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Loom

LOOMUSDT | Trendline Break Signals Potential Upswing!!LOOMUSDT has recently broken the trendline, signaling a potential big upward move. While we anticipate this bullish momentum, a small correction could occur before the price takes off. Stay alert and trade safely! LOOMUSDT (1D Chart) Technical analysis LOOMUSDT (1D Chart) Currently trading at $0.06 Buy level: Above $0.056 Stop loss: Below $0.046 TP1: $0.07 TP2: $0.085 TP3: $0.1 TP4: $0.13 Max Leverage 3x Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts
Long
by GreenCryptoTrades
Purchases against the background of an attempt to reverse the quThis week we are once again going through a period for a trend change, let's look at the market position. Let me remind you that the half-year opened above 60k, which will ensure the support of the market as we approach the end of the year and the hike to 50k is only a retest and a shadow on the quarterly and semi-annual candle, as I wrote in the last review. At the moment, we are approaching the middle of the quarter and there is a high probability of confident purchases for the reversal of the quarterly candle. Today and tomorrow, minimum prices will be formed where it makes sense to top up positions before the market turns. In an optimistic scenario, the second half of the quarter will open above 2900 on the air, which will lead to maintaining the market at least in flat with a gradual increase in altos. Against the background of strong dollar growth, the probability of opening below 2750 remains, which will lead to new disruptions in September with the aim of testing 2100. However, the positive opening of the half-year for the cue ball will continue to contribute to payoffs from each loy. In case of a turnaround, a second attempt at a quarter reversal can be expected in the second half of September. In order to squeeze the market, create the most profitable entry points and dump some of the crowd, binance conducted another delisting. Cvp and for were pleasantly pleased with the profit, after which they went into accumulation, but unlike them, there were many unprocessed goals for epx, so it can become a good example for an exit pump. As I go through the middle of the quarter on Wednesday and Thursday, I will gain positions on the exit pump. After the delisting, the most interesting coins will remain vib oax pros ooki with a growth potential of up to 200%+. In addition to them, I hired vidt and og, which returned to the heavily oversold zone and have the same high goals. For scalping, you can also consider troy hard vite, which have less potential, but can show an increase of up to 50-70%. I would like to draw your attention to the fact that the number of coins in circulation has increased significantly according to asr ooki and df, which reduces volatility and final goals. Asr has equaled the potential of such phantokens as atm juv acm and today has a growth potential of up to 50-70%. Among the fantokens, og has become the most interesting option due to its much greater liquidity and full issue, which makes it quite reliable for medium-term investments together with vib. Df excluded from the work due to the extremely strong growth in the number of coins in circulation, there is a high probability of a fracture. According to ooki, the goals for growth have decreased, but they reach 200%+ from current levels.
BITSTAMP:ETHUSDLong
by Strateg_
#LOOM/USDT#LOOM The price is moving in a bearish channel on the 12-hour frame and is sticking to it well The price rebounded well from the lower channel border at the green support level 0.0700, where some correction is expected. We have a tendency to stabilize above the Moving Average 100 We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise Entry price is 0.0770 The first target is 0.09280 The second target is 0.1100 The third goal is 0.1261
LLong
by CryptoAnalystSignal
LOOM/USDT It's need break the resistance for continue upward!💎 Paradisers, #LOOM is certainly catching attention as a potential coin to watch. 💎 It has successfully broken out of the descending resistance area, signaling positive momentum and an upward movement in price. 💎 However, it's encountering resistance around the $0.103 area, and the MACD support for bullish momentum a decisive break above this resistance is needed to confirm LOOM's shift to an upward trajectory, potentially leading to a test of our target resistance area. 💎 Should LOOM fail to break the resistance, there's a possibility it could retest the trendline area or find support around the $0.088 - $0.08 range to gather momentum for another attempt at breaking the resistance. 💎 If LOOM fails to bounce and breaks below the support level, the next significant level to watch is the demand area around $0.074 - $0.06. Historical data shows that LOOM has successfully bounced from this level before, leading to significant upward movement. Should history repeat itself, a bounce from this area could fuel a renewed bullish momentum. 💎 However, bullish invalidation would occur if the candle closes below the demand area, indicating a confirmed breakdown in price and potentially signaling further downward movement. MyCryptoParadise iFeel the success🌴
L
by MyCryptoParadise_Nathan
LOOM - Saucer Pattern - Long Trade #LOOM #Analysis Description --------------------------------------------------------------- + LOOM is forming a nice saucer pattern. This is a bullish pattern and we can expect the price to pump if the price breaks out from the resistance range. + As of now the price is below the resistance range, we need to wait for the price to hit the resistance range and then breakout from there successfully. + I'm expecting the price to breakout from the resistance in the next 2-3 days. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.11756 Stop Loss: 0.10708 ------------------------------ Target 1:0.12201 Target 2:0.12712 Target 3:0.13569 Target 4:0.14621 Target 5:0.16046 ------------------------------ Timeframe:4H Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
LLong
by VectorAlgo
3
LOOM/USDT Break Alert! It's ready for continue upward movement ?💎 LOOM has recently experienced significant market dynamics, breaking out of a descending channel pattern after a perfect bounce from the Bullish OB area. 💎 There is a probability that the price will undergo a retesting phase at the trendline before continuing its significant upward movement toward our target strong resistance area. 💎 However, if LOOM fails to bounce during the retesting phase at the trendline, there is potential for the price to reverse direction and retreat downward, possibly retesting the Bullish OB area. 💎 The Bullish OB area has historically been strong enough to support LOOM's price, often resulting in consistent bounces upon reaching it. However, if LOOM were to break down below the Bullish OB area, it would signal a bearish turn, likely leading to further downward movement and potentially deeper lows.
