CLOAK is available for trading right now on the major exchange Bittrex and some other minor exchanges.
Binance is the biggest exchange of all. When a new coin is added to Binance, its price tends to shoot up really strong. The growth potential varies, but it can go from 20% to 500% or more.
You can check CLOAK's Twitter feed for some news on this, as well CloakCoin details on Binance.
Here are a few quick suggestions for this trade:
- Buy in within the following range: 0.00115 - 0.00150
- Sell at the following targets: 20-50% profits. Up to 100% and more 12-24 hours after Binance add.
- Decide your profits target and strategy before buying in and stick to it. For example, if you choose to aim for 30%, then go for it, but when you see 30% profits do not stay on the trade, sell, take your profits and move on. On a different note, if you go for 100% potential profits, then stick to it as well... the same with 5%, 10%, etc. Stick to your plan, but think carefully before choosing one.
- You can use a 10% stop loss (if the price goes 10% below 0.00115, you can choose to close your trade. This is completely up to you.
- Please trade at your own risk, choose wisely before deciding to buy this coin. Do not buy solely based on this recommendation, there is no guarantee that anything will happen. The price can go up as it can go down. Use this piece of information as a tool to better improve the odds of a successful trade.
- I love you for what you are... Remember your true-self...
- Ascending triangle breakout = success (up).
- SMA 20 crossing SMA 50 and 200. (green, blue and brown lines).
- Strong candles.
- This is a very short term analysis.
By the way, I wrote a post a while back called "CLOAK - Example of a missed opportunity", go and read it, you might enjoy it. Just click on the image below:
Quick chart view for your entertainment:
You can still hold long and wait and see if it is added to Binance, but so far nothing has happened.
Now, please keep in mind that my main target/goal was to earn 20-50% profits, which was achieved at least 3-5 times in a period of a few days.
For the "Binance add", as I called it, it would increase our potential profits as well as our risk.
This is the second trade that I share based on the "Binance add" news/rumors/source confirmation, this is definitely the last.
I never traded on news/rumors, but people really enjoy those and my source is really trusted to me, so I tried to adapt to please him and my followers as well, it didn't' work out and I take full responsibility for the fall. But you can count that it won't happen anymore. (Many warnings were given anyways, and good profits was made).
I hope you understand my position.
I wish to continue receiving your love.
I will take a 50/50 chance. I will sell half and keep the other half.
Maybe this can give you some ideas.
If you are still holding this coin, here you have some targets:
(1) 0.00179 * Target reached
(2) 0.00210 * Target reached
(3) 0.00250 * Target reached
All targets reached on 18th April. Top reached in this wave was 0.00325.
Thanks a lot for your support.
Enjoy your profits...
Here is the chart (blue dotted line represents the top reached):
It was a nice trade, still room left for growth though but I already moved on.
Many more opportunities will alawys come.
I am thinking of writing a few articles with the coins with the biggest potential and my favorites as well.