MAIDBTC
$MAIDSAFE Accumulation Ascending TriangleI like this coin because i can margin trade it on Poloniex.
On the daily time frame we still need to break out of ichimoku resistance.
Against the dollar we have a clean breakout of ATH.
Will be holding for at least 5x :)
MAIDBTC important zoneWe are just entering important resistance zone. We will see what is going to happend.
We can expect to bounce to lower support zones and then expect second try to get above resistance. If price will get above resistance in first try, then we can expect bouncing to lower zones and then we can start with buyin (entering long positions)
MAID big days ahead? if it breaks up this might go moonAfter breaking the downtrend I am really curious to see how it will react on the 7500 zone, was the support for a long time, will it hold as a resistance or will it go above it again?
What are your thoughts?
MaidSafeCoin vs Bitcoin Rejecting The SupportFollowing the previous idea on MaidSafeCoin/Bitcoin , it broke below the 227.2% Fibonacci support at 4k satoshi. The next wave down was stopped at the next Fibs support, 261.8% level, that is 2.5k satoshi.
Price clearly bounced of that price and at the same time rejected the lower trendline of the descending channel. Currently, MAID/BTC stuck between 4k satoshi minor resistance and 2.5k satoshi support. Seems that MaidSafe coin at the very bottom although to confirm that break above the 4k resistance is required. If it manages to go higher, 10k satoshi psychological level should be the first upside target that is right at the upper trendline of the descending channel. However, it could be not just a correctional wave down but also a trend reversal.
On the downside note, only a weekly close below 2.5k satoshi support could invalidate bullish outlook.
MAID getting ready to breakout and moon? We are breaking out a new ATH in MAID/USD and we are seeing an attempt to breakout the downtrend in MAID/BTC.
Wondering if it will push through...
What are your thoughts?
MAIDBTC - possible run up / totaly dead coin?We are currently on 1y old bottom.... so there should be expected some push up...
MAID:BTC Long Broke out of a downward trendMAID broke out of its downward trendline. I expect we will revisit the previous resistance line of 7000 satoshis.
I'll be entering at current levels of 5400, with a tight stop at the downward trendline of around 4990. Risk/reward 4:1.
MaidSafe possible Elliott Wave CountThis is one probable Elliott Wave Count. If this is correct we could see MAID to reach the long term wave 5 in November. Price bounced from the uptrend line. RSI confirmed price reversal and we got potential for up movement.
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maidsafe growingafter so many months seems we are at the bottom and some up moves on the way, this is weekly chart and we see a small blue bar growing slowly
time to pick up some not put much money yet, you have 5 months for this one to find top point 4x or 5x,
so on the way u can add to your positions after confirmed uptrend
i ll wait btc drop then i ll buy some btc and this one and others
still we need 1 month to be bullish for alts, always check weekly charts and then decide
maidnot mature; weekly chart is red and this means even rise sometimes daily base, it ll fall again
if you wantto buy for few months lets wait 1- 2 weeks to see weekly chart histogram and other indicators turn to bullish
you know bullish, even decrease sometimes you ll earn at the end
so waiting is worth for this one
maid still need to waitthis is weekly chart of maid,
even Daily turn to bullish as long as weekly chart is not green we shouldnt buy, yes you can see some up movement but next day or few days later another bottom can be hit
if next week wee see macd histogram is up, we ll check Daily to enter a set up, this way is safer than take risk always and loss
MaidSafe to correct before dropping further with trendLooks like MaidSafe will likely continue the downward trend after a hiccup back to the .50 on the fib retracement. I'm placing some sell orders at ~11800 sats & closing around 10600 sats.