Long
Long on Loom
Loom has numerous updates lately. Great news all over the space.
Here is my indicators why i'm bullish on LOOM
- two pin bar on 4HR timeframe, means bear has been weaken by buying power
- RSI already cooling down from recent pump 17xx sats
- sitting at support around 15xx sats which is a healthy retracement
- still above 50 SMMA means the trend is still going on
My mid target is above on the green box area and purple line.
Find me and tip me @ investfeed.com/blockchaindedi/posts/
Here is my indicators why i'm bullish on LOOM
- two pin bar on 4HR timeframe, means bear has been weaken by buying power
- RSI already cooling down from recent pump 17xx sats
- sitting at support around 15xx sats which is a healthy retracement
- still above 50 SMMA means the trend is still going on
My mid target is above on the green box area and purple line.
Find me and tip me @ investfeed.com/blockchaindedi/posts/
Trade closed: stop reached
Note
Will re update loom
Note
actually this is a good trade because it touch first target
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.