MAID/BTC - Renewed Wyckoff DistributionAn updated version of the last Wyckoff chart.
I’ve been looking at the bigger time frame where I noticed a strong shake-out when the price fell to the ATL or just above it. Some new entity was lucky and got his bags filled while price returned up again.
I consider this event ‘the spring’, where a big holder got shaken out (either by choice or accident, read price suppression) and that’s exactly what capitulation needs before price can start to rise up again.
Now the latest weekly chart on MAID/BTC with the same logic applied, the intermediate target is 4030 satoshis (0.00004030) as this is where the distribution range extends to after breaking the very long-term distribution pattern.
Price should double in matter of months if not a few weeks, but above 2260 will only the real fun begin. The setup however looks perfect and if I had to choose between all the many projects out there this would definitely be one of the more reliable ones based on from how low it comes and the fundamentals about how much this niche can still grow.
As you can see we are still at childs play, long-term holders are really happy about the current price increase and might want to sell but whale know that real potential lays a lot higher, starting from 7789 satoshis (0.00007789). Quick calculation from current price at 1594 tells we are still up for a whopping 489%+ increase from here in MAIDBTC.
-TheTrex
MAIDBTC
MAID ascending parallel channel. Rising tides how far can we go?MAID is currently in an ascending parallel channel and breaking through some long time resistances and in general testing previous resistance as support. At this moment there aren’t many exchanges listing MAID because of the lengthy development process but the fundamentals have never looked better for this 2014 coin that was one of (if not) the first ICO/crowdsales. Since there aren’t many exchanges listing MAID, the order books are thin and large purchases and sells can make the price volatile. It seems like the rising tide of bitcoin, bitcoin dominance, and small cap algo buying is partially to thank for this rise though there have been some interesting high volume spikes that on the buy side were likely the catalyst for that even.
With news of AT2 (Asynchronous Trustworthy Transfers), CRDT data types, and potentially fully anonymous and offline DBC (Digital Bearer Certificates) there has been some serious excitement that has the potential to be highly disruptive even to the blockchain space in general. The fundamentals are all there and if a new decentralized autonomous internet with free, fast, and anonymous transactions lives up to expectations this will be hugely profitable altcoin to have in anyone’s portfolio.
safenetforum.org has weekly dev updates to get you up to speed with the massive progress being maid ;)
MaidSafeCoin Bullish Breakout? (Please Help!)Is it me or it looks like MAIDBTC (MaidSafeCoin) just had a bullish breakout?
If the clicking was done correctly, we have 250%+ today for this altcoin pair and somehow I am getting the feeling that this can go higher... Wait, what?
Not really... When you see a breakout like this, step away, always, for sure.
The "opportunity" is already missed... But if one goes, a million more will come for sure.
For trading cryptocurrency, we always focus on buying "BEFORE" the breakout... So a chart like this one is no good for us.
But it can work as a signal though, it can tell you what it is about to come for other similar altcoin pairs and the altcoins market as a whole.
This is not financial advice.
Remember to have a plan/build a strategy before you trade.
Namaste.
MAIDBTC Swing!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
MAID/BTC - Everything is ready, are you?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 target is ~5900 satoshis which WILL be hit before 2020 (mark my words), if things take a big hype or maybe even Binance listing I would say 9350 is final major target for now (+258% from current break-out).
Why MAID? The project has been around for many years, their goal is clear and the world needs a more secure web. I would suggest to do your own research in any case while investing into any project, personally only can give this one a big thumbs up.
Good luck trading,
-TheTrex
MAIDBTC- WAIT FOR BREAKOUT AND CLEAR CLOSE ABOVE TREND LINE
- WAIT FOR RETEST
- EXECUTE
At the start of 2018, the network was in its Alpha 2 stage. It aims to be an entirely decentralized and completely secure computer network. The token is designed to reward people who donate processing power, data storage space and Internet bandwidth to keep it that way.
You can use the coin to purchase SAFE network services, with prices automatically set based on available resources and user demand.
The result promises to be a secure Internet network that lets you do everything you can on any other browser.
MAID trying to break bearish trend.We are bullish on a highest time frames. But on 4h we have bearish rejection after crushing mid term ATH around 4400.
So now we have typical correction.
As we are bullish on a daily chart I can suppose to open trend continuation trade. 3650 Level looks good as a reversal point.
You can see that we are starting to Make higher lows + higher high on oscillators ( additional sign that we a around reversal point).
4200 looks like a first stop in my scenario with a further continuation higher.
What we don't want to see:
1. Pin bar crushing 3500.
2. Price closing under 3600 with a further consolidation which may lead to a price drop.
What we want to see:
1. Price make higher highs + higher lows not only on oscillator but also on a graph.
This is not short term trade be ready to wait around 5-9 days.
