Loom Is Getting Ready To Boom! Easy 95%+ MappedLoom Is Ready To Boom! or so the charts are saying.
We are now looking at Loom Network (LOOMBTC) on the daily (D) timeframe.
Each candle is worth 24 hours.
Prices for LOOMBTC closed above EMA50 and EMA100 yesterday... So today momentum is starting to build up.
MA200 at 0.00000255 is being challenged today. To conquer this level, the daily candle must close above this price. Any close above 255 satoshis and MA200 has been conquered.
With MA200 conquered, this opens the room for fast and massive growth (green arrow).
Volume is going in favor of the bulls and we have on the MACD a bullish cross.
The RSI is also bullish/strong.
On the chart above, we have the targets mapped...
Thanks a lot for your reading.
Thanks a lot for your continued support.
Namaste.
Previous analysis | Jan 4
Loom Network Breaks Resistance On High Volume | 140% Next!
LOOMBTC
LOOM/BTC, BULLISH DEEP CRAB, 20% + POTENTIALcurrently at 0.786 fib and oversold on the 4 hr as well.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Loom Network (Feb 4) 65% Potential Profit in 13 Days#LOOM/BTC (Binance)
Buy : 220 - 230
Sell : 250 - 275 - 300 - 325 - 350 - 375
Stop : 195
#LOOM $LOOM #LOOMBTC
LONG - LOOM - Trading OpportunityBINANCE:LOOMBTC finally breaking the MA200 on the daily and retesting it really solidly, MAs and volume are looking bullish for a continuation of the uptrend.
Entry: 0.00000280
Target 1: 0.00000354
Target 2: 0.00000417
SL: 0.00000254
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$LOOM, Crossing over ~210 resistance level$LOOM
Crossing over ~210 resistance level, breaking from descending channel & crossing over EMA50..
UCTS Buy signal flashing on the 1D (LTFs already green)
Volume increasing..
Looking for continuation toward ~260sats as 1st target (~20%)
#LOOM
LOOMBTCBroke out from the trendline and is currently looking like pulling back. If we close above the trend and get a clean retrace it's worth a shot entering on LT: Setting Alert for 50% pullback
If $loom for 200MA Test on the 1D, that would mean + another 12%If loom for 200MA Test on the 1D, that would mean + another 12%
$LOOM trade did develop splendidly! +7% in a day! $LOOM trade did develop splendidly! +7% in a day! (Just as discussed yesterday.)
Currently reesting the breakout of the symmetrical triangle. Could easily see more upside, but securing profits is essential.
LOOM Breakout SetupBuy : 205 - 210 or price close above 50 EMA
stop : 7%
Target : 5% to 50% ( very bullish after breakout 20% for sure after breakout)
LOOM overperforming!LOOM overperforming!
Currently price is consolidating in a symmetrical triangle which will/should let LOOM climb even higher.
Monday will be important. Let's see if altcoins can stay bullish for longer than a day or two.
Happy Trading.
LOOM still in a bear-flag on small time frames, BUT LOOM still in a bear-flag on small time frames, BUT if we stay in range some good profits to be made.
You should be fast and have sell orders set, as it might just wick to targets. (If BTC allows it).
loomusdcbulls are lurking.time to buy specially with the rumor circulating that soon there will be a big partnership announcement. this is not a trade call buy in at your own risk. for my own educational purposes.
Loom Network Breaks Resistance On High Volume | 140% Next!Loom Network (LOOMBTC) just moved above EMA50 on really high volume, higher than the volume we saw back in late Sept. to break above EMA50, telling us that there is potential for additional growth.
On this chart, we are looking at a bullish candlestick supported by a bullish RSI and MACD. LOOMBTC is now strongly bullish.
How do we know that prices will continue going up (aren't going lower)?
Prices can always go lower, the market is really unpredictable we can only read the signals coming from the charts.
The black line you see pointing down is MA200, prices tend to 'gravitate' towards these lines, giving us another signal that the strong support that has been tested 4 times already is likely to continue to hold.
We can also see a very strong increase in trading volume as well as an generally bullish altcoins market.
Feel free to hit LIKE to show your support.
Namaste.
LOOM / BTC Is now on ACCOMULATION ZONEBUY ZONE NOW (215-205)
Targets: 245
260
285
Always place STOP LOSS on yous trades
STOP LOSS for LOOM @189
LOOM possible breakoutLOOM at good support and should make an impulse move up soon. Target 245-250 resistance.