Long

MAIDBTC - MaidSafe Hidden Gem

Updated

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 RSI is pointing up, longer TF's look ready, team is great and what they strive for sounds promising (similar to SIA). If you are looking to invest longer-term this is a great choice.

I have another chart on MAIDBTC too, but thought this one might be more ordered and clearer to read. Plus many updates can get a bit unorganized. I myself are adding every major dip and looking to hold for atleast 2-3 months if not longer.

Good luck trading,
-TheTrex

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Longterm target is 8000

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The old artistic chart of MAID

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My aim is 1 August 6300-8000

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1 July*

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Find more weekly updates on their blog! safenetforum.org/t/maidsafe-dev-update-may-3-2018/23306

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We enter a long-term bullish phase now! Several week atleast

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We have some great milestones this week including the merging of bingden branch and a new C# developer in the Chennai office! Read the full #SAFENetwork update now: t.co/nwRgQ2U73R

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"As many will be aware, we are developing a SAFE Academy website as a resource to help people learn more about the technology behind the SAFE Network. The first version will initially be a stripped-back version, with the rest of the content being built out over time. After working on this project intermittently over the past few months, we now have an internal review of the first version of the SAFE Academy scheduled for the end of next week. All being well, we should then be clearer on a projected launch date for the Academy."

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Even more fun, daily MACD turning bull too and we already had a nice big up candle prior!

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Daily chart, notice MACD and retest of top of distribution channel, ready set go!

Trade active

MAID really tanking all the dips! Sign of Strength, today first day that daily MACD crossed bullish again since 23 april.

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Minimum short-term targets are 5000 & 5300

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MAID getting to point where we might go slightly parabolic, every major dip is nicely being bought :D

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MAID next leg up incoming!

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Breakout should be between now and few hours.

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I just spotted this BIG Adam and Eve pattern! Search it on google if you don't know what it is. The breakout targets are in the chart below.

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Based on this adam and eve pattern we are looking at targets of 10300 and 15100. That's 3-4x from here if it plays out!

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MAID breaking top resistance, next leg up now expected.

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Article about MaidSafe blogs.jwatch.org/general-medicine/index.php/2018/05/bitcoin-medicine-and-more/

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So MAID did a pretty nice uprun! We are now retesting some lower support and looks like we are making a cup and handle. Price dropped to 61.8% which normal for bullish correction, Safe Academy still on scheduel for release somewhere this or next week? I'm buying all the dips on this one

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Here you go, took some time but extensive analysis of MAID (BTC&USD).

So I did some Technical Analysis on both the MAID/BTC and USD pair. The longterm trend for both looks bullish and fundamentals should drive price futher up.

On BTC pair, we got a great entry point since 2W MACD has crossed to bullish after a long downtrend and will continue to go up longterm (lets say 280 downtrend, 23.6%-38.2% of this time we can assume it minimum to be bullish before reversing for correction, so 66-106 days approx from here). Price is also at nearly all-time low which makes it an interesting entry point for accumulation. Stoch RSI is still heading up on this yellow line and if it can break above would result in a more bullish trend and outbreak.
Most interesting is the volume here, this is critical and a good reliable signal. The volume is in a decline or consolidating, which means we are finding a bottom and once it breaks up this downtrend bigger buys will happen, looking at the end of this triangle should break up before end of July (but could be early too, depending how well the Safe Academy is received).
Price in general tend to retest (iv) of a major downtrend, which is around 9000 satoshis, higher prices are possible and would mean a more bullish trend seeking for even higher levels 11000-15800 seems to be good range if it breaks above.

Looking at the USD pair, we have seen three impulse waves and quite a steep correction, this big peak corresponds to bitcoins peak where market was extremely bullish but collapsed quite a bit. This downtrend also shows three downwaves again with (iv) as a possible harmonic retracement around 0.48-0.55 cent. If we look at fibonacci retracement range between 0.48 (23.6%) and 0.65 (38.2%) is common and would also correspond to the resistance of the previous two peaks in uptrend (I & II). Furthermore, looking at the 1W MACD, this looks about to cross up and turn bullish, so price will be carried up. Stoch RSI is nearing top of channel but can extend up here for longer amounts of time, especially if longer timeframe provide good support. I assume price will likely be making upwaves towards (iv) with some corrections on the way up.

BTC is still influence the market to some extent but since longterm support on both BTC and USD pair look bullish and with the release of fundamentals (safe academy/network in future) price should still be heading up.

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Bought up all the major dips, hope most of the weak holders are gone now as we paint a nice cup and handle! Target of small cup after volume breaks out (5190-5441) and larger cup (5536-5944).

Trade active

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MAID/USD MACD just crossed bullish on weekly.

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Weekly MACD MAID/USD

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People are afraid that MAID might dump if BTC does, but it has been one of the best hedges so far. Good inverse relation and gaining more than BTC loses!

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Maid is up 39% in 17 days (since 9990 BTC-top) while BTC is down 20%, leaving a net profit of +19% while hedging.

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Big announcement will come today said maid CEO David Irvine in tweet this week.
"Hey everyone, the update will be Thursday as normal, the marketing team is putting out snippets and teasers before then. Hope you are not disappointed. The wait will be worth it as this result will speed up the development significantly and also answer questions others are desperately trying to find. I will say more on Thursday, but its time we as a community start to say it like it is and stop the nonsense. This is a huge proposition, disbelieved by many but now will be proven by all of us. Our time is now folks, you will see. Home straight here we come"

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Some tweets of official MaidSafe Twitter on 21 May:

"In last week's #SAFENetwork Dev Update we promised a big announcement in routing this week, keep your eyes open to find out what's coming"

"It's not Alpha 3, we think it's bigger than that! Exciting news coming soon from the #SAFENetwork"

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Inverse H&S and starting to break resistance here, get ready!

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BIG NEWS! medium.com/safenetwork/parsec-a-paradigm-shift-for-asynchronous-and-permissionless-consensus-e312d721f9d8

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Great great run so far! Hope everyone who joined is happy. Looking to sell a bit in 6600-8800 area, 12H macd still on strong rise and broke above previous resistance, and price breaking 1.618-2 extension so 2.618 is possible.

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Another great thing, I do most frequent updates on my Telegram channel which you can find in my signature! We reached 1000 subscribers today which is AWSOME, thank you so much everyone for following me, more great things to come in future!

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Maid is far from topped! MACD and Volume analysis show this.

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Some bigger sells but price doesnt fall that much lower, sign of accumulation and strength.

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I have been saying hedging is great on MAIDBTC for a very good reason! Look at all the other major altcoins, they have been falling since 7 may! Other alts (XRP,ETH,LTC,XMR,DASH)

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Long signal on 4h, target 6524

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Maid just broke up from 61.8% resistance zone!

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Thinking we can retest 6545 and 6780 soon.

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Another great article about MaidSafe, showing that it's much more than just another different decentralized whitepaper. techcrunch.com/2018/06/02/not-just-another-decentralized-web-whitepaper/

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High odds of breaking above previous high! Targets in place.

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We must break this double to continue to be bullish, if it goes below 5666 if will enter a longer bearish correction again.

TheTrex

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