MaidSafeCoin (MAIDUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, MaidSafeCoin began a wave one advance in November 2015. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 2 this year, and the red wave two (blue sub-waves a-b-c) correction ended on March 30. If this wave count is correct, MaidSafeCoin should be heading next towards the January 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
MaidSafeCoin is a proxy token that was released during MaidSafe's crowd sale and will be swapped for Safecoin on a 1:1 basis when Safecoin is released. The team uploaded a new introduction video on April 24.
(Sources: https://maidsafe.net/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "MaidSafeCoin will takeout the January 2 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "MaidSafeCoin will drop below the March 30 low".
If you think MaidSafeCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "MaidSafeCoin will stay in a trading range between the March 30 low and the January 2 peak until June 9".
You can upvote the comment until 3 PM EST May 7 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Bonus
I will be sending one Trophy Token (@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.
MaidSafeCoin will takeout the January 2 peak (30 voters as of 3 PM EST May 7: bleujay, steemquestions, revelationquotes, bentleycapital, simonjay, allyouneedtoknow, bxlphabet, misalen, scootbuttons, me-do, mister.green, steem-d-anlovnit, tfeldman, koskl, libert, mihail.tsvetkov, portillo, kunschj, harryp3, galasek, nordina, utkarshvarma, cosminblaga, andy23, ragnaros, askeb, sandeei, borban, sportschallenge, cata22).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MaidSafeCoin will stay in a trading range between the March 30 low and the January 2 peak until June 9 (30 voters as of 3 PM EST May 7: gregory-f, glennolua, soundmoney, freiheit50, flemingfarm, toofasteddie, crokkon, mgood, steemit.nemesis, jznsamuel, komischername, starline, cryptotem, diogosantos, reconnectnature, rothberg, themovieplace, richard78624, costanza, mirda, coolthings, nicolaepavelean, stalexmkl, mitrado, elisablogs, easymoney202, neo-wiza, cmoljoe, ahinga, heidelbaer).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You won.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MaidSafeCoin will drop below the March 30 low (8 voters as of 3 PM EST May 7: sqlinsix, skepticology, dlina-v-metrah, barbadosso, tzap90, sam009, criptorafa, photo-moment).
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great information, very complete and focused, we have learned new things. Thanks for sharing, we liked it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MaidSafeCoin will takeout the January 1 peak
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MaidSafeCoin will fluctuate its trading range between the minimum of March 30 and the maximum of January 2. Until June 9 with an upward trend.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
MaidSafeCoin will rise above the minimum by March 30.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Please upvote the right comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit