#LOOM/USDT#LOOM
The price is moving in a downward channel after being pumped strongly.
There is often a large correction after that, and the correction goes within the boundaries of that channel downward.
The price is below Moving Average 100
The price is expected to continue falling inside the channel.
Targeting the support area 0.04700 to 0.04000
Loombtcshort
LOOM/BTC BRACKOUT! READY TO PUMP 350%!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
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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.
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LOOM NETWORK appears to be finding a temporary BOTTOM on a 9!!!!Loom appears to be finding a a temporary bottom on a 9 as can be seen on a daily chart above.
I would at the very least expect a retest in the coming weeks but for now, there should at the very least be a short and brief relief rally over the next few days.