Fibonacci level test on my previous trend analysis of LOOMI took the fib levels tool and tested the recent support of 0.00002885 on the daily chart of LOOM – and believe it or not, it turned out to be a '618' key level of the recent retracement. It held this support level pretty well, which is another strong indicator for a short term reversal. In other words, it is very likely that we will see a strong bounce back over the next days. Keep an eye on this one!
Loom
I see an upwards trend forming, how about you?This summers hot little newcomer LOOM popped up in the top 100 out of nowhere. At least I haven't seen it coming so fast. After a contemporary decline, I see yet another uptrend forming. So I will keep my eye on this one for August. Looks to me like we will see it testing resistance at 0.00003816 for a third time. But whatever, still an interesting project.
LOOM NETWORK: KICKSTARTER FUNDING GOAL REACHED - PROFIT = 63.86%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 6th of July 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 63.86% PROFIT!!! IN 24 HOURS!!!
The increase in price may also be explained by positive developments including:
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG.
May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
May 20: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
May 22: Coco, China’s Biggest Mobile Game Platform Announces Plans to Integrate with Loom DAppChains.
May 23: Loom Network announces a new feature to it's blockchain called ZombieChain: An EOS-Like DPoS Sidechain for Ethereum DApps.
June 6: The Cocos SDK for Loom DAppChains is released.
June 7: Loom Network announces Zombie Battleground – Hearthstone on the Blockchain.
June 8: Axie Pets is announced on Loom Network.
June 9: Ethernext lists Loom.
June 12: Upbit lists Loom Token.
June 12: Loom Network launches its Loom SDK Public Beta.
June 15: LOOM Network announces that Zombie Battleground The New Generation of CCG/TCG on the blockchain is LIVE on Kickstarter. This aims to capture the success of Blizzard's Hearthstone.
June 24: Neon District: A Blockchain-based Cyberpunk RPG 1.01% 0.46% notes that it will be using Loom's SDK and supports ERC721 Non-Fungible Tokens.
June 29: Plasma Cash Initial Release. This means that Plasma-Backed NFTs Now Available on Loom Network Sidechains. This allows for That means users will now be able to have gas-less transactions and sub-second confirmation times on sidechains, all while having their token fully backed by the security of Ethereum -0.18% mainnet.
(NEW) July 4: Zombie Battleground meets it's $250K funding goal.
(NEW) July 6: Plasma Cash implementation is open source on github.
The price increase is the result of the positive developments outlined above and a recovery in in the cypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
LOOM NETWORK: PLASMA CASH RELEASE - PROFIT = 26.74% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018.
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 26.74% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG 0.46% -0.69% .
May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
May 20: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
May 22: Coco, China’s Biggest Mobile Game Platform Announces Plans to Integrate with Loom DAppChains.
May 23: Loom Network announces a new feature to it's blockchain called ZombieChain: An EOS-Like DPoS Sidechain for Ethereum 4.12% 2.00% DApps. This allows for the following:
- Deploy existing Ethereum 4.12% 2.00% smart contracts
- Improve UX with gas-less transactions and sub-second confirmation times
- Interoperate with Ethereum 4.12% 2.00% mainnet for secure storage of ERC721s
June 6: The Cocos SDK for Loom DAppChains is released.
June 7: Loom Network announces Zombie Battleground – Hearthstone on the Blockchain.
June 8: Axie Pets is announced on Loom Network.
June 9: Ethernext lists Loom.
June 12: Upbit lists Loom Token.
June 12: Loom Network launches its Loom SDK Public Beta.
June 15: LOOM Network announces that Zombie Battleground The New Generation of CCG/TCG on the blockchain is LIVE on Kickstarter. This aims to capture the success of Blizzard's Hearthstone.
June 24: Neon District: A Blockchain-based Cyberpunk RPG 0.46% notes that it will be using Loom's SDK and supports ERC721 Non-Fungible Tokens.
(NEW) June 29: Plasma Cash Initial Release. This means that Plasma-Backed NFTs Now Available on Loom Network Sidechains. This allows for That means users will now be able to have gas-less transactions and sub-second confirmation times on sidechains, all while having their token fully backed by the security of Ethereum mainnet.
