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Long

CLOAKBTC Cup&Handle

By Skyrexio
Updated
MACD Level (12, 27), MA and EMA (10, 20, 50, 100, 200) indicate a buy state. On the 1-hour chart there is a cup and handle formation which is confirmed by Stoch RSI, Aroon (14) and Fib retracement levels. The price should go down to Fib 0.786 support level and then bounce back to the Fib 0.618 resistance level. Our signal for this coin is already in the Premium channel
Trade closed: target reached
Followed perfectly and reached all targets
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