CLOAKCOIN Technical Analysis

BITTREX:CLOAKBTC   CloakCoin / Bitcoin
Just a guess.
We face a downtrend, and it may continue down to 50K Sats . by the Q1 2018. After that movement, an uptrend for new ATH is possible. It all depends on BTC movements and trends.
As for fundamentals, we expect many news and announcements on project development and progress on Q1 2018. The history shows that we may face some delays on the expected dates shown on the project roadmap, but the project continues as planed. Roadmap can be found here:
My guess : the old coins are making new ATH s, and cloak coin will follow to make a new ATH. All updates weren t priced, they fall flat.
+1 Reply
chrivas esuran
@esuran, thanks for sharing your thoughts. Do you believe on what they say about 2018 will be the "Privacy Coins" year?
esuran chrivas
@chrivas, believe? I don t know. TA, rumors, news....You know the marktmakers are inventing new stories tu push up a coin.
It s on you to trust in your chosen coin, to hodl until your personally target is reached. I think cloak coin has high potential to be lifted on a new high price level in spring 2018.
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