Loom Network is bouncing from very strong support, marking a triple bottom. But, will LOOMBTC be able to move up from here or will it go lower?
Feel free to hit like to find out, and let's continue with this chart analysis.
Before we get started, let me clarify a small detail. We call altcoins all the alts that are available for trading on Binance, Bittrex,...
Loom appears to be finding a a temporary bottom on a 9 as can be seen on a daily chart above.
I would at the very least expect a retest in the coming weeks but for now, there should at the very least be a short and brief relief rally over the next few days.
#LOOM (Loom Netwok)
Holding Support At 1300-1320 Sats
Looking Good For Midterm Entry..
Midterm Targets 1680-2000 Sats
Strong Project & Active Team..
I'm Bullish On This Project .
Loom Network (“Loom” or the “Project”) is a Layer-2 scaling solution for Ethereum that is a network of Delegated Proof of Stake (“DPoS”) sidechains, allowing for...
LOOM losing this support level will be pretty bad, and if it goes back up to it and rejects it, it's as good as dead!
Bought some LOOM, the Stop-Loss is pretty obvious, profit targets are the levels above.
I also did a chart a few months ago, check it out in the related ideas section.
$LOOM Bouncing from support at ~1100sats
Entering now is risky since a resistance is very close to current price
I would wait for a ~1300sats resistance flip as entry or a test of the 1100sats
Volume slowly growing
UCTS Buy signal on the 6H
Bull divs can be spotted
No change towards LOOM analysis. If you followed, good! Expecting targets to reach and profit soon enough. Daily MACD attempting positive cross and momentum is looking good for an upside. We also held the 0.786 support level well.
Potential Targets: 1488 - 1553 - 1609 sats.
Potential Profit: 10.19% - 19.49%
For day to day updates and chart analysis,...
The price action has completed the gartley's formtion and ready for bullish divergence soon insha Allah.
The targets are:
Buy between: 0.00001544 to 0.00001305
Sell between: 0.00001731 to 0.00002182
Atif Akbar (moon333)
Loop, which increased %87 from its downfall to reach 2019 satoshis is trying new attempts to go higher. I think Loop has great potential and we will see higher prices. Let's take a look at some signals; it has a strong upward trend. The value is above EMA14, EMA50, and EMA100.
Buy: Up to 1850
Long Term Targets:...