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.
Maidbitoin
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:
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