BITTREX:CLOAKUSD   CloakCoin / US Dollar (calculated by TradingView)
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Before reading this, you should know that's i'm very bullish on cloak and some people i consider are working in the dev team. Maybe i can be blind due to the love i have for the coin.
Also you should be careful buying any altcoins while BTC is partying and altcoins are in bear market.
That in mind, let's go :

FA : In the anonymous coin market, cloak is actually the outsider, some calling it "the sleeping giant". In work since 2014 and product will be released with Open Source q4 2017 q1 2018.
Actual marketcap is ~40 million which is very low compared to actual other anon coins. Enigma tech might be a a blast for anon transactions and the actual product is working absolutly fine and very user friendly.

TA : Cloak ascending channel has been disrupted by recent BTC moves and Altcoins bear market but as you can see 5$ support is resisting well and it seems like some smart people are loading bags in this zone ( hammer candles ).
Strong resistance near 10$ level, that can be blown with some fundamental moves ( someone said open source? ). That makes a very good range for trading.

Hope you enjoyed this moonchart, take care.
Trade closed: target reached
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