MAIDBTC Possible H&S formation

15 בפבר׳ 2018

We detected a possible H&S formation. The price is currently below the Ichimoku cloud while Stoch RSI indicates oversold zone, volume is rising, hence the price will go up to the upper edge of Ichi red resistance line. Then it will go down finishing H&S formation as Hull Moving Average (9) and Exponential/Simple Moving averages 200 indicate sell time. The price will fall till the blue zone where it is a perfect time to enter the market.