Lets see how It goes.
Bullish $Maid$Maidsafe
-Bump and Run
-Prior Bullish Divergence
-Potential 2X and more
-Ja alpha 3.0 is coming for $maidsafe
Goodluck!
MaidSafeCoin will it break up?Looking at the weekly, we see MAID/BTC reached pretty much the all time lows again and traded in this big triangle all year long after it consolidating this price.
Here is my Daily Chart for MIAD with simple RSI.
I am waiting for volume to come in and the triangle to break. ( a candle to close above or below, preferably with volume)
The breakout should be violent and it will probably look like a classic elephant wave from which you can then trade the follow-up waves until we don't make wave higher. (or lower in case of break down)
Here are the resistance levels where you can expect a possible pullback.
Don't trade small moves, its not worth it most of the time for too many reasons to list here.
The white line is the volume MA that I set to 21 because the volume is very inconsistent and now I can easily see the trend of the volume the last 3 weeks.
Notice the still declining volume.
For our members: If you are interested in this coin you can also scale in by taking a lower timeframe chart and using the last elephant wave up to get your buy area.
MAID/BTC long position with solid R/RTechnicals only I didn't check or research this coin.
It is weekly chart so the action can take some time but only based on what I see pair is in the interesting moment. I marked with arrows triple bottom which is nicely respected by market. Triple bottom merged with lowest lows from the end of year 2015. It is not certain to me if the pair will bounce and will shoot up or temporally bounce and retest this rather solid support area. R/R is very fair I set up TP area in reasonable place. It is definitely very good place to enter the market.
TP areas :
around 6500 which I believe is quite possible (2:0)
around 9800 which it may happen. (4,5:1)
above 10k it is possible I think but I don't consider it for this particular trade.
High R:R Maidsafe Bull Flag-Bull Flag
-Rising wedge
-BBand squeeze
-Major EMA cross
-Histogram reversal
-RSI neutral
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 results in a powerful move higher, measuring the length of the prior flag pole.
MAIDSAFE Finally Bullish?!MAIDSAFE has seen tough times over the last 2 years. The Creation of a free internet is no easy task.
MAIDSAFE recent came back on my radar yesterday after pumping up 7 percent after a tank in price. While this may be a small pump relatively it does mean that MAID could be seeing some momentum.
I personally am observing at the moment. But keep an eye out for the following:
1. Crossing the 23.6 Fib level.
2. If the level takes the form as a support or hold resistance
3. Continuation to the Profit Target 1 & 2.
While these seem like big trades, they are merely short term.
This redzone is the first fib level from the 2016 ATH.
There is still a lot of ground to cover after the PT 1 & 2 are reached.
$MaidSafe UpdateWelcome Back!
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 retrace
Hopefully I can fill some low bids!
Want more updates? Subscribe to me on Youtube!
Link is in my profile description.
God Bless, Vajolleratzii
There is a possibility of the beginning an uptrend in MAIDBTCTechnical analysis:
. 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 .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000330 to 0.0000250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000330)
Ending of entry zone (0.0000250)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000417
TP2= @ 0.0000463
TP3= @ 0.0000524
TP4= @ 0.0000558
TP5= @ 0.0000670
TP6= @ 0.0000782
TP7= @ 0.0000879
TP8= @ 0.0001019
TP9= @ 0.0001232
TP10= @ 0.0001493
TP11= Free
There is a possibility of the beginning an uptrend in MAIDBTCTechnical analysis:
. 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 .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000330 to 0.0000250). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0000330)
Ending of entry zone (0.0000250)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.0000417
TP2= @ 0.0000463
TP3= @ 0.0000524
TP4= @ 0.0000558
TP5= @ 0.0000670
TP6= @ 0.0000782
TP7= @ 0.0000879
TP8= @ 0.0001019
TP9= @ 0.0001232
TP10= @ 0.0001493
TP11= Free
$Maidsafe RetraceHey Guys, Welcome Back!
Sorry for the delay, I have been working on getting my Youtube channel up and running with daily content.
It's been an adventure that I am very excited for, so make sure you subscribe! @vajolleratzii
Lot's of new content to come, hope to see you there :)
It's nice to finally see some action in the crypto market!
Maidsafe is currently working on a juicy market cycle that should yield very good results.
Prices just finished an Elliott Wave market cycle followed by a 5x5x3 correction. This correction was proceeded with a 5x3x5 correction followed by an ABC correction
which leads us to current price levels.
I expect this relief rally to end very soon with a sharp dump back through ichimoku resistance.
I'm watching these two lower trends to start accumulating back into this market.
Will update as trade progresses
God Bless, Vajolleratzii