#loom Targets (bullish Scenario)- If we get a break above descending triangle. 1 $loom has retraced around 50fib region of minor wave1. 2 Minor Wave 3 target is :9568-9400sats (161.8fib ext ) 3 Resistance levels above are at 6227-6450 (1H SMA's & Trendline resistance) 4> $loom Minor wave 3 can be confirmed only if resistances :6227-6450 (1H SMA's & Trendline...
First Idea - Please go easy on me :) LOOM has some room to get some massive advantage over the next few weeks, IF Bitcoin behaves! Has a massive support line at 0.38 fib, coninciding with the end of impulsive wave 2. Vitalik supports this coin so long term play also looks good. Disclaimer: This is not financial advice. You make the decisions, you're in control...
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of May 2018 . Using this buy in point and selling at today's price, you would have expected to net 12.47% PROFIT!!! IN LESS THAN 24 HOURS!!! The increase in price may also be explained by positive developments including : April 3: Loom Network SDK Alpha release ...
5/12/18 *UPDATE* - Loom broke down from the symmetrical triangle (blue line) due to BTC volatility - Looks like it'll try to retest previous strong resistance areas - Will look to enter at these key resistance/support areas, but just watching/and waiting for now * This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
So here I give you an updated count, as you can see we're are currently finding resistance at the 100% after our bounce off the 61.8%. What I'd be watching for is how deep the wave 2 will fall, as we may get an extended correction and retest the bottom trendline. The question is now, where we'll bounce and begin our wave 3/5 up toward the big "(3)" I'd be...
Setup: - Newly listed on Kucoin - waiting for bounce off the 0.618 fib/ lower trendline launchpad for confirmation - looking for higher lows on 4H RSI for confirmation - Stoch RSI bottomed on 4H timeframe Events: 6/30: Public beta release of Loom SDK Buy: < 6100 sat Target 1: 7160 sat (+21%, RR=4) Target 2: 7900 sat (+34%, RR=6.5) Target 3: 8200 sat (+39%,...
Whats up to all my peepz, Lets get into this LOOM chart, its been added to binance on May 1st which is my birthday so this coin is special to me. as soon this coin got added it took off which means there is high demand. On this 2HR chart you see a huge symmetrical triangle which is a continuation pattern and in this case is bullish and to confirm that you should...
Dear Jumpers, Here is a very young coin. New listings can be very frustrating as it usually takes plenty of time to stabilise. In this case we saw a pretty solid Impulse up and a nice correction. Now we find LOOM in a falling wedge looking to break up. Please buy ONLY after reaching the Entry level and stay true to your Stop Loss T1: 8049 T2: 8967 SL:...
**THIS IS JUST MY 2 CENTS ON THE METTER.. THIS IS NOT A FINANCIAL ADVISE**
Here you have loom network, 15 minute candles. As you can see it already had a nice lil' run after getting listed on my beloved Binance and has now corrected down a bit, exactly to the 0.382. I usually don't enter a trade until we've corrected down to the 0.236 or 0.114 (5081 / 4583) and I wouldn't be surprised at all if we are still going to correct to that...
Our " Crypto Scalper" Trade Indicator has correctly identified a buy in point on the 7th of May 2018. Using this buy in point and selling at today's price, you would have expected to net 20.59% PROFIT!!! The increase in price may also be explained by positive developments including: April 3: Loom Network SDK Alpha release April 5: Loom Network is...
This is why I love pulling FIBS from everywhere I can. You can spend all day trying to draw waves, but fibs are accurate and quick. Note the larger brown and black lines- they are Fibs over a longer time frame and usually have more support and/or resistance. You can see every spot the candles got caught were on previously laid FIB lines. In the areas where...
Triangle Forming - Watching List No Position. I personally will enter around 6900
Loom has been making big moves as there is a lot of hype around this coin, so big money can be made day trading this, if played right. I caught the first big ride up for a nice 30% gain in a day before I pulled out (New coins are always riskier plays, regardless of fundamentals). YELLOW BOX = High probability for a reaction there for a nice scalp. Not strong...
LOOM NETWORK LOOM, recently added to Binance just last week, was a play I made far to late at night and to my surprise should have stayed in, because holy crap this guy has been exploding. ORIGIN STORY I found myself pulled into this one by lust for the gamble and greed. Once I was alerted that LOOM was being added to Binance, something around 3AM, I...