MaidSafe - Bullish Bat (Low Buying Level)

What's up traders, today I'm looking at MAID/BTC on the 4h chart with a bullish bat pattern, this pattern completes near the all time low for MaidSafe and it's exactly why it caught my attention.

The measurements for a valid bat pattern are detailed below.
B: 0.382 - 0.50
C: 0.382 - 0.886
D: 1.618 - 2.618
Final X to D: 0.886

Credit to www.tradingview.com/u/KyleMcQuade/ for spotting this formation.

Right now price has decline by 52% and the overall correction at the PRZ is 64%.

Once the pattern completes I will update the idea before going long!

Комментарий:

Pay close attention to this setup completing over the next 2 weeks.

3200 is a solid buy zone for a long term hold.