Excuse the clutter, tried to get as much historical trends in as possible. This coin has a clear history of cups and handles with huge swings going both ways. GREAT setup for the long term trader looking for 3x-5x and then reload profits. With current setup, we have a CLEAR and PERFECT Cup and Handle that bounced off several MAJOR support zones. First, on Ichimoku Cloud (which i turned off due to clutter), it bounced off the TK line, which also happened to be the .618 Fib correction line AND the 200MA. Eyes lit up on a bounce with all 3 support levels happening in the same spot!
Dev team is a lot more active on Twitter and I see a new update/article out almost daily which shows they're really trying to get this baby rolling.
Key Points: Market Cap: $55,949,499 USD (no..I'm not joking...its crazy low!) Supply: 5,132,840 CLOAK (no..i'm not joking...also crazy low!) POS (Proof of Stake) coin with 6% interest earned with coins in wallet (Dash has 8% but only offers to masternodes only, Cloak offers 6% to EVERYONE who simply owns the coin and puts in their wallet) Blocktime: 60 seconds (Twice as fast as Monero and Dash) Superior anonymity over Dash and Monero...and a FRACTION of the value. If this coin has the same market cap as Monero and Dash...This would be a $500-700 coin.
Given historical trends of its swings and runs, huge gains ahead...and will get it now with Binance listing and recent exposure. Happy Mooning!
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