Long

target idea for cloak

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.
Trend Analysis

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