Re: [ANN][CLOAK] Private, Secure, Untraceable & Decentralized Digitalcurrency
The rally is running!
Yesterday the analysis said:
"CLOAK is attacking the the first resistances 195ksat. and 205k sat. If the resistance range 195k-205k can be passed with a daily close higher than 205k there's a high chance to see the ATH at 345k soon."
After the daily close was above 205k sat. CLOAK attacked the 270k target and jumped to a high at 300k sat. The old ATH at 355k is close and could be tested at any time. If the ATH can be passed there is a target at 560k sat. for CLOAK later on.
Unfortunately CLOAK is in a strong overbought situation in the daily timeframe already. The rally to the mentioned targets is intact but please don't be surprised when we see a few days consolidation like in the last 2 weeks. This is not a dump it's healthy for our rise!
Important price levels and targets
Strong Support: 155k sat.
Support: 200k sat.
Resistance: 300k sat. 345k sat.
Target: 270k sat. later ATH at 344k sat. and higher
Please also keep cashmens' (and the Cloak Teams') infos in mind and invest carefully:
Dear Cloak Community,
In light of the recent 'buzz' around Cloak, I'd like to take a moment to try and calm things down a bit. There are a lot of things being said about Cloak that are pure conjecture, so please take external statements with a pinch of salt. If information does not come directly from the team, then please be mindful. If you are considering purchasing Cloak, please bear in mind the huge increase in price that has occurred during the last few weeks and be aware that the price can drop just as sharply. Please never invest more than you can afford to lose! We still have a number of development/technical tasks to address prior to the open sourcing of the project, so please keep this in mind. We do not want anyone getting burned!
Also, please remember that we are still a small team with limited resources. There are lots of comparisons to Monero floating around at the moment and many of them are incorrect. Monero is a great coin and is considerably further down the line than Cloak in terms of development progress and functionality. If you are new to cryptocurrency, please be sensible and diversify your investments. Investing everything in a single project can be very risky!
Peace and Love,
cashmen (and Team Cloak)
In light of the recent 'buzz' around Cloak, I'd like to take a moment to try and calm things down a bit. There are a lot of things being said about Cloak that are pure conjecture, so please take external statements with a pinch of salt. If information does not come directly from the team, then please be mindful. If you are considering purchasing Cloak, please bear in mind the huge increase in price that has occurred during the last few weeks and be aware that the price can drop just as sharply. Please never invest more than you can afford to lose! We still have a number of development/technical tasks to address prior to the open sourcing of the project, so please keep this in mind. We do not want anyone getting burned!
Also, please remember that we are still a small team with limited resources. There are lots of comparisons to Monero floating around at the moment and many of them are incorrect. Monero is a great coin and is considerably further down the line than Cloak in terms of development progress and functionality. If you are new to cryptocurrency, please be sensible and diversify your investments. Investing everything in a single project can be very risky!
Peace and Love,
cashmen (and Team Cloak)