Support zone: 0.12938-0.13514

readCrypto Mod Updated   
BINANCE:LOOMUSDT   Loom Network / TetherUS
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(LOOMUSDT chart)
There isn't much we can tell from the current charts.

However, the only thing is that the 0.12938-0.13514 section is the support section.

Accordingly, please refer to the LOOMKRW chart below.


(LOOMKRW chart)

(1M charts)
Since it has risen sharply above 83.5, support and resistance points can be identified.

It is necessary to confirm whether the HA-High indicator can be generated with this increase.

(1W chart)
The box range is 75.0-300.0.

However, the key is whether it can rise above 261.

If not, you should check for support around 182-190.

(1D chart)
A volume profile section is formed at point 209.

Accordingly, if the price rises to the 209-261 range and maintains the price, I think there is a high possibility of creating a new wave.

If not, and it falls, you need to check if it is supported around 177-188.

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** All explanations are for reference only and do not guarantee profit or loss in investment.

** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA

** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.

** This chart was created using my know-how.

There is not much you can tell about LOOM from Binance charts.

(LOOMUSD chart)

(1M charts)
As measured by Trend-Based Fib Extension, the current position is located around 1.618.

Therefore, if it fails to rise above 1.618, there is a possibility of a retreat to around 1-1.13.

[Example of exchange chart setup]



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