CLOAK The Sleeping Bull
We consolidated the last rallies and the chart shows as a falling wedge in the daily time frame. The strong support level at 85k sat. seems to hold and we can see a possible double bottom forming there. The double bottom would be activated with a high above 235k sat. The target for the double bottom is 400k sat. Activating the double bottom can also be the start for the expected rally
which could lead us to about 1M sat. or 1.4M sat.
It's still time to accumulate now. Buy the dips!
Important price levels and targets
Strong Support: 85k sat.
Resistance: 345k sat. 550k sat.
Target: 1M sat. (0.01 BTC / CLOAK) 1.4M sat.