LOOMBTC trade ideas
$LOOM, Showing a Weekly buy signal for the 1st time$LOOM
Showing a Weekly buy signal for the 1st time as its trying to cross over EMA50..
Weekly volume reached a new high as well
Zooming in:
Crossing over ~300sats, continuation (R/S Flip) should allow a new leg up toward ~400sats..
#LOOM
LoombtcLoom Network developing nice curve and is out of bear grip with huge volumes on weekly charts , chart to watch closely might touch 2K by end of year.
LOOM Loom Network upside potentialAfter a small correction due to overbought, the upside potential is clear.
If you are interested to test some amazing BUY and SELL INDICATORS, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
LOOM about to break out on the weeklyLOOMBTC
Starting to head towards a break out of a long term consolidation on the weekly TF.
There’s two entry options here - a BCR of 285 sats area could long to 366 as the first target.
The less risky entry would be to wait for the BCR of 366 to avoid the volatile wicky area between 285-366
This would be a long term hold that could potentially return over 2000%.
On the daily we are currently trying to push past that 285 sat zone so just watching this one for now. Once we pass there I’ll be looking for a retest to either support or a FIB level or even a retest of the 10 EMA on the daily.
Lots of bullish volume coming in now also.
It definitely needs a pull back before opening a position.
The Loom Network is an Ethereum-based, Platform-as-a-Service (PaaS) network with a Software Development Kit (SDK) targeting large-scale, decentralized social app and game development. Loom DAppChains are run as parallel sidechains attached to smart contracts on the Ethereum mainnet. The LOOM token is the proprietary ERC-20 membership token that provides access to DAppChains on the Loom Network.
*source: cryptobriefing.com
LOOM/BTC broke out of a BULLISH TRIANGLE!LOOM/BTC broke out of a BULLISH TRIANGLE!
Now retesting the first target. Great entry!
Trade safe my friends....
BINANCE:LOOMBTC
LOOM / BTC, The Preparation?LOOM was bouncing from 0.786 fib (173) from previous low and high and trying to move upside
It's now chalenging the EMA 50 (193) and trendline resistance
Break from here would bring LOOM to go higher
What do you think guys?
Let's share your idea!
LOOM/BTC in a bullish triangle with a inverse head & shoulders.LOOM/BTC in a bullish triangle with a inverse head & shoulders.
Aggressive entry in green target on support line of the triangle.
Trade safe my friends...
BINANCE:LOOMBTC
LOOMBTC IS IN BUY ZONE!LOOMBTC IS IN BUY ZONE.AFTER 250 TARGET IS REACHED AND BROKEN ABOVE, WE CAN LOOK FOR HIGHER TARGETS.
Loom Network Going Exactly As Predicted, Look InsideMy last chart for Loom Network (LOOMBTC) came out on June 17...
It is going exactly as charted... But there is room for more.
Right now we have prices safely trading above MA200 and one other very strong bullish signal...
A bullish cross of EMA50 and MA200.
That's when EMA50 crosses MA200 while moving up.
This signal is a classic and precedes strong bullish growth.
See here the previous chart:
Additional info can be seen on the chart...
Thanks a lot for your support.
Namaste.
$LOOM, Crossed & hodling ~215 sats support level matching EMA50$LOOM
Crossed and hodling ~215 sats support level matching EMA50 on the daily chart..
Looking volume to show signs of rising from here allowing continuation toward ~260/320sats
UCTS remaining bullish at HTFs...
#LOOM
