MaidSafeCoin (MAID & eMAID) - Price & Trading topic (Part 2)

Don’t tell me to look at the volume.
Allow me some happiness.

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AHH the old triple inverted W formation on low volume.

Or the moon landing take off initiation pattern as it’s called in Japanese candle stick trading :slight_smile:

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Erm no… Xd
Also, forget about a proper maid bullrun this cycle.

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It’s not Christmas yet @blvd the grinch can go back to bed :wink:

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Right party pooper scratch him from the moon landing party :joy:

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Jim or Bux must have caught a few new suckers for punishment at their events :joy:

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Word has not reached Bitmart yet

https://www.bitmart.com/trade/en-US?symbol=EMAID_USDT

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I think @Josh is in the future and we have to catch up or possibly we could arb if josh can sell at his price in the future and we can buy at our price here in the past :slight_smile:

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Its one way of getting a toehold into the world of the super rich.

Or maybe not…

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Haha coinmarketcap sent me a moon notification :laughing:

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i never got one :frowning:

was it pretty ??

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Never thought I’d see doge coin worth more than a maid (emaid) coin. World had gone officialy bonkers.

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The power of musk

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Or sheaps, blind follow the blind and the one eyed man is King. I hope Musk buys ANT’s and bring the sheaps.

Anyone interested in my updated view on price action?

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Why not you’ve been spot on so far :woozy_face:

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There are a few interesting things I’ve noticed over the last few weeks.

Onchain is showing me that the big whales are accumulating. One of the addresses standing out is an address holding 4.8 million EMAID already and has been periodically buying chunks of 10k USD. There is 40.000 USDC left in the account and I’m expecting that to flow in within the next 2 weeks. 0x7b842C536e0a700BD2E92659FFbb09029181296c

What’s also interesting is the addition of liquidity on Uniswap, 1.3 million EMAID has been added as liquidity in the $0.30 to $4.00 range. Some may see this as selling pressure, but it’s actually a very important thing for bigger investors to dare enter the market is this will eventually become USDC liquidity. The larger range up to $4 indicates to me that people are expecting to reach new ATHs soon (otherwise it would be more profitable to enter the liquidity in a smaller range, raking in a bigger % of the fees).

On to the more technical analysis. VWAP bounce at mid 20s is looking good and strong. We’re above the hourly 50/128/200 period moving average, all 3 trending up with 50 above the 128 and 128 above the 200. Bullish short term momentum. The 4 hour 50 and 200 are crossing over as we speak and will soon look like the 1h.

We’re above the 50 day MA and the 128 aligns with the $0.43 level. Usually, I would expect a tap of that level, a retracement of ± 20% and then a pop. This time however, I think it is more likely we will blast through the level, soaking up all the liquidity and bounce right back off it shortly after. A flash crash to $0.305 is on the table as second most likely scenario, retesting the accumulation zone we’ve been in for the last few weeks and tapping the 50D moving average, expecting a rapid recovery should that happen.

Expecting volatility and volume to increase within a week or two. If you have not taken part in the accumulation in the mid 20 cents zone, I think your window is closing shortly. Non financial advice.

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i always enjoy a bit of your analysis @Mightyfool along with the analysis of @DeusNexus

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Looks like they have a lot more funds to deploy if they wish. The wallet you mentioned appears to be funded from this wallet which has about $10M in stablecoins and 825 ETH.

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That’s a kraken address :joy: that’s why you leave the analysis to the pro’s.

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