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Loom Network 3 Years Long Accumulation (868%+ Potential Profits)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.
Long
by AlanSantana
5
░▒▒ LOOM FORECAST | 3HR ▒▒░COINBASE:LOOMUSD CRYPTIK-ONE: Hello my dear. Can we talk about Crypto for our TradingView.com profile? EVE: If you like. Though, I assume it will be the same boring conversation we've had a thousand times before? CRYPTIK-ONE: Actually not true. As you know I have been trading(/experimenting) with other ALT coins. So this is not the usual Bitcoin conversation. EVE: OK I'd like to hear something new. CRYPTIK-ONE: LOOM as in Loom Network. It's a coin used for DAPP Development/Developers. EVE: Yes, I vaguely recall you mentioning that name before. CRYPTIK-ONE: As you can see from my chart my forecast calculations are showing a 26% gain. EVE: I see you've found a low volume breakout first. Though I fear it's a pump and dump so I'm hesitant. CRYPTIK-ONE: Your fears are always warranted however this one is legit. It has been around since 2018 (so 4 years now). I only have one issue with this coin. EVE: What's that? CRYPTIK-ONE: 24hr volume on CoinBase is only 2.2M I could barely get a fraction of our Order filled and it's clear I will barely be able to get it sold. Without a bot breaking augmenting the trade then manually it's going to be tough to get rid of our stack as we are already a couple hours of trading volume. The spread is only 1 cent however the volume is just not there to meet the order. I am going to have to hedge out of before the top, so hopefully people scramble to buy-in in hopes of catching the top (allowing us to get out). EVE: It may be there you just have to look harder. How are you going to hedge? CRYPTIK-ONE: Going to hedge by breaking up the stack into smaller trades and trading on the way up. Like a ladder. Little by little selling off on the way up. EVE: I think that's a good idea. I don't want you to sell at the top only to watch the correction come and you are stuck with what you have left which would be more than you otherwise would have had if you sold it higher up the ladder. CRYPTIK-ONE: True. We could easily buy the daily volume on this but it's too risky being the whale. I would rather find an ALT with a higher daily volume and lower than $0.20 price. Something we can pop a quick sale in. Honestly Cardano (ADA) at 89M Daily Volume is probably where we want to be, or not much lower as sometimes if volume is lower our orders are still split up to be sold and can take a minute. So from my assessment we should be trading only 10M Daily Volume per $0.10. So if a coin is at $0.20 the Daily Volume should be at 20M for our trades to go through. This way we can ensure we will be able to keep buying bottoms and selling tops. EVE: I think Cardano would actually be a good hedge for Loom. Both coins have been going up steady and Cardano has had drops where it makes good buys. And Cardano may act as the buy side for the higher amount of volume you prefer. CRYPTIK-ONE: I believe you are right my dear. I will stick with Cardano for a while too and then buy in for another ALT at a good Daily Volume/Price ratio. BTW I bought the market on OXT too. So I gotta get out of this one also. EVE: That's not bad because it has been going up so you're good with that coin. CRYPTIK-ONE: Yes, however we own 3 hours of daily volume. EVE: That's a lot. CRYPTIK-ONE: Right. So I am going to get out of these. Hedge out with that ladder plan and then buy something with more volume. EVE: OK, sounds good. Let's chat about that later. I'm watching the charts. Also, the market is pumping (not sure why) so I think we should get out of XLM now and take the profit. CRYPTIK-ONE: OK, lets wait for XLM to come up a little more, it hasn't started moving back up yet. BTW I am looking into AMP too. EVE: OK cool. I think we should wait and see. However it is a little high, maybe you are right and we should wait some more. CRYPTIK-ONE: Yes gains are way too small on XLM. Let's wrap up this conversation at that. Anything to say to our friends/followers before we go? EVE: Er, no I guess not. CRYPTIK-ONE: Fair enough. Can you let them know who the best trader on all of @TradingView is? EVE: That's you! CRYPTIK-ONE: Peace Out Girls Scout. EVE: Peace Out.
