Hi everyone, this is beyond TA but it seems that CLOAK is heavily oversold after Binance delist, it had some pump/dump activity during recent months so it may be one of the delist reasons. While bags was filled for a long time for around 40% from where the price now groups probably will need to kick back.
Disclaimer: I am not related to this or any other...
Trade Duration: Medium
CloakCoin was designed to facilitate private, secure, decentralized & untraceable transfers with CloakCoin-ENIGMA. CloakCoin was one of the first digital currency concepts in the crypto market to address this inadequacy, and was introduced in 2014 with the aim of enabling...
what i expect cloak coin to do if btc continues to trade sideways or go up 100 usd every couple days. inverse head and shoulders with 2 different ways to break out to the upside. **cloak coinc is small market cap and people seem to be quick to take profits on it, i expect big candle stick to upside and quick sell offs**
cloakcoin is finishing his descending triangle pattern. We bottomed out, bc there is nt much more downbreak potential. A trendreversal is nearly in. In this case a new ATH can occur, likely in the fib range of 1,618-2,618. Here the target is given at the point of the middle trendline of the pitchfork. A parabolic move to 0,0068-0,0075 btc in autum is possible.