Just testing my TA skill with the loom coin, check out the fibonacci retracement levels and the pattern it with take to hit points. Please leave your comments and any coin you would like me to take a look at.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
loom may have two case in continue :
case 1( green line ): if loom can hold 0.00000202 then according green arrow will touch 0.00000339
case 2( red line ) : if loom cant hold 0.00000202 and break it then according red arrow move to 0.00000130
then check 0.00000202 .
Buying LOOM here!
Loom is one of the top promising projects with Market Cap under $100 million marketcap.
Lying on strong horizontal support on 1D timeframe.
Forming double bottom W pattern on 4H timeframe.
Targets mentioned in above chart.
Loom is looking exceptionally bullish. Consider accumulating it slowly.
Expecting 50% profit from LOOM.
Accumulation level: 197 sats to 207 sats.
Note: You can accumulate below the accumulation level as well if the price falls.
Stop Loss: 183 sats.
Target 1: 239 sats.
Target 2: 267 sats.
Target 3: 294 sats.
Loom has great potential to grow so start filling...
Loom is ready to boom!
We have three really strong candles in the past few days for LOOMBTC which points to a change of trend.
Our most basic signal to gauge the potential of a pair is when we look at EMA10.
When prices are below EMA10, we see the potential leaning towards the bears.
Above EMA10, we have bullish potential.
Two days ago LOOMBTC managed to break...
Following a spike in volume two days ago, going long on a 4H breakout after a long consolidation shown in the daily and a strong support that held for long.
No exit target set for now. But if you have any set, feel free to share your insight.
