Support zone: 0.12938-0.13514

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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.

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(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.

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Comment:

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.