I'm a $CLAM bull . Believe it or not!I still believe my 2013-2014 coin theory stands true and $CLAM will go UP UP UP!
I'm a bull I guess...
This one has been YEARS in the making...
Clamsbtc
CLAM - Elliott wavesThe downward trend to 33435 has been reached, which means that CLAMS will soon be ready to go up again, with this revised correction wave, we recommend having a target lower than target fibs.
EP: 37210
TP: 110369
TG: 157618
Do not forget SL to DCB room with altcoin that has continuous DCB history like CLAMS
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Clam. Probably a long play sometime this month. July 2018Clams is looking like it could be a long in the near future. This is on Poloniex and you can play it on margin. It looks to have bottomed out and is making the first signs of waking up. Late last month you can see someone sold a bunch of it, well it was only $120,000 and you can see the kind of impact that kind of cash has on this coin. Looking at the volume on polo there is less than 1BTC trading at the time of this post.
I am thinking set alerts for it to hit the 50% fib at around 0.0004 btc. Look for it to start to turn there on smaller time-frames and buy some. A conservative target would be 0.00056 which is a 40% rise and if you have it with margin you are looking at 100% +
Should it start to move more people would notice and the volume would increase, if now there is only 1btc trading it, imagine it with 10. That would be a 1000% increase and surley would have positive effects on the price. So yeah add it to your watchlist, set alarms and look to get in on this should it start to move.
As with everything it depends on BTC price, should that take another dive everything else will too so be prepared to sell if that happens even take a loss you dont want to get stuck in some shitcoin for months waiting to breakeven.
Looking at the daily chart you can get some idea of targets to go for.
That huge 400% target does not seem so far fetched if you look at it on the weekly chart.
A look vs USD to give you a sense of prices.
CLAM vs Bitcoin Increased VolatilityRecently CLAM has been trading under the increased volatility and on the 24th of June price produced a spike in both direction, up and down, with the range of 75%. Prior to the spike, the double bottom has been formed at 36180 satoshis, although after the volatility price failed to close below that support level.
Today CLAMS/BTC gained over 15% and went from the 36180 support up to the current price at 40800 satoshis. The interesting point is that CLAM is trading right at the downtrend trendline and produced a high at 42323 sats. Break and close above this resistance should push price further up towards the 61.8% Fibs at 47k satoshis.
If that resistance is broken, further uptrend should be expected, this time it could rise towards the previous high at 60k satoshis. And only break and close above that resistance could suggest the beginning of an uptrend, rather just a corrective wave up.