. 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.
. There is a possibility of...
White trend line (super trend) acts as bullish trend to signify re-entry/rejection.
Rising Wedge pattern plus super trend re-entry with higher closes and higher lows gives high probability movement towards the upside to finish off the 5th leg to 0.00034.
Possible rejection if price action moves above the super trend but returns back below.