As you can see during 2015 we experienced a move from 0.00002000 to 0.00029400 within 4-5 months which is around a 1300% increase in price.
Currently, price is respecting the level, if we see a break of this level we will see an increase to 0.00029400, thus providing an excellent opportunity to buy!
If we fail to break the 0.618 level we will see a drop back down to the trendline before sky-rocketing, this is where I would enter my position (in a perfect world).
The main purpose of this post is to highlight the key price structure within the market, refer to this chart whether you're going long or short.
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We're currently trading in-between the trendline and 0.618 retracement level.
If all goes well with the release it could bring the much needed attention to MaidSafe.
I agree with you, it has found support and I do not see it breaking anytime soon.
Thanks for commenting.