Tuesday, 6 September 2016

MAIDSAFECOIN FUNDAMENTALS AND TECHNICALS: A GOOD REASON TO INVEST

FUNDAMENTALS

With MaidSafe rebuilding secure decentralised internet with BnkToTheFuture equity fundraising.....

And MaidSafe's funding on BnkToTheFuture coming up on 12th September which would run for 30 days.

Traders and investors may begin consider investing in the coin for a medium to semi long term....

See reasons


http://www.ibtimes.co.uk/maidsafe-rebuilding-secure-decentralised-internet-bnktothefuture-equity-fundraising-1579724



TECHNICALS



Taking a look at the daily charts of maidsafe... We can see that the coin has enjoyed a fair share of the uptrend for the past two months... Except for a retracement on the downside for 2 weeks now...

From the charts the coin seems to be oversold considering the RSI indicator (circled in the image).... This may however indicate exhaustion on the bears side....

With the fundamental news about the coin we may see a bounce off the support line (green line)  to the upside in the days to come...



Courtesy 
NANOKEN

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