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AlanSantana
Dec 4, 2019 10:10 PM

Loom Network Ready For Strong Bullish Action | Easy 50%+ Long

Loom Network / BitcoinBinance

Description

The chart for Loom Network (LOOMBTC) is starting to look really bullish.

We have strong volume coming in for the bulls, as well as a recent break and retest of EMA10 (green), while now EMA50 (yellow) is being challenged.

The RSI is strong and trending up.

This set up can easily produce good gains.

The blue dashed line is the "support" if this level breaks LOOMBTC can easily move lower before moving back up.

Right now we are aiming higher...

Thanks for your support.

Namaste.
Comments
hossag
great work
AlanSantana
@hossag, Thanks.
UnknownUnicorn4418048
Thanks for this piece!
AlanSantana
@CryptoForevis, My pleasure.
blackriver85
Thank you
AlanSantana
@blackriver85, You're welcome.
blackriver85
@alanmasters, I have my fingers crossed, on 15 min chart usd pair , I see a head and shoulders, hope resistance holds
sidhabdn
Thanks Master
AlanSantana
@sidhabdn, Always. Thanks for the support.

Namaste.
Dazai_S1mpl
Awesome, thanks sir
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