DollarsAndSense

Get out your moon boots!

Long
CLOAKBTC H Bittrex

Cloack having spent a long period in a tight range has started to catch the eye. Its been banging up a against a resistance Trendline for some time and on the daily bar yesterday closed above the line for the first time with todays bar having already retested and bounced long. So on the daily it has Advanced through the kevel, pulled Back to it, and then Advanced in the original direction. It’s the classic ABC on the Daily Chart and has me looking hard for a Long entry on the Shorter Time Frame.

On the Hourly chart it has been putting in lovely Higher Highs and Higher Lows, with last high extremely Bullish . It has just pulled back and towards the 20 EMA (Blue line) and recent Horizontal level 0.00105 and I am going to pre-empt the move and buy at current levels.

Because the entry is so aggressive I am going to use a stop loss off 0.00101.

Targets are The first bar to close above my entry bar, close a small amount of your trade.
Other Targets are just before my blue dotted lines

0.00125 Target 1
0.00134 Target 2
0.00145 Target 3


Price is moving quite strong already you can open positions.

Comment: Still moving strong :) Everybody loves profits for the weekend!
Comment: With a heading Get on your moon boots I am glad accuracy was in the TA!
Trade active: New Targets MAKE SURE YOU BANK PROFITS but if want to see next targets I have put them below just bank profits on way as these are a fair reach.

0.001754 Target 1
0.001985 Target 2
0.002381 Target 3
Comment: It has also been noted that this coin has lodged and is set to be listed on Binance.

This could break some very nice targets depending on timeframe of their listing.'

I believe info is on their twitter
Comment: cloak has found some support looks like we consolidate before our next move up
Comment: This trade has hit target 1, 2, 3, and 4 now 3 times on each run.

I hope you have banked profits each time.

Volume is still rising and we are sitting on a support, we may see another run and be aiming for targets again.

Also keeping in mind the fundamental news on their binance listing.

If I see another entry point I will be taking it and update you.
Comment: Hope everyone still has on their moon boots as we have just taken off again.

I expect we will see a retrace now and then continue up.

Comments

damn, bruh... I saw your post last night but was too sleepy to care. Will pay a lot more attention to what you say from now on. :D Awesome work!
+1 Reply
The targets uve posted have already been hit
+1 Reply
@Gringo1nlx, yes sorry i did update these we just had a nice retrace and should move again.
+2 Reply
Late to this party...are there any new entry points? Thanks
Reply
DollarsAndSense Franklin4573
@Franklin4573, I think you should wait for a better entry i will update if i see one if you follow me or the post you will get notified
+1 Reply
The reason for the last moon is most likely the Binance news... This can really affect the price in a very positive way.

You can find some of the details on my idea:

Thanks a lot for sharing.
Reply
siLve_R88 alanmasters
@alanmasters, what's with the numbers?
Reply
DollarsAndSense alanmasters
@alanmasters, Thanks for the update, we were banging up against the trendline for some time prior and it was due for a break out, once i seen the daily close above it was a clear indication on direction. I posted this trade a day or 2 ago and once it was published later found out the news on binance.

Reply
15 mins support... does that count for smtng?

Reply
Cloak hits targets quickly usually, there are little coins in circulation set targets dont be left holding the bag because the orders drop immensly when we go down
Reply
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