Re: [ANN] [CLOAK] Cloakcoin | No Premine | X13 | Decentralized Market and PoSA
Theres hope but only if community grow some balls, and quit pressing the panic sell button everytime chartman posts a chart. I mean seriously...if you bought instead of sell then chartmans chart is wrong. His chart is right because community (weakhanded) listen and make it right. grow some balls and we can grow this coin.
But i post yesterday 2 scenario cause looking at chart I thought that we've chance to go a little above downward channel and even form solid uptrend!
Now we're going in 2nd, negative scenario BUT we're going next days to upper line of channel or slightly below.
Btw. I'm short term trader. If I'd be long term into Cloak I wouldn't even read this thread:)
This is base line and we can say that in mid Cloak is still in uptrend:
If we're going this week in uptrend, probaby it'll be something like head and shoulders with extended right part.
If price will fall below this line (without solid rebound), trend in mid will be probably changed.
It totally looks like we are in the capitulation phase... That double top with the bulltrap is exactly the same graph. I am afraid it might go below 130k... Will this go lower than that? If so, I really want to catch it lower instead.