Loom chartLoom chart.
Key levels of support and resistance. each level can reject to a new low or become support.
This is made using alien technology.
LOOMUSDT trade ideas
$LOOM hovering on a support trendline in confluence with 200ema Ascending Support Line: The price is respecting a clear ascending trendline, acting as support. Every time the price touches this line, it bounces back, suggesting that buyers are still in control.
Moving Average: The 200-period moving average (red line) is providing additional support, and the price is currently above it, which typically signals a bullish bias.
Potential Breakout: The projected price action shows a bullish scenario with a potential 28% upside from the current level. The target indicated on the chart is around $0.07130, with a current price of $0.05574.
Resistance Levels: The upper horizontal resistance is marked near $0.07130. Breaking this level could open the door for a larger upward movement, but this would depend on the strength of the volume and market conditions.
Price Target: If the ascending support continues to hold, the price may rise gradually before breaking out toward the $0.07130 resistance, representing a potential 28% gain from the current level.
LOOMUSDT: Bullish TrendLOOM is moving in top ten gainers, and its uptrend without any bearish sign. So we will wait for the touch the FIB golden area (buying Area). there is possibility LOOM will be reach 0.618 to 0.5 level of the FIB. So we will take a long trade on these point with proper risk management. If LOOM break its HHs we will take a long trade on CMP with same TP and SL.
LOOM/USDT 4H AnalysisBINANCEUS:LOOMUSDT Price is consolidating above a key support zone, indicating a possible bullish breakout.
Target is set at $0.0792, suggesting significant upside potential if the current support holds.
Watch for a strong move upward soon! 🚀📈 #LOOM #CryptoTrading #Altcoins #TechnicalAnalysis
Loom Network: 600% or 2,600%? Let Me Explain... (Disclaimer)Remember Loom Network last year? It grew more than 1,250% in 6 weeks. This happened on both the Tether (USDT) and Bitcoin (BTC) pairs.
In 2020/21 it grew ~3,400%. I think we are set for another strong wave, simply based on past action.
Potential is huge... Loom Network has been printing higher lows long-term, and higher highs. It has been bearish since October 2023 and recently it stopped dropping after hitting the same support levels three times. We are likely looking at another long-term higher low. These are marked on the chart with black lines.
We are aiming mainly at the 624% target. That is, between 385% and 624% on the chart. This is the "easy," high probability target.
We are not greedy and such a trade, even if we had to wait, say 6 months, would be awesome. The truth is though that it can play out much faster.
Long-term higher lows signal a new higher high potential in the upcoming bullish wave, and thus the 1,630% and 2,648% targets open up. This is also a possibility and there is nothing wrong with aiming high up.
You can choose based on your preference. The way we do it, we accumulate when prices are low and instead of selling everything at one target, there is no need to be 100% right, we sell portions at each target. So we can sell some at 385%, if it keeps growing then more at the next target and so on.
Always leaving something behind just in case it goes higher... Cryptocurrency tends to surprise.
None of this information is to be construed as financial advice.
What I am writing is my interpretation of the chart.
What we call "bullish signals" points to this pair; the candles, the financial hieroglyphs, moving higher in the long-term. This "higher" we translate as certain percentages, numbers, and these numbers some people use to trade.
Whatever you do is up to you.
If you make any money, you can keep it, all of it. It is your decision, your computer, your actions; your win, your results.
If you lose any money, the responsibility is completely yours.
We are not and cannot be responsible for your actions.
You are an adult.
If you cannot accept risks, win or lose, then trading might not be for you.
If you can... Welcome to the Cryptocurrency market.
My name is Alan Santana.
Namaste.
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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LOOMCross on Stochastic and currently inside a diagonal downtrend.
I expect when this trendline breaks, it will break heavy so no point waiting to get in on a retest.
Need to get in now.
LOOMUSDTLOOM ~ 4D ✅
#LOOM If you have Conviction on this Coin, you should get the lowest price at this time. at least for short term profits of 20%++
LOOM Breakout 1H Timeframe BullishLoom got a Structure Breakout of the 1H timeframe. We expect a strong resistance around the area 0,048 - 0,05. MACD signal just crossed, confirming the signal. With the demand increasing in the last couple of days for alt coins, expect a bullish move in the next couple of the days.
Cup & Handle FormationCup & Handle Formation on 15 mins TF
Entry at Breakout with a Proper Stoploss.
LOOMUSDT is on Bull Track nowLOOM has broken all resistance channels and now it on HIGH now. making HH and HL it can go upto 0.4
LOOMUSDT 2DLOOM ~ 2D
#LOOM Price bounces off this support block. if there is a chance of retesting, this would be a very interesting reversal.
Loom is bullish Loom is showing huge buy volumes and forming Inverse H&S pattern. Am so bullish for loom.
Loom chartLoom chart. This is done using an experimental method, the targets for the up movement are at the lines.
loomusdtLOOMUSDT long
............TEK3..............
if it breaks and confirms, it is possible to enter)), of not being patient
Now is a reasonable longWelp just like my last post stated, we had plenty of room on the daily to drop down to support. While I was hoping for a breakout upwards, we did drop out and have find some EMA support on the daily.
Hourly on the left is tight right now and primed for a move.
#LOOM Buy setup detectedHistory doesn't repeat itself, but it rhymes.
As you can see on the chart, a very similar setup has formed as in the past, which previously led to #LOOM rising by more than 1,000%. Let's see what happens this time.
*The trade is canceled if the daily candle closes below the indicator's lower line and the indicator remains red.
Continuing momentum into the weekend?Hourly tightening range setup with a daily breakout off support. If we are still in a bull market, this could keep breaking out upwards instead of pulling back!
HOWEVER!!!!!
There is alot of room for a pullback on the daily chart (right). Any leverage traders will be forced to sell/liquidate on an hourly break downwards as it will be a double digit % move. Still with plenty of room to stay bullish on higher timeframe supports.
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 breakout the falling wedge As it breakout the falling wedge now 0.08469 is key. if close below of it cut your long. If hold it will move up.
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🌴
LOOMUSDT 12H#LOOM has broken the trend line and MA50 on the 12H chart with massive volume. Currently, it is testing the MA200. A retest of Trendline may be happening soon. Buy here and on the retest. Targets are:
$0.11939
$0.13538
$0.14900
