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LOOM Network / Bitcoin

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LOOMBTC trade ideas

LOOM/BTC - DAY TRADEHi, today we are going to talk about LOOM and in a Day Trade opportunity. We observe a 60M chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above. Thank you for reading and leave your comments if you like. Join the Traders Heaven today, for more exclusive contents! Link bellow! Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
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by Igor-Silva
LOOM: Looking Better Than MostWe noticed a significant trading breakout might be taking place in LOOMBTC. The recent trend is for altcoins to retrace 23% of their recent down moves. Like many bear market rallies, these up moves have been tremendous and very short-lived. So, you have to jump on the up move while you can. In this case, LOOMBTC has taken out previous support near 362 and could be headed for the 23% retracement of its substantial down move. That level is up at 654. Bottom Line: If you like LOOMBTC, you can try and buy a dip if there is a return move to 362. If you love LOOMBTC, then you can try to FOMO in betting it rips to 654. If LOOMBTC closes below 362, that would give us pause.
LLong
by tokenmetrics
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
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