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LOOMBTC trade ideas

Loom Network | Today's Close Gives It Away... 50% Target MappedLoom Network (LOOMBTC) has two strong bullish signals coming out. The first one is the bullish engulfing pattern. The second one is the break above EMA10/50/100/300 and MA200 all in a single day. EMA300, which is the highest of all EMAs on this chart, is sitting at 198 satoshis (0.00000198), closing above this level confirms the break above resistance and also the bullish engulfing pattern. To top it all up, we have a bullish MACD with the RSI now strong. On the other hand, if LOOMBTC closes below EMA50 (0.00000187), we will see a test of lower support before additional growth (this is the less likely scenario). We are looking bullish. 50%+ Target mapped on the chart. Namaste.
Long
by AlanSantana
1
🆓Loom Network (LOOM) Dec-29 #LOOM $LOOM . 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 0.0000018$ zone 🔴Buy : 0.0000018 🔴Sell : 0.0000021 - 0.0000026 - 0.0000032 📈BLUE PLAN ♻️Condition : If 1-Day closes BELOW 0.0000018$ zone 🔵Sell : 0.0000018 🔵Buy : 0.0000021 - 0.0000026 - 0.0000032 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
LLong
by CryptoStation
1
LONG LOOM/BTCLoom is looking exceptionally bullish. Consider accumulating it slowly. Expecting 50% profit from LOOM. Accumulation level: 197 sats to 207 sats. Note: You can accumulate below the accumulation level as well if the price falls. Stop Loss: 183 sats. Target 1: 239 sats. Target 2: 267 sats. Target 3: 294 sats. Loom has great potential to grow so start filling your bag with LOOM. Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before taking this trade. Do like, and comment below. Every single like and comment is counted.
LLong
by Dexter_The_Trader
LOOMBTC nice breakout!The price had a very nice breakout from descending channel and from weekly resistance. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
LLong
by InkyGrip
6
Loom Is Ready To Boom! (130% Target Mapped)Loom is ready to boom! We have three really strong candles in the past few days for LOOMBTC which points to a change of trend. Our most basic signal to gauge the potential of a pair is when we look at EMA10. When prices are below EMA10, we see the potential leaning towards the bears. Above EMA10, we have bullish potential. Two days ago LOOMBTC managed to break and close above EMA10 and so we now have additional growth. We can expect this to continue... The MACD and RSI also support this signal and the current action we are seeing take place. Also, keep in mind that we are in summer now and close to the 4th of July... The market can start to move strong when people are on vacations... When "nobody" is watching. After very strong bearish action many are pushed away. When people are no longer interested...
When they think it is the end... That is exactly when the market trend starts to change. And now we see GREEN every single day. Namaste.
LLong
by AlanSantana
1
Crypto|LOOM/BTC|LongLong LOOM/BTC Activation of the transaction only when the blue zone is fixed/broken. The author recommends the use of anchoring fixed the blue zone, this variation is less risky. If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone. The idea is to work out the resistance level . * Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author. + Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled. + ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction. The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %. Blue zones - activation zones. Green zones - take zones. Red zone - stop zone. Working out the stop when the price returns to the level after activation + fixing in the red zone. Orange arrow - the direction of take. The red arrow - the direction of the stop. SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take. P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
LLong
by Henry_Ross
22