Long
LOOM BUY SETUP
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%, RR=7.2)
Target 4: TBD (should form new all time highs)
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
- 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%, RR=7.2)
Target 4: TBD (should form new all time highs)
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Note
BULLISH BREAK
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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.
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.