The price increase is the result of the positive developments outlined above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
$LOOM / $BTC may offer some good trade.$LOOM / $BTC may offer some good trade.
Loom Network is an Ethereum-based platform for large-scale online games and social apps. Loom Network's dappchains are full-featured blockchains that are built to run in parallel to Ethereum Smart Contracts. They’re an advanced form of Ethereum sidechains optimized for scaling data rather than financial transactions.
LOOM is an ERC20 token that serves as a currency on the Loom Network platform.
Circulating Supply: 605,009,286
Total Supply: 1,000,000,000
Upcoming News & Events
Title: Beta Release Of Loom SDK
Date: 29 June 2018 (earlier or a bit later)
Description: "1.0 public beta release — The SDK will be opened up for all developers to use."
LOOM NETWORK: KICKSTARTER & NEON DISTRICT - PROFIT = 28.01% !!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 24th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 28.01% PROFIT!!!
The increase in price may also be explained by positive developments i ncluding:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG -0.69% .
May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
May 20: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
May 22: Coco, China’s Biggest Mobile Game Platform Announces Plans to Integrate with Loom DAppChains.
May 23: Loom Network announces a new feature to it's blockchain called ZombieChain: An EOS-Like DPoS Sidechain for Ethereum 2.00% DApps. This allows for the following:
- Deploy existing Ethereum 2.00% smart contracts
- Improve UX with gas-less transactions and sub-second confirmation times
- Interoperate with Ethereum 2.00% mainnet for secure storage of ERC721s
June 6: The Cocos SDK for Loom DAppChains is released.
June 7: Loom Network announces Zombie Battleground – Hearthstone on the Blockchain.
June 8: Axie Pets is announced on Loom Network.
June 9: Ethernext lists Loom.
June 12: Upbit lists Loom Token.
June 12: Loom Network launches its Loom SDK Public Beta.
(NEW) June 15: LOOM Network announces that Zombie Battleground The New Generation of CCG/TCG on the blockchain is LIVE on Kickstarter. This aims to capture the success of Blizzard's Hearthstone.
(NEW) June 24: Neon District: A Blockchain-based Cyberpunk RPG notes that it will be using Loom's SDK and supports ERC721 Non-Fungible Tokens.
The price increase is the result of the positive developments outlined above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
LOOM NETWORK: UPBIT LISTING & BETA LAUNCH - PROFIT = 57.47%!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 11th of June 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 57.47% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG .
May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
May 20: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
May 22: Coco, China’s Biggest Mobile Game Platform Announces Plans to Integrate with Loom DAppChains.
May 23: Loom Network announces a new feature to it's blockchain called ZombieChain: An EOS-Like DPoS Sidechain for Ethereum DApps. This allows for the following:
- Deploy existing Ethereum smart contracts
- Improve UX with gas-less transactions and sub-second confirmation times
- Interoperate with Ethereum mainnet for secure storage of ERC721s
June 6: The Cocos SDK for Loom DAppChains is released.
June 7: Loom Network announces Zombie Battleground – Hearthstone on the Blockchain.
June 8: Axie Pets is announced on Loom Network.
June 9: Ethernext lists Loom.
June 12: Upbit lists Loom Token.
June 12: Loom Network launches its Loom SDK Public Beta.
The price increase is the result of the positive developments outlined above.
***The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription.***
LOOM- BUY NOW OR BUY LATER6/1/18
- LOOM lookin bullish
- We saw a nice double bottom off previous support levels
- Currently battling strong resistance ~5020 which is a confluence zone with the down trend line/ previous support levels turned resistance
- RSi and Stoch RSI looks comfortable being overbought
- RSI and Stoch on 1D looks really bullish
- We may see one more dip to 4800 before we get enough momentum to break thru the 5020 barrier, but the 5020 level is the one to watch IMO
- i'll look to enter when I see confirmation that 5020 becomes a support level, but now may not be a bad time either
Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
*UPDATE* LOOM lookin bullish*UPDATE* 5/16/18
- LOOM looking bullish and finding support in the orange channel
- expecting to find new support at the 6300-6390 levels soon
- RSI continues to look bullish and continuing to form higher lows
- Stoch RSI looking like it still has some juice
-On the flip-side, btc taking a dump may take loom with it and take it back down to the 5300 levels
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
LOOM: Example of utilizing R:R based on FIBS/PatternsJust an example to help a fellow trader (hopefully)
Quick profit Trade with LOOM/BTCGraphs shows everything, its very close to breakout from 4h chart.
