MaidSafe ranging trading idea :: 09/06/2017

in cryptocurrency •  8 years ago 

Very interesting one. Firstly, massive range that happens quickly over a day or couple of days. Also, look at the dates - volume picks up in the first week of the month. BTW the swing is 29% between the buy and sell. BTW - the last two swings happened very quickly - I don't think I would catch them - so unless you a day trader you probably going to have to have your order placed and have an alarm set so once in can place your sell order.

BTW, this is more a trading range than what I would call support and resistance - if I was drawing support, would probably put it slap on the 0.00016000. RSI though is not very supportive of my theory!

maidsafe daily 09 06.JPG

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