Category: MAIDsafe

MAIDsafe Technical Analysis for 05/04/2016 – Important Pivot Levels

On the 22nd of April, the MAIDsafe exchange rate plunged under the key pivot zone at 0.000165 – which I outlined in my last article – and continued lower over the next several days, hitting a low of 0.00010133 on April 26. Since the 26th, the market has been oscillating around several key pivot levels: 0.000145, 0.000128 and 0.000115.   The 0.000145 level acted as support on two occasions during …
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MAIDsafe Technical Analysis for 04/14/2016 – Price Trading Above Key Pivot 0.000165

On April 10, the MAIDsafe exchange rate dropped underneath a very significant pivot zone: 0.000165. When the market retraced back up to 0.000165 on the 11th, this area acted as resistance. This area has a very extensive history. The 4-hour chart shows that this area goes all the way back to the middle of February, when this level first acted as resistance. The 0.000165 zone also acted as support on …
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MAIDsafe Technical Analysis for 03/24/2016 – 0.00021 Turns Into Major Pivot Zone

Since the 17th of March, the 0.00021 price level has played a big role on the charts. Between the the 17th & 20th, 0.00021 prevented the market from breaking out four times. Price finally broke above 0.00021 on the 21st, and 0.00021 has been acting as support since that day. Seeing as price is now above 0.00021, it would seem that the path of least resistance is upward. While 0.00021 …
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MAIDsafe Technical Analysis for 03/18/2016 – Market Struggling to Find Direction Around Key Pivot Zone

In my previous MAIDsafe technical article, I outlined the importance of the 0.00024 pivot level and why traders needed to be mindful of it. On the 13th of March, the market broke underneath 0.00024 and this pivot started to act as resistance. This price level has become even more significant over the past week. Any future rallies will likely encounter resistance at 0.00024! The big pivot range between 0.000165-0.000180 – …
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