Double bottom on LOOMHi there,
LOOM has just hit a double bottom. Checkout the green arrow to the left and look what it did after hitting that bottom. Moooon
Not financial advice
LOOMBTC
LOOM gonna BOOMFinally tested out of a bearish trend. I think LOOM is about to explode in the next 10-36 hours. Anything below .00004 is a steal in my opinon.
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/BTC Is a breakout looming?This is not trading or financial advice
This is not a time dependent analysis
LOOM/BTC Is a break up looming?This is not trading or financial advice
This is not a time dependent analysis
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*
Short term trading for LOOMBTCHi guys,
If you are looking a decent trade on binance, You can enter in loom at the current position around 4700 satoshi, with the stop-loss at around 4575.
The target is around 5200 satoshi and if we able to break the resistance line it can go much higher. With the decent reward-risk ration of 3.
Not a financial Advice.
LOOM outlook precariousThere's not a lot of history to look at here. I usually only like to enter when a coin is below 30 on the daily RSI. Here it is low on the 4 hour, but there's still plenty of room for this to go lower. If you believe in the token then this probably isn't a terrible entry, however I think patience will reveal it has lower depths to find and if it doesn't you won't miss the bottom by much on a coin that, quite frankly, could get wiped out if BTC hits areas in the 3k range. If you're simply gambling on it going up, I would look at a coin with better history. And check in on Loom again in August.
*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*
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*
