I’m often curious about the patterns people see and the interpretations they apply when it comes to price charts. That being said, I’m also mildly surprised that MAID is still hanging in the 10 cents range. Were MAID to have recouped as much of it’s previous ATH as BTC has, it would be trading at around 78 cents at the moment. Given the seeming proximity to Fleming, a price in that range seems like a bargain.
For those of you who divine the price charts, how would you explain the current price performance? Given the current state of the order books what would a move to 78 cents entail (I.e. are there people waiting to sell at that level? If so, relatively how many? How much additional demand or what level of orders would push the price?)
As many here have predicted, we’re now in a market environment where MAID and (more specifically) SAFE could greatly benefit from a rising tide that raises all ships. What is the likelihood (at the moment) of catching that wave?