On this chart, we are looking at a supported by a and . LOOMBTC is now strongly .
How do we know that prices will continue going up (aren't going lower)?
Prices can always go lower, the market is really unpredictable we can only read the signals coming from the charts.
The black line you see pointing down is MA200, prices tend to 'gravitate' towards these lines, giving us another signal that the strong support that has been tested 4 times already is likely to continue to hold.
We can also see a very strong increase in trading as well as an generally altcoins market.
Feel free to hit LIKE to show your support.