Flip both the heavy horizontal AND the weekly 50MA at +$0.09 and we may see higher in the following weeks. Otherwise, both of these have played as heavy resistance for Loom. The recent mini-pump from the CB listing may have been an exit pump. Stops are prepared. DYOR. This is a trading journal, not financial advice.
Loom has the potential to grow in this upcoming altseason I see the above chart target as easy targets with each target you consider a correction afterwards.
Loom Network (LOOMBTC) has two strong bullish signals coming out. The first one is the bullish engulfing pattern. The second one is the break above EMA10/50/100/300 and MA200 all in a single day. EMA300, which is the highest of all EMAs on this chart, is sitting at 198 satoshis (0.00000198), closing above this level confirms the break above resistance and also...
. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.0000018$ zone 🔴Buy : 0.0000018 🔴Sell : 0.0000021 - 0.0000026 - 0.0000032 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.0000018$ zone 🔵Sell : 0.0000018 🔵Buy : 0.0000021 - 0.0000026 - 0.0000032 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow :...
$Loom Loom network it's a good position for buying!! it can be a good long term investment
LOOM is about to start ripping to .28 out of this symmetrical triangle. Currently on its way to .14 but then straight to .28
SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
Loom is looking exceptionally bullish. Consider accumulating it slowly. Expecting 50% profit from LOOM. Accumulation level: 197 sats to 207 sats. Note: You can accumulate below the accumulation level as well if the price falls. Stop Loss: 183 sats. Target 1: 239 sats. Target 2: 267 sats. Target 3: 294 sats. Loom has great potential to grow so start filling...
Loom is ready to boom! We have three really strong candles in the past few days for LOOMBTC which points to a change of trend. Our most basic signal to gauge the potential of a pair is when we look at EMA10. When prices are below EMA10, we see the potential leaning towards the bears. Above EMA10, we have bullish potential. Two days ago LOOMBTC managed to break...
Loom Network is on an uphill decent :) get while hot!
Hello everyone, here a technical analysis of LOOM/BTC. The scenario of dropping down is more likely happening than rising, although both opportunities look good. There is always a opportunity above the current price and below. Trade wise!
Following a spike in volume two days ago, going long on a 4H breakout after a long consolidation shown in the daily and a strong support that held for long. No exit target set for now. But if you have any set, feel free to share your insight.
Best price to buy 0.09$ - 0.07$ Sell 0.55$ - 0.75$ be cerfull This is the fifth and final wave Before the bear market.
$Loom had a nice pop off the low and retraced on a 3 wave ABC finishing on the .618 fib (beautiful retrace), bullish divergence building on the 1h time frame, I expect a nice reversal moving forward and the BTC pair low looks to be in, now is a great time to enter as I expect this move to over 4x from 250 sats, Not financial advice, do you own research Cheers!
Hello traders, As you can see from the chart, we had a pull back from our local high of 436 sats down to the .236 fib which has shown a strong reaction to likely marking the bottom. As we begin to head higher I think it's important to look at the big picture for potential targets of this move. As we look left on the chart we notice there's some nice correlation...
I am not a financial expert, but from observing and following Loom in the past, it appears it is about to turn to the upside. It is respecting an upward momentum and has been consolidating for a while. Possible 40 cent Loom by the end of May. Historically when it hit these RSI levels there was a resumption to the upside. After the large cap coins have their...
Hello all, Loom has made new highs and is currently on an overbought RSI on the 4hr chart. I point out areas where the RSI has been overbought on the 4hr chart; I am posting areas of interests I like as to where to add more longs if loom takes its breather. Use fib and follow the trend. I am not a financial advisor, the charts and content I post are simply of my...
Hello all, LOOM/USDC is looking to go higher in my opinion. The Daily Chart shows LOOM slightly under the overbought RSI and the Hourly Chart shows that it has formed an apparent bullish pennant. Look for the breakout from the pennant on the Hourly Chart. Like I stated on my previous idea on LOOM, I really believe LOOM will make new highs and keep going as weeks...