Pair: LOOM/BTC
Exchange: Binance
Trade Duration: Short
Risk: Moderate
Loom Network (LOOM) has almost exactly been in sync with LRC (Purple Line) which has already made a move of +173% which we signalled last week. We believe that LOOM will follow LRC shortly.
Technical Analysis
- Bullish RSI
- Similar Profile To LRC
- Bullish MA Cross
Our Entry Zone
0.00001200 - 0.00001350
Our Targets
1: 0.00002000
2: 0.00003120
Our Stop Loss: 0.00001100
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Crypto Eye Team
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DISCLAIMER:
This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more.
Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.