Technichally we have the next indicators supporting a long
(13, 21) and (144, 377) EMA bullish cross
Daily MACD bullish cross
Bull divergences in both daily RSI and MACD
All time 6 points trendline broken and retested late april
New solid trendline recently tested
Volume picking up
Other factors that make this a potentially easy/lofical long:
Fair coin distribution - there is no a composite man ready to dump massive amount of coins
Margin coin in poloniex
15M market cap, that in current times, are peanuts
In a market where almost every worthless shitcoin has made x10, CLAMS has been quite so far
Legit project with over 100 contributors and over 4000 commits in github
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Here a weekly outlook, with my three alma crossover (credits to @420snoop) signaling a buy, a 34,44 MA bullish cross, and the mentioned "all time" trendline.
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The entry would be right here, at 0.00203 btc Here, in the 4h chart we can see the three alma indicator also signaling a buy, plus the 34,55 ma bullish cross, and horizontal support holding.
PS. 2 comments above the weekly chart: 1. the ma cross is 34,55, and not 34,44 2. i forgot to mention the las closed weekly candle shape: and inverted hammer that could point to a reversal, confirmed by closing the current weekly candle in green
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Those are the prices of interest. 120k for a stop loss 358k, 499k, 898k and 1438k for targets Probably i will sell 20% - 35% - 30% - 15% at each one
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Boring so far. let's see what happens with this triangle