$LOOM, Trying to breakout from descending trendline$LOOM
Trying to breakout from descending trendline as it bounces from ATL BTC tight range...
Volume slightly increasing..
Setting some alerts in case it explodes...
#LOOM
Loom
Loom Network (Sept 20) #LOOM $LOOM #BTC $BTCBuy : Close to 230 as possible
Sell : 250-275-300
Mid-Hold : 350
Stop : 200
$LOOM, Falling wedge breaking out & crossing above ~320sats$LOOM
Big Picture: Falling wedge breaking out & crossing above ~320sats resistance
Zooming in:
UCTS Buy signal on the 12H (and every LTF)
RSI & MACD bullish divergences
Volume in binance is not that good so use a tight SL just in case..
As targets ~345/370/390sats
#LOOM
Trend ReversalAfter closing 10 straight days in red, the currency formed a possible reverse trend background on D1. RSI points to a small bullishness that can make good profits in the coming days.
$LOOM, pushed to 319 sats resistance$LOOM / $BTC
Showed some activity over the last days that pushed to 319 sats resistance
Due to current overall alt market status (and inminent btc activity) not interested into this unless it crosses over/flips resistance.
(accumulation under resistance is bullish tho!)
#LOOM
Moon this Shit !Hello,
All in this shit must go back to test some impotent points Take profit at the black lines!
Binance Trade data to keep this shit down, Pure Manipulation inside Binance Shit exchange !
Moon it
Good Luck!
LOOM/BTC Bullish on weekly time frame The coin is really bullish as the Stoch RSI and Relative Strength index are over-sold on the weekly time frame.
If BTC does not disrupt the market as usual, we should see a massive run up soon
LOOM Hits Support, Will It Bounce? Altcoins Market AnalysisLoom Network is bouncing from very strong support, marking a triple bottom. But, will LOOMBTC be able to move up from here or will it go lower?
Feel free to hit like to find out, and let's continue with this chart analysis.
Before we get started, let me clarify a small detail. We call altcoins all the alts that are available for trading on Binance, Bittrex, Poloniex, HitBTC, Huobi, KuCoin, and all other exchanges with the exception of CoinMakertCap Top10. These Top 10 we call by name, like Bitcoin, Ethereum, Ripple, etc., rather than naming them just "altcoins".
There are thousands of cryptocurrency projects that fall in the category of altcoins and most of these altcoins have very low market cap. compared to the Top 10. So these move differently, so we label them in different categories.
So when you see me mentioning "Altcoins", I am talking about all these medium and small-sized cryptocurrency/altcoins projects, such as the ones I write about in this channel.
Now, getting back to Loom Network (LOOMBTC) and this chart analysis...
Will it move up from here?
What about the rest of the Binance altcoins that are bouncing on support?
The market is waiting to see how Bitcoin (BTCUSD) will move, will it continue up or fall.
The conventional mindset is set on the fact that the altcoins most drop if Bitcoin drops, but this doesn't have to be the case.
Altcoins drop when Bitcoin drops if the market is in a full bear cycle, but in a bull cycle, the altcoins rise when Bitcoin drops; why is that?
As the market enters a bull cycle and the altcoins have huge potential for moving up, when money leaves Bitcoin it flows to the altcoins.
So if we are to enter, or entering, a bull cycle, we can expect to see something different this time around.
This time around we might see altcoins make a big jump when/if Bitcoin drops, if the market is to turn bullish long term (bull market).
If we are going to see a continuation of the bear market, new lows for Bitcoin and altcoins as well, then you can expect the altcoins to drop if Bitcoin also fails.
What's your take on this perspective?
Share your thoughts in the comments section below.
Thanks a lot for reading.
This is Alan Masters.
Namaste.
LOOM hanging on for lifeLOOM losing this support level will be pretty bad, and if it goes back up to it and rejects it, it's as good as dead!
Bought some LOOM, the Stop-Loss is pretty obvious, profit targets are the levels above.
I also did a chart a few months ago, check it out in the related ideas section.
$LOOM Bouncing from support at ~1100sats$LOOM Bouncing from support at ~1100sats
Entering now is risky since a resistance is very close to current price
I would wait for a ~1300sats resistance flip as entry or a test of the 1100sats
Volume slowly growing
UCTS Buy signal on the 6H
Bull divs can be spotted
#LOOM
Targets Will be Reached Soon!! LOOM/BTC
No change towards LOOM analysis. If you followed, good! Expecting targets to reach and profit soon enough. Daily MACD attempting positive cross and momentum is looking good for an upside. We also held the 0.786 support level well.
Potential Targets: 1488 - 1553 - 1609 sats.
Potential Profit: 10.19% - 19.49%
For day to day updates and chart analysis, join my Telegram channel at t.me
$LOOM Testing the support area around ~1300sats... $LOOM Testing the support area around ~1300sats...
Watching this level for the upcoming days as market starts bouncing with BTC doing sideways...
#LOOM
LOOM Looking Good For Midterm Entry...!! #LOOM (Loom Netwok)
Holding Support At 1300-1320 Sats
Looking Good For Midterm Entry..
Midterm Targets 1680-2000 Sats
Strong Project & Active Team..
I'm Bullish On This Project .
Introduction...!!
Loom Network (“Loom” or the “Project”) is a Layer-2 scaling solution for Ethereum that is a network of Delegated Proof of Stake (“DPoS”) sidechains, allowing for highly-scalable games and user-facing dApps while still being backed by the security of Ethereum.
#altcoins #Crypto #Bitcoin
Hit Like & Follow Me..
Thanks
Loom Is Ready For A Big MovementLoop, which increased %87 from its downfall to reach 2019 satoshis is trying new attempts to go higher. I think Loop has great potential and we will see higher prices. Let's take a look at some signals; it has a strong upward trend. The value is above EMA14, EMA50, and EMA100.
Buy: Up to 1850
Sell Target:
1962
2190
2350
2659
Long Term Targets:
3725
4900
5447
6673
Stop Loss: Close daily candle below 1426
LOOMBTC 1DLoom's chart is good, volume is growing. Between 1800-1835 satoshi available for purchase.
Be careful, break a leg!!
40% since Buy signal from the UCTSUpdate on $Loom, Retested EMA50 & pushed up as expected. Reached EMA100 (around 40% from the Buy signal from the UCTS) & now is doing a pullback following current market conditions (btc drop). Anyway RSI &MACD looks strong, Volume is also nice. Please remember lock profits! #LOOM
Mainnet Pump ending with head and shoulders? $LOOMAs you see Loom has a strong move to the upside , following the mainnet and staking protocol in place. but it seems that it might be running out of steem for now. it looks like its forming a head and shoulder that will continue to the down side for a retracement.
i'm in a position right now but looking for a good exit in the next few hours. THIS NOT FINANCIAL ADVICE
A network we can trust onLoom network is a network of DPoS sidechains, which allows for highly-scalable games and user-facing DApps while still being backed by the security of Ethereum. What a promising idea it has! As in a technical view many many golden crosses in EMA line happened. Also sell power is very low. 1309 then 1401 are in play in case of breaking that ascending triangle in the chart.
Wish you best luck.
