New coin FOMO? LOOM potential pathway

Who else missed that killer run ONT had from a mere $1-$2, to going up to over $10 recently? Well, Loom could potentially have that same kind of run, provided fomo kicks in and feeds the bulls. Trendlines and retracements look good with solid volume profile. Keep a stop loss handy in case it goes for a deeper retracement, although the 61.8 was hit with precision. There is always a chance things could go deeper.

Comment:

Looks like we are heading for the .786, would place buy orders around 5163 and a stop loss at 5k satoshis.