ForecastCity
Long

There is a possibility of the beginning an uptrend in MAIDBTC

POLONIEX:MAIDBTC   MaidSafeCoin / Bitcoin
Technical analysis:
. MAIDSAFECOIN/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 27.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue.

Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0000330 to 0.0000250). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Beginning of entry zone (0.0000330)
Ending of entry zone (0.0000250)

Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing", "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:

Take Profits:
TP1= @ 0.0000417
TP2= @ 0.0000463
TP3= @ 0.0000524
TP4= @ 0.0000558
TP5= @ 0.0000670
TP6= @ 0.0000782
TP7= @ 0.0000879
TP8= @ 0.0001019
TP9= @ 0.0001232
TP10= @ 0.0001493
TP11= Free
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