Search
Products
Community
Markets
News
Brokers
More
EN
Black Friday sale
Up to 70% OFF
Community
/
Ideas
/
Loom Network 3 Years Long Accumulation (868%+ Potential Profits)
Loom Network / Bitcoin
Long
Loom Network 3 Years Long Accumulation (868%+ Potential Profits)
By AlanSantana
Follow
Follow
Jul 12, 2022
1
4
5
5
Jul 12, 2022
This is a very interesting chart that we have for Loom Network (LOOMBTC)... Let's review it together and see what we can find and learn!
First, let me call your attention to the long parallel channel at the bottom of the chart; This is the accumulation phase.
This is quite the long accumulation phase since it has been going for 3 years.
We have a low set Jan. 2021 and a higher low set May 2022 ending in a strong reversal signal based on candlestick reading.
The current candle on the weekly timeframe for LOOMBTC is now trading above EMA10, EMA21 and EMA50.
We went long on this pair June 28.
Already looking nice and ready to grow some more.
You can find more details on the chart.
Thank you for reading and make sure to come back for more altcoins charts, analyzes and trades.
Namaste.
altcoins
Beyond Technical Analysis
Chart Patterns
crypto
Cryptocurrency
loom
LOOMBTC
loomnetwork
Trend Analysis
AlanSantana
Follow
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com
(Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Also on:
Related publications
People Are Starting To Lose Patience...
by AlanSantana
Improve Your Trading... Bitcoin's Path To $44K
by AlanSantana
Ethereum Classic Falling Wedge
by AlanSantana
Dash vs Bitcoin Update (Increasing Volume)
by AlanSantana
DigiByte vs Bitcoin Updated (What Happens To Those Who Hold?)
by AlanSantana
Can Bitcoin Hit $36,502 Within 6 Weeks?
by AlanSantana
Virtua Goes Ahead (Grows Over 400% Since May)
by AlanSantana
Mina Early Bullish Jump Signals (106% Target)
by AlanSantana
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
.