Clams left to pump

Technichally we have the next indicators supporting a long

• (13, 21) and (144, 377) EMA bullish cross
  
• Daily MACD bullish cross
  
• Bull divergences in both daily RSI and MACD
  
• All time 6 points trendline broken and retested late april
  
• New solid trendline recently tested
  
• Volume picking up
  

Other factors that make this a potentially easy/lofical long:

• Fair coin distribution - there is no a composite man ready to dump massive amount of coins
  
• Margin coin in poloniex
  
• 15M market cap, that in current times, are peanuts
  
• In a market where almost every worthless shitcoin has made x10, CLAMS has been quite so far
  
• Legit project with over 100 contributors and over 4000 commits in github
  

Comentário:

Here a weekly outlook, with my three alma crossover (credits to @420snoop) signaling a buy, a 34,44 MA bullish cross, and the mentioned "all time" trendline.

Comentário:

The entry would be right here, at 0.00203 btc

Here, in the 4h chart we can see the three alma indicator also signaling a buy, plus the 34,55 ma bullish cross, and horizontal support holding.

PS. 2 comments above the weekly chart:
1. the ma cross is 34,55, and not 34,44
2. i forgot to mention the las closed weekly candle shape: and inverted hammer that could point to a reversal, confirmed by closing the current weekly candle in green

Comentário:

Those are the prices of interest.
120k for a stop loss
358k, 499k, 898k and 1438k for targets
Probably i will sell 20% - 35% - 30% - 15% at each one

Comentário:

Boring so far. let's see what happens with this triangle

Comentário:

s3.amazonaws.com/tra...shots/l/LI3l3ymk.png
Adjusted triangle in hourly chart

Comentário:

It was long and boring, but here we go.