Entry level is like 61 sts
Its first targets 66 sts and then 71 stst.
Please use stop loss which is 58 sts.
Not a financial advice at all.
Good luck and if you like my trade you know where you will click:)
LOOM/BTC TriangleLOOM/BTC is looking triggered af.
It's entire existence on Binance has resulted in a symmetrical triangle.
A break at the apex with an entry at 62 sats with a 20% price target would be ideal.
LOOM is going to MOOOONLoom is the next-generation blockchain platform for large-scale online games and social apps.
The 4h chart looks really good. 382 hold the price. The price is above EMA20 and EMA50. I think it will break out the triangle and rise at least 40%.
Support levels are 5750-5800 and 5200-5300
Good luck!
Loom LOOMBTC looks like a good BUY! The support levels are consistent at Fib .23 levels.
I expect the prices to go higher upto .00006399 as shown by the marker. This would follow FIB retracement at .382
If the price falls below that level and re-enters channel, we can expect it go down upto Fib .23 levels or bounce back mid way depending on the Volume.
However I am confident this coin will go up in price and test new resistance at Fib 0.5
Hope this helps.
Please support me if the idea helps you.
www.patreon.com
#loom Targets (bullish Scenario)#loom Targets (bullish Scenario)- If we get a break above descending triangle.
1 $loom has retraced around 50fib region of minor wave1.
2 Minor Wave 3 target is :9568-9400sats (161.8fib ext )
3 Resistance levels above are at 6227-6450 (1H SMA's & Trendline resistance)
4> $loom Minor wave 3 can be confirmed only if resistances :6227-6450 (1H SMA's & Trendline resistance) along with minor wave 1 high at 7161sats is broken.
5>Currenly it is looking to break below the descending triangle, rejected though.
6>Support levels below: 5995-5850 sats #crypto #loombtc
www.tradingview.com
LOOM - POTENTIAL FOR MASSIVE GAINSFirst Idea - Please go easy on me :)
LOOM has some room to get some massive advantage over the next few weeks, IF Bitcoin behaves! Has a massive support line at 0.38 fib, coninciding with the end of impulsive wave 2.
Vitalik supports this coin so long term play also looks good.
Disclaimer: This is not financial advice. You make the decisions, you're in control of your money! You click the buttons! Have fun! Be safe!
BINANCE:LOOMBTC
Best,
Avedj94
LOOM NETWORK: UNIT SDK RELEASE - 24 HOURS = 12.47% PROFIT!!!Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 14th of May 2018 .
Using this buy in point and selling at today's price, you would have expected to net 12.47% PROFIT!!! IN LESS THAN 24 HOURS!!!
The increase in price may also be explained by positive developments including :
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG -0.12% .
(NEW) May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
The release of LOOM's Unity SDK and general price recovery in the cryptocurrency markets explain the increase in price.
LOOM...is looming *UPDATE*5/12/18 *UPDATE*
- Loom broke down from the symmetrical triangle (blue line) due to BTC volatility
- Looks like it'll try to retest previous strong resistance areas
- Will look to enter at these key resistance/support areas, but just watching/and waiting for now
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
LOOM TARGETS FOR BIG GAINS **UPDATED**So here I give you an updated count, as you can see we're are currently finding resistance at the 100% after our bounce off the 61.8%. What I'd be watching for is how deep the wave 2 will fall, as we may get an extended correction and retest the bottom trendline.
The question is now, where we'll bounce and begin our wave 3/5 up toward the big "(3)"
I'd be looking to enter in any of the green boxes at this point, for the most conservative entry would be the break of the top black trendline, as we find confluence with the obvious trendline breakout, and breaking past our wave 1 up as confirmation. Also remember to cross check with the volume as well to avoid getting bull trapped.
**REMEMBER THIS ISN'T FINANCIAL ADVICE, IM ONLY SHARING WHAT IM SEEING AT THIS POINT IN TIME**
LOOM BUY SETUPSetup:
- 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*
