MaidSafeCoin (MAIDUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, MaidSafeCoin began a wave one advance in November 2015. The red wave one finished in February 2016, and the red wave two correction ended in May 2016. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 2 this year, and the red wave four correction ended on November 2. If this wave count is correct, MaidSafeCoin should be heading next towards the September 2 peak in the red wave five.
(Chart courtesy of Tradingview.com)
Zooming in the four-hour chart, I believe MaidSafeCoin is currently in the red wave three (blue sub-wave v). The red wave one began on November 2.
(Chart courtesy of Tradingview.com)
Funnymentals
MaidSafe = MAID（Massive Array of Internet Disks) + SAFE (Secure Access For Everyone) network.
Here is an introduction to the SAFE Network.
(Source: https://maidsafe.net/)
If you think this analysis is correct, upvote this post and upvote the comment "MaidSafeCoin will takeout the September 2 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "MaidSafeCoin will drop below the November 2 low".
If you think MaidSafeCoin is in a range, upvote this post and upvote the comment "MaidSafeCoin will stay in a trading range between the November 2 low and the September 2 peak until December 10".
You can upvote the comment until 3 PM EST November 10 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).