Pair: CLOAK/BTC
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
CloakCoin was designed to facilitate private, secure, decentralized & untraceable transfers with CloakCoin-ENIGMA. CloakCoin was one of the first digital currency concepts in the crypto market to address this inadequacy, and was introduced in 2014 with the aim of enabling people to use a coin that would provide total privacy, in a world that is more and more encroaching on the freedom of its population, stating real and perceived threats to national security as a reason to 'protect' its citizens.
Technical Analysis
- Descending Triangle
- Series Of Higher Lows
- Accumulation Range
- Ideal Volume Profile
Our Entry Zone
0.0002900 - 0.0003450
Our Targets
1: 0.0004650
2: 0.0005700
3: 0.0015700+
Our Stop Loss: 0.0002750
Don't forget to hit that like button and give us a follow, we really appreciate it!
Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Exchange: Binance
Trade Duration: Medium
Risk: Moderate
Introduction
CloakCoin was designed to facilitate private, secure, decentralized & untraceable transfers with CloakCoin-ENIGMA. CloakCoin was one of the first digital currency concepts in the crypto market to address this inadequacy, and was introduced in 2014 with the aim of enabling people to use a coin that would provide total privacy, in a world that is more and more encroaching on the freedom of its population, stating real and perceived threats to national security as a reason to 'protect' its citizens.
Technical Analysis
- Descending Triangle
- Series Of Higher Lows
- Accumulation Range
- Ideal Volume Profile
Our Entry Zone
0.0002900 - 0.0003450
Our Targets
1: 0.0004650
2: 0.0005700
3: 0.0015700+
Our Stop Loss: 0.0002750
Don't forget to hit that like button and give us a follow, we really appreciate it!
Comment your thoughts below.
And most importantly, enjoy your day!
Crypto Eye Team
------------------------------------------
DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
Comment:
Our Stop Loss was hit due to Binance delisting
