MAID preparing for new wave
Updated
It seems that MAID has started a new market cycle and it's currently preparing for a new wave.
It is currently on a downtrend and wants to test 0.618 fib retracement level.
But may also go lower than that.
After breaking the 6h supportive Ichimolu cloud, I will personally watch out the trade as we may be in a bulltrap.
Also after MAID breaks the resistance cloud, it may retest it and it may have another retracement, this forming the Elliot Wave 4.
Will look to sell in old support and resistance areas
MAID wasn't affected too much by BTC moves but will have a close watch if BTC tries to make a huge move as it could ruin this trade.
It is currently on a downtrend and wants to test 0.618 fib retracement level.
But may also go lower than that.
After breaking the 6h supportive Ichimolu cloud, I will personally watch out the trade as we may be in a bulltrap.
Also after MAID breaks the resistance cloud, it may retest it and it may have another retracement, this forming the Elliot Wave 4.
Will look to sell in old support and resistance areas
MAID wasn't affected too much by BTC moves but will have a close watch if BTC tries to make a huge move as it could ruin this trade.
Trade closed manually
Will just invalidate this as the coin was removed from bittrex (this also caused a price drop). Will buy more on POLO and sell around 0.000075
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