Loomusdsignals
LOOMUSDT 2DLOOM ~ 2D
#LOOM Price bounces off this support block. if there is a chance of retesting, this would be a very interesting reversal.
LOOMUSD 1WLOOM ~ 1W 📈
#LOOM If the price returns to this Support Block. We will start making purchases gradually with a target of at least 20%+
🚧Loom Network (LOOM) is ready to Fall at least ➖30%🚧🚀The Loom Network (LOOM) project has grown more than ➕100% in the last week.
🧐Let's first see what Loom Network (LOOM) is❗️❓
🔘Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.
🔘The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.
🔘In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.
🔘As such, they can easily integrate their applications with the outside world.
🔘The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.
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✅ LOOM seems to have succeeded in forming an Ascending Channel .
🏃♂️Currently, LOOM is moving near the upper line of the Ascending Channel and 🟡 Price Reversal Zone(PRZ )🟡.
🔔I expect LOOM to start falling from one of the 🟡 Price Reversal Zone(PRZs ) 🟡, (most likely the first PRZ) and decline to at least the bottom line of the Ascending channel .
Loom Network Analyze (LOOMUSDT), 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
SHORT LOOM/USDTLOOM had a PUMP OF 1050% with any fundamental reasons! Yes, IT CAN REPLACE LINK, ok, but it s not happen yet.. 1050% ????? Take advantage from the hipe, A CORRECTION IS NATURAL..
LOOMUSD A rise the likes of which we've never seen.Loom Network (LOOMUSD) is on the 5th straight green 1W candle, with the last 3 weeks in particular being the strongest bullish sequence LOOM has seen since its historic All Time High on the week of April 30 2018!
Last week it closed the first 1W candle above the Bear Cycle's Lower Highs Resistance and the 1W LMACD sequences resembles the last strong rally of 2020 - early 2021. Based on that we should be currently on leg (c), which can extend all the way to the 2.0 Fibonacci extension, despite the presence of Resistance 1 (0.26900). Our target is 0.60000.
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