Crypto Contest November 4: MaidSafeCoin

MaidSafeCoin has broken the trend line from the October 24 peak.

(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe MaidSafeCoin has completed one cycle from the June 13 low. The five wave advance finished on the August 24, and the three wave correction ended on the October 29. If this wave count is correct, MaidSafeCoin should be heading next towards the August 24 peak.

(Chart courtesy of Tradingview.com)
Looking at the weekly chart, MaidSafeCoin is currently most likely in the wave five (sub-wave iii). The wave one started in the November 2015, and ended later that month. The wave two correction finished in the December 2015. The wave three advance ended in the February 2016, and the wave four correction finished on the June 13.

(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long MaidSafeCoin.

If you think this analysis is correct, upvote this post and upvote the comment "MaidSafeCoin will takeout the October 24 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "MaidSafeCoin will drop below the October 29 low".
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