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Loomnetwork

Loom Network Says Bullish On The Chart!You might be looking at many tiny red and blue squares, or a bunch of random symbols on a screen on different colors... To me, here it says bullish in many ways... I can see the following signals: Break above EMA10. Increasing bull volume. The downtrend line is broken. Moving below support to hit a new ATL just to quickly move back up. Market cycle... We are likely to see LOOMBTC grow by over 60% soon... and then some more... Thanks a lot for reading. Namaste.
LLong
by AlanSantana
8
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.
L
by AlanSantana
1
LOOM - Loom Network move over resistance level 2000sats at 3rd ?LOOM - Loom Network forecast Frame: 1D/ 4H minor uptrend after successful mainnet Short time: minor upward with 3rd break out at 2000sats or not? refer zone BUY and SELL LOOM/BTC Binance BUY zone: 1850 - 1900 SELL Target: 2027 2117 2416 2790 STOP LOSS: under 1702 sats *** LOOM - Loom Network basis Information: Loom Network (LOOM) is a Platform as a Service intended to allow Ethereum-based Solidity applications to be run on side chains. With the belief that applications should be allowed to have more relaxed consensus mechanisms depending on their needs and potential threat model, Loom aims to make scaling decentralized applications faster and easier while remaining on the Ethereum network. Loom Network’s DPoS sidechains allow for truly scalable blockchain games and DApps with the security of Ethereum mainnet. @TrungVuz #TrungVuz Trading
LLong
by trungvuzb
LOOM - 160%+ Potential Profits! [FREE TRADING SIGNAL]Pair: LOOM/BTC Exchange: Binance Trade Duration: Short Risk: Moderate Loom Network (LOOM) has almost exactly been in sync with LRC (Purple Line) which has already made a move of +173% which we signalled last week. We believe that LOOM will follow LRC shortly. Technical Analysis - Bullish RSI - Similar Profile To LRC - Bullish MA Cross Our Entry Zone 0.00001200 - 0.00001350 Our Targets 1: 0.00002000 2: 0.00003120 Our Stop Loss: 0.00001100 Don't forget to hit that like button and give us a follow , we really appreciate it! Comment your thoughts below. And most importantly, enjoy your day! Crypto Eye Team ------------------------------------------ DISCLAIMER: This analysis is not financial advice and the Crypto Eye are not financial advisors. We are sharing our opinion, nothing more. Please do your due diligence. Trading cryptocurrencies is very high risk and you can lose your entire investment.
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by Axsonex
LOOMBTC Impulsive breakthroughThere are two charts in the analysis. Upper graph represents long term support trend line. We can see that the price crawled to it again and accurately touched. It bounced from it 4 times before and did it again. At the lower chart the current situation is described. Indicators are neutral-bullish, while the price made an impulsive breakthrough. We made this signal and published it in the premium just a 5-10 minutes before the price reached 1st target from the mentioned buy zone. It is a pretty accurate and quick hit. Enjoy free target and always follow the risk aversion strategy. Stay tuned Sincerely, SkyRock Signals team
LLong
by Skyrexio