LOOMUSDT | Trendline Break Signals Potential Upswing!!LOOMUSDT has recently broken the trendline, signaling a potential big upward move. While we anticipate this bullish momentum, a small correction could occur before the price takes off. Stay alert and trade safely!
LOOMUSDT (1D Chart) Technical analysis
LOOMUSDT (1D Chart) Currently trading at $0.06
Buy level: Above $0.056
Stop loss: Below $0.046
TP1: $0.07
TP2: $0.085
TP3: $0.1
TP4: $0.13
Max Leverage 3x
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LOOMUSDT
LOOMUSDT 2DLOOM ~ 2D
#LOOM Price bounces off this support block. if there is a chance of retesting, this would be a very interesting reversal.
LOOMUSDT(Loom Network) Daily tf Range Updated till 17-05-24LOOMUSDT(Loom Network) Daily timeframe range. depend on todays daily close if its a clean break through 0.09442. if it can stay above 0.09442 it will lead till 0.11446, . local support is at 0.07394.
#LOOM/USDT#LOOM
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 0.0700, where some correction is expected.
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a downtrend that is expected to break higher to support the rise
Entry price is 0.0770
The first target is 0.09280
The second target is 0.1100
The third goal is 0.1261
LOOM/USDT It's need break the resistance for continue upward!💎 Paradisers, #LOOM is certainly catching attention as a potential coin to watch.
💎 It has successfully broken out of the descending resistance area, signaling positive momentum and an upward movement in price.
💎 However, it's encountering resistance around the $0.103 area, and the MACD support for bullish momentum a decisive break above this resistance is needed to confirm LOOM's shift to an upward trajectory, potentially leading to a test of our target resistance area.
💎 Should LOOM fail to break the resistance, there's a possibility it could retest the trendline area or find support around the $0.088 - $0.08 range to gather momentum for another attempt at breaking the resistance.
💎 If LOOM fails to bounce and breaks below the support level, the next significant level to watch is the demand area around $0.074 - $0.06. Historical data shows that LOOM has successfully bounced from this level before, leading to significant upward movement. Should history repeat itself, a bounce from this area could fuel a renewed bullish momentum.
💎 However, bullish invalidation would occur if the candle closes below the demand area, indicating a confirmed breakdown in price and potentially signaling further downward movement.
MyCryptoParadise
iFeel the success🌴
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/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
#LOOM/USDT #LOOM
The price is moving in a falling channel on a 4-hour frame and we have it in green at the price of 0.900
We have a higher stability of 100% moving forward
Now we have a nice breakout coming up
Our RSI indicator has a trend that is about to break to the upside
The trend drawn on it
Entry price is 0.1000
The first goal.1120
The target for the second is 0.1212
The third goal is 0.1300
LOOM - Saucer Pattern - Long Trade #LOOM #Analysis
Description
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+ LOOM is forming a nice saucer pattern. This is a bullish pattern and we can expect the price to pump if the price breaks out from the resistance range.
+ As of now the price is below the resistance range, we need to wait for the price to hit the resistance range and then breakout from there successfully.
+ I'm expecting the price to breakout from the resistance in the next 2-3 days.
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VectorAlgo Trade Details
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Entry Price: 0.11756
Stop Loss: 0.10708
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Target 1:0.12201
Target 2:0.12712
Target 3:0.13569
Target 4:0.14621
Target 5:0.16046
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Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
LOOM LOOKS BULLISHLooks like AUDIO's big diametric is over.
After engaging with the advance supply, it will soon move towards the target.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LOOMUSDT ALERT!!BYBIT:LOOMUSDT.P
So I've put an alert on loomusdt because as this is moving up in a trend already... to me, it's unlikely that this will come back down to this price before a continuation BUT this is why I put an alert here because this is my ideal price to get in.
I will update this.
Thanks guys.
LOOM/USDT Break Alert! It's ready for continue upward movement ?💎 LOOM has recently experienced significant market dynamics, breaking out of a descending channel pattern after a perfect bounce from the Bullish OB area.
💎 There is a probability that the price will undergo a retesting phase at the trendline before continuing its significant upward movement toward our target strong resistance area.
💎 However, if LOOM fails to bounce during the retesting phase at the trendline, there is potential for the price to reverse direction and retreat downward, possibly retesting the Bullish OB area.
💎 The Bullish OB area has historically been strong enough to support LOOM's price, often resulting in consistent bounces upon reaching it. However, if LOOM were to break down below the Bullish OB area, it would signal a bearish turn, likely leading to further downward movement and potentially deeper lows.
Will $Loom LOOM Bloom again? $loom loom price action currently in a supposed broadening wedge pattern
Current Price: $0.11
A break below this wedge will find support around 0.065
A continous broadening will lead to resistances: 0.15, 0.19, 0.22, 0.26, 0.3,0.34, 0.4, 0.5
Question is... will #loom Bloom again?
🚧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.
LOOM can go back upAfter heavy and sharp fall, it has reached an important area. By maintaining the green area, it can move upwards.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
LOOMUSDTVery strong flooring here.
We suspect an inverted shoulder pattern in daily time.
We can hope to conquer $0.20 again. It is good to have some of this currency.
LOOMUSDT more than 100 % again..#LOOMUSDT more than 100 % again.. Get ready For Exit Pump.. #Loom can give you more than 100 %....
LOOMUSDTExpecting new moving after 0,085 area (approx)
Fake breakout at 0.10900
The path and dates may float