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by MyCryptoParadise_Nathan
4
$LOOM looks clean… Breakout … Breakout Trading trend line breakouts can be a profitable strategy if done correctly. Here's a general guide on how to trade trend line breakouts: Identify a Trend : The first step is to identify a clear trend in the market. Trends can be upward (bullish), downward (bearish), or sideways (neutral). Draw your trend line connecting the lows in an uptrend or highs in a downtrend. Confirm the Trend Line : Ensure that your trend line touches at least two significant points (lows or highs) to confirm its validity. The more times it touches, the stronger the trend line. Wait for Breakout Confirmation : A breakout occurs when the price breaches the trend line. However, it's essential to wait for confirmation before entering a trade. You can confirm a breakout by seeing the price close convincingly above (in case of an uptrend) or below (in case of a downtrend) the trend line. Consider Volume : Ideally, you want to see the breakout accompanied by increased volume, indicating strong market participation and confirming the validity of the move. Set Entry and Stop-loss Levels : Once you confirm the breakout, set your entry point slightly above the trend line (in case of an uptrend) or below the trend line (in case of a downtrend). Additionally, set a stop-loss order to manage risk. You can place the stop-loss order just below (for long positions) or above (for short positions) the breakout point.
Long
by Crypto-Adda_Official
Loom/BTC by RB Hello, friends!🫶 Check it out! 🧐The price looks great at the moment! The formation of the wedge is coming to the end. Previous wedges worked out fantastically! Just take a look!😱 March of 2023 - 🚀 160% October 0f 2023 - over 1000% 💥 💡So what is a wedge? The wedge pattern can either be a continuation of an existing pattern or a reversal pattern, depending on the type of wedge and the previous trend. There are 2 types of wedges indicating that the price is consolidating. 1️⃣ The first one is ascending wedges, where the price is contained within two ascending trend lines that converge because the lower trend line is steeper than the upper trend line. In other words: lows are rising faster than highs. These wedges tend to have a tendency for sharp downward movements. 2️⃣ The second type is descending wedges, where the price is contained within two descending trend lines that converge because the upper trend line is steeper than the lower one. In other words: highs are falling faster than lows. These wedges tend to have a tendency for sharp upward movements. Conservative traders may look for additional confirmation of price continuing in the direction of the breakout. The target can be set using the methodology of measuring the height of the back part of the wedge and extending it in the direction of the breakout. The overall stop level is located beyond the wedge on the opposite side of the breakout. ‼️To be confident in the trade - wait for the price to breakout! This will give you greater confidence! Thanks for your attention! Yours, Kateryna💙💛
LLong
by RocketBomb
LOOM - Neutral but Real Analyse!Hello guys, i want to say something to LOOM. Before i always checked other ideas about LONG and PUMP, and i got a little bit FOMO about this coin. The good thing is, i shortet it from 0.3 to 0.1 in the past :) Will it really pump? When you check: www.coinglass.com You see, volume is decreased over the past! The real range where LOOM is working is 0.095 - 0.14. I dont know really if this coin is pumping again! Looks like its going to Zombie Mode! Its a hard reality! I dont see any signals in the next days for a real breakout or pump! So looks for other coins like TRB, TIA, QNT, MEME Coins, HBAR, ICP. They are way better then LOOM!
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by CryptoChrrizzo
2
🚧Loom Network (LOOM) is ready to Fall at least ➖30%🚧🚀The Loom Network (LOOM) project has grown more than ➕100% in the last week. 🧐Let's first see what Loom Network (LOOM) is❗️❓ 🔘Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017. 🔘The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with. 🔘In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language. 🔘As such, they can easily integrate their applications with the outside world. 🔘The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network. ------------------------------------------------------------------ ✅ LOOM seems to have succeeded in forming an Ascending Channel . 🏃‍♂️Currently, LOOM is moving near the upper line of the Ascending Channel and 🟡 Price Reversal Zone(PRZ )🟡. 🔔I expect LOOM to start falling from one of the 🟡 Price Reversal Zone(PRZs ) 🟡, (most likely the first PRZ) and decline to at least the bottom line of the Ascending channel . Loom Network Analyze (LOOMUSDT), 4-hour time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
LShort
by pejman_zwin
62
#ETH Dump Coming, Major Crash in ALT coins 50-60 % !! OM NMAH SHIVAYE !! ETH is expected to experience a dump, leading to a significant crash in major altcoins(Loom,Zrx,Dydx,etc).Market makers are allegedly preparing for a 'Black Friday' event, aiming to liquidate early sellers and trigger stop losses before causing a severe crash. There is currently no fundamental reason for this, but one may be fabricated later. The main goal seems to be eliminating early buyers from the market. The prediction includes a substantial amount of long liquidation, around 800-900 million, and anticipates a loss of trust in cryptocurrencies among the public. Support is requested if the post helps someone avoid liquidation or save money. I have shared information about GRT and ICX on my profile. These coins are expected to first reach their upside targets and then experience a downward movement. Thanks For Reading. NAMASTE !!
Short
by ShashvataTrading