MaidSafeCoin (Poloniex: MAIDBTC) has broken out of the triangle pattern in the weekly 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 in March 2016, and the red wave two (blue sub-waves a-b-c) correction ended in December 2017. If this wave count is correct, MaidSafeCoin should be heading next towards the March 2016 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
MaidSafe is a company founded by David Irvine in 2006, which has a mission to provide security and privacy for everyone by building a better internet platform. Check out below how it works.
(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 July 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 October 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 October low and the July peak until December 26".
(Chart courtesy of Tradingview.com (log scale))
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