This could be a nice trade, if it hits the main target at...