CloakCoin (CLOAKUSD) has broken out of the triangle pattern in the daily chart.
https://s10.postimg.org/nwnmsawih/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

**Elliott Wave Analysis**

In Elliott Wave terms, CloakCoin began a wave one advance on November 3, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 29, 2017, and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, CloakCoin should be heading next towards the December 29, 2017 peak in the red wave three.
https://s10.postimg.org/ruawhmbl5/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

Looking at the weekly chart, I believe CloakCoin is currently in the red wave five (blue sub-wave iii). The red wave five began on November 3, 2017.
https://s10.postimg.org/rhjibjo7d/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

In the monthly chart, CloakCoin is most likely in the red wave three (blue sub-wave v). The blue sub-wave five began on November 3, 2017.
https://s10.postimg.org/insltzj3t/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

**Funnymentals**

CloakCoin is private, secure, untraceable & decentralized digital currency. Here is a video "What Is CloakCoin In 3 Minutes!". The video was published by Stone Crypto on February 27.
https://youtu.be/WJSdNPcCx-U
(*Sources: https://www.cloakcoin.com/ and [YouTube](https://youtu.be/WJSdNPcCx-U)*)
https://s8.postimg.org/f8i0ggpit/nimet_n.png
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "CloakCoin will takeout the December 29, 2017 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "CloakCoin will drop below the November 3, 2017 low".

If you think CloakCoin is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "CloakCoin will stay in a trading range between the November 3, 2017 low and the December 29, 2017 peak until April 8".

You can upvote the comment until 3 PM EST March 6 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

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