CryptoStation

✴️LoomNetwork/BTC (30/11) #LOOM $LOOM

Short
BINANCE:LOOMBTC   Loom Network / Bitcoin
LOOM is in pretty bad situation and is likely to fall sharply in the coming days. The good buy zones that we will buy are the 100sts and the 80sts. Do not buy too much because there is a possibility that LOOM will fall further and return to the 50sts.
However, if LOOM closes a 1D candle above the 160sts zone, it will be a sign of a new uptrend.

📈BUY- LONG
-Buy: 100-110sts if A.SL if B
-Buy: 80-90sts if A.SL if B

📉SELL-SHORT
-Sell: 150-160sts.SL if A
-Sell: 210-220sts.SL if A
-Sell: 335-350sts.SL if A

♻️BACK-UP
-Sell: 80-90sts if B.SL if A
-Buy: 50-60sts.SL if B
-Buy: 150-160sts if A.SL if B

❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.