We have a strong Adam & Eve bottom pattern formed between June and September 2023, we also have a long-term higher low based on session closed for Loom Network (LOOMUSD) looking back to June 2022.
These two are major signals but that's not all.
LOOMUSD is trading above MA200 and EMA300, well, above all the moving averages and there is no resistance left.
This pair is in the same situation as some of those I showed you recently, LeverFi & Flamingo for example. It already went through consolidation, bullish breakout and the rest. Now, fast and strong growth can happen any day because strong resistance has already been removed.
👉 Here I am mapping an 88% target but there can be much more. Think of HiFi where I mapped 200% but the pair grew 600%+. (These charts are available in the 'Related Ideas' below)
Thanks a lot for your support.
Namaste.
Trade closed: target reached
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This went beyond our "easy 88%" target and hit a peak of 161%. Additional growth is always possible when we consider the bigger picture.