HI Mr Baggy Cloakstein-Bagholdsteiner!
I tell you something!
SELL OFF SOON.
(bagholders can name it "FUD OMG FUD, someone is not hyping coin so he's ugly Fudd McFUDerstein lol:)
Cloak below 150k.
Why?
Lack of fuel, lack of buyers, too many sellers.
https://bitcoinwisdom.com/markets/mintpal/cloakbtc
Mark my words. SELL OFF is just a part of natural chart.
CLOAK had 2 chances but couldn't even reach 300k range..
PEAK as a triple-top in short and bulltrap as a nice double top.
OFC if great news will come ASAP, maybe price will rise fast but I wouldn't bet on that.
So i think SELL OFF is very possible.
My guess: Buy point - 100-130k, rebound to 160-180k and downtrend, rebound after only great news.