Crypto Contest November 9: MaidSafeCoin

in #maidsafecoin4 years ago

MaidSafeCoin (MAIDUSD) has broken out of the triangle pattern in the daily chart.

nimet_n.png

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, MaidSafeCoin began a wave one advance in November 2015. The red wave one finished in February 2016, and the red wave two correction ended in May 2016. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 2 this year, and the red wave four correction ended on November 2. If this wave count is correct, MaidSafeCoin should be heading next towards the September 2 peak in the red wave five.

nimet_n.png

(Chart courtesy of Tradingview.com)

Zooming in the four-hour chart, I believe MaidSafeCoin is currently in the red wave three (blue sub-wave v). The red wave one began on November 2.

nimet_n.png

(Chart courtesy of Tradingview.com)

Funnymentals

MaidSafe = MAID(Massive Array of Internet Disks) + SAFE (Secure Access For Everyone) network.

Here is an introduction to the SAFE Network.

(Source: https://maidsafe.net/)

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If you think this analysis is correct, upvote this post and upvote the comment "MaidSafeCoin will takeout the September 2 peak".

If you think this analysis is wrong, upvote this post and upvote the comment "MaidSafeCoin will drop below the November 2 low".

If you think MaidSafeCoin is in a range, upvote this post and upvote the comment "MaidSafeCoin will stay in a trading range between the November 2 low and the September 2 peak until December 10".

You can upvote the comment until 3 PM EST November 10 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).

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MaidSafeCoin will takeout the September 2 peak (25 voters as of 3 PM EST November 10: bleujay, bentleycapital, lydon.sipe, eirik, simonjay, reconnectnature, catena, toofasteddie, abh12345, mprgrmmr, heroic15397, komischername, anetchen, digitalking, mihail.tsvetkov, cassidyandfranks, me-do, carlosdaniel, allmonitors, elisablogs, amfid4846, kanoe, wallsnow, heidelbaer, arpepa).

No doubt :-)

when would be your deadline for that be true instead of range?

December 10 is the deadline.

so it's like always one month and a day more?

Correct.

MaidSafeCoin will stay in a trading range between the November 2 low and the September 2 peak until December 10 (25 voters as of 3 PM EST November 10: soundmoney, twinner, flemingfarm, me-tarzan, lucasgabd, misalen, starline, crokkon, tzap90, osmanbugra, incrediblesnow, mirda, coolthings, ahinga, criptorafa, richard78624, ragnaros, yefet, andy23, napkin, bluewinter, barcalogia, freskil, abay, koskl).

MaidSafeCoin will drop below the November 2 low (7 voters as of 3 PM EST November 10: gregory-f, dlina-v-metrah, lasper, jznsamuel, gunsmithing, sweethoney, gergi6a).

thank u for sharing dear friend

Thank you live-with-love.

your welcome dear friend i will so happy if you visit my blog and sharing your oppenian with me❤❤

Commented on your blog.

Can really see a lot about maidsafe in the charts - it's steadily growing and appears to be worth looking into. Thanks!

nice post.

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