Loomi

Loomi

We're finally seeing some bullish market structure on this pair. We're retaking old lows that were flipped to resistances. Think we'll bounce from this hourly order block, break the first resistance with that momentum, then I'll see how the second one reacts.

Loomi

Haven’t gone in depth but at a glance this chart looks bottomed and primed. Large weekly bullish divergence.

Loomi

Repeat of yesterday? Very similar market structure.

Loomi

4 knocks and pullbacks at resistance. The more a resistance is tested the weaker it becomes. 5th time is the charm? Market as a whole looks great so I think it is. Old ATH is marked, that should break soon. XTZ/BTC is still pretty ugly though, but the USD pair might lead the way. This vaporcoin has had too much coverage on shitcoin twitter over the past...

Loomi

Personally I'm bullish. BUT whenever I've been this bullish on altcoins in the past BTC has always ruined the fun and I like to learn from my mistakes. This would not catch me with my pants down.

Loomi

When XRP wants to pump, you better watch out.

Loomi

This entry would be wonderful... I don't think weekly resistance (purple line) will hold another test. It might just pump from here actually but I don't recommend buying resistance. But in either case the next weekly resistance would be the target.

Loomi

Beautiful iH&S forming. Clear invalidation below. Aim for monthly resistance above.

Loomi

So LTC has always followed BTC pretty closely. BTC broke it’s All Time High ages ago. ETH followed soon after. Why would LTC be any different?

Loomi

That line is where I think we’ll be soon

Loomi

If the weekly closes up here it’s over for the Bears. Rocket to $13.8k, which is the last major monthly and weekly resistance. Can’t wait.

Loomi

We’re bouncing from a horizontal support, trend line support, the 100 moving average and there’s also bullish divergence on the RSI. Do with that info as you please.

Loomi

If we can screw over the FIB traders trying to short here we have clear skys to the 7 dollar zone.

Loomi Updated 

Resistance turned to support. Moving averages on every time frame turned to support. Next resistance is our traditional horizontal one and it's a ways above. Above that is the 200 MA which is now acting like a magnet. I should check where the 100MA is though.

Loomi

They say BTC can't keep going but why not? It's as if it would be unprecedented. This is a 12M(SPX) Vs 1M(BTC) chart. So yea BTC still has a lot of room to 🚀🚀🚀

Loomi

Strong resistance flipped support. Smaller time frames flipping positive on the indicators. Wanna see this weekly close bullish engulfing and I can long with conviction.

Loomi

Looks good on all time frames. Showing strength going into last two clear resistances. I'd love to see some consolidation in the purple box, OR a strong move up and retest of the top resistance. Not buying just yet but keeping my eyes on it for a good entry.

Loomi

We made a new high. Retested the old high as support. And are consolidating above the new support now. A bit more consolidation leading into buy signals from the MACD and Stoch would be a good long signal.