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Long

Loom Is Getting Ready To Boom! Easy 95%+ Mapped

BINANCE:LOOMBTC   Loom Network / Bitcoin
Loom Is Ready To Boom! or so the charts are saying.

We are now looking at Loom Network ( LOOMBTC ) on the daily (D) timeframe.
Each candle is worth 24 hours.

  • Prices for LOOMBTC closed above EMA50 and EMA100 yesterday... So today momentum is starting to build up.
  • MA200 at 0.00000255 is being challenged today. To conquer this level, the daily candle must close above this price. Any close above 255 satoshis and MA200 has been conquered.
  • With MA200 conquered, this opens the room for fast and massive growth (green arrow).
  • Volume is going in favor of the bulls and we have on the MACD a bullish cross.
  • The RSI is also bullish /strong.

On the chart above, we have the targets mapped...
Thanks a lot for your reading.

Thanks a lot for your continued support.

Namaste.

Previous analysis | Jan 4
Loom Network Breaks Resistance On High Volume | 140% Next!
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i got rekt on this 😂
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Thanks Master
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