LLong
by CRYPTIKAL_ENTERPRISES
5
LOOM/BTC BRACKOUT! READY TO PUMP 350%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. LOOM Broke out of the long-term triangular pattern. Consolidated for almost 457 days this coin has been showing signs of some potential pump. Looks like a good trade and a must-have coin in your portfolio. Entry:- 187 to 215 sats Target: 100% to 370% Stop loss:- 166 This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
LLong
by CRYPTOMOJO_TA
LOOM/BTC 370% +Potential profit on Spot.LOOM Broke out of the long-term triangular pattern. Consolidated for almost 457 days this coin has been showing signs of some potential pump. Looks like a good trade and a must-have coin in your portfolio. Entry:- 187 to 215 sats Target: 100% to 370% Stop loss:- 166 DYOR before taking this trade. Let me know if you have an altcoin that you think could do goo din the next few days. If you like it, do hit the like button and share your views in the comment section. Thank you #PEACE
LLong
by Cryptorphic
3
Loom Network | Today's Close Gives It Away... 50% Target MappedLoom Network (LOOMBTC) has two strong bullish signals coming out. The first one is the bullish engulfing pattern. The second one is the break above EMA10/50/100/300 and MA200 all in a single day. EMA300, which is the highest of all EMAs on this chart, is sitting at 198 satoshis (0.00000198), closing above this level confirms the break above resistance and also the bullish engulfing pattern. To top it all up, we have a bullish MACD with the RSI now strong. On the other hand, if LOOMBTC closes below EMA50 (0.00000187), we will see a test of lower support before additional growth (this is the less likely scenario). We are looking bullish. 50%+ Target mapped on the chart. Namaste.
Long
by AlanSantana
1
🆓Loom Network (LOOM) Dec-29 #LOOM $LOOM . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.0000018$ zone 🔴Buy : 0.0000018 🔴Sell : 0.0000021 - 0.0000026 - 0.0000032 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.0000018$ zone 🔵Sell : 0.0000018 🔵Buy : 0.0000021 - 0.0000026 - 0.0000032 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
LLong
by CryptoStation
1
LOOMUSD Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL. ENTRY PRICE BLACK COLOR MOST PROBABLE SCENARIOS TARGETS GREEN COLOR LEAST PROBABLE SCENARIOS TARGETS RED COLOR TARGETS ARE NOT EXACT NUMBERS THEY ARE MORE LIKE A ZONE. DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING. It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave. The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe. Consider those points and you will have a huge advantage in the market. There is a lot more about this strategy. It can predict possible target and also give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
LLong
by hadimozayan
LONG LOOM/BTCLoom is looking exceptionally bullish. Consider accumulating it slowly. Expecting 50% profit from LOOM. Accumulation level: 197 sats to 207 sats. Note: You can accumulate below the accumulation level as well if the price falls. Stop Loss: 183 sats. Target 1: 239 sats. Target 2: 267 sats. Target 3: 294 sats. Loom has great potential to grow so start filling your bag with LOOM. Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade. Do like, and comment below. Every single like and comment is counted.
LLong
by Dexter_The_Trader
Loom Is Ready To Boom! (130% Target Mapped)Loom is ready to boom! We have three really strong candles in the past few days for LOOMBTC which points to a change of trend. Our most basic signal to gauge the potential of a pair is when we look at EMA10. When prices are below EMA10, we see the potential leaning towards the bears. Above EMA10, we have bullish potential. Two days ago LOOMBTC managed to break and close above EMA10 and so we now have additional growth. We can expect this to continue... The MACD and RSI also support this signal and the current action we are seeing take place. Also, keep in mind that we are in summer now and close to the 4th of July... The market can start to move strong when people are on vacations... When "nobody" is watching. After very strong bearish action many are pushed away. When people are no longer interested...
When they think it is the end... That is exactly when the market trend starts to change. And now we see GREEN every single day. Namaste.
LLong
by AlanSantana
1