MaidSafeCoin (MAID/BTC)


added on 06 February

MaidSafeCoin (MAID/BTC) 4-hour chart
MaidSafeCoin (MAID/BTC) 4-hour chart

Current Condition,
: Narrowing triangle pattern, breakout is imminent
: Tenkan-sen above Kijun-sen above cloud
: Flatten and downward leaning ADX and RSI
: ADX at 12.5 indicating sideways market
: RSI at 49.5 choppy on direction
: Senkou Span A crossing Leading Span B temporarily. (less significant)

Trade Idea,
Ichimoku Clouds is redundant as it is moving into more flatten latitude. The slumpping momentum is directing a berish bias trade. I used it just as reference on the on goin trend.
: Looking at the full candlestick form outside of the triangle channel.
: Observe the RSI and its divergence.

BTC Exchange Used,
Livecoin
Poloniex

Outline


The market looks choppy and hardly a great set up to trade. But the break away from the triangle present a good opportunity to hook on the swing. The buildup is similar to my previous trade setup on the same MaidSafeCoin on January 25. I didn’t manage to publish that post as the setup was progressed quicker than i thought. This time, the breakup could take up to 24 hours to played out.

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BTC Exchanges and Charts With Altcoin Trading,


Yobit
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Virwox
Livecoin
BitMex Futures
Simple FX
Bter
Whale Club
Poloniex




Please do your own due diligence before making any investment decision. This article should not serve as investment advice. This post is mainly as reference and tutorial for trading on possible cryptocurrency breakout.