LOOM COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVE !!Amost from 1w chart to 1h chart.... major indicators looks strong bearish.
team behind this project is dead.
support areas i draw clearly on a chart.
hope our analysis will help you in making right decitions.
follow us for more free trade setups....
LOOMUSDT trade ideas
LOOM short at highAs i previously told you about manipulation of LOOM, whales have taken their maximum profit and they sold it at 0.45, 0.40 level, now market again down at its fib retracement level, there will be some manipulation again, whales will pump LOOM again upto 0.32$ but we will find short positions in LOOM only after confiration of pattern. I personally will have a pending order of short postion at 0.40, if market will pump again it will pick my short position, you trade at your own analysis, this is not a financial advice
Cheap Price for get LooMIt has dropped more than 50% in the last 3 days
Exchange wallet balance is still low
now Loom price is 0.23$ ,So this price is low for this currency.
Stop 0.205$
TP1: 0.28$
TP2: 0.31$
SHORT LOOM/USDTLOOM had a PUMP OF 1050% with any fundamental reasons! Yes, IT CAN REPLACE LINK, ok, but it s not happen yet.. 1050% ????? Take advantage from the hipe, A CORRECTION IS NATURAL..
Loom | I think we have reached the end of the journeyAfter the amazing heights it achieved, which exceeded 10x
I think we are about to witness the end of the journey here.
A short trade should work perfect if we have an hourly close below the diamond pattern
Stop should also be an hourly close above the pattern
Take profits on the chart.
NB. Don't use high leverage or your wallet will be burnout by funding fees
Good Luck
LOOM │ 16.10.2023BINANCE:LOOMUSDT.P
Signals for level breakout
bar/candles closure near the level;
bar/candles closure near its high/low;
the instrument gradually approaches the level;
accumulation of energy for level breakout;
a good approach to the level;
consolidation near the level;
decrease in trading volumes before the level;
no response to a false level breakout;
there is a reserve of calculated ATR;
Trade Parameters
Open : 0.27800;
Stop loss : 0.28602;
Take profit :
0.25393;
Disclaimer
Every trader should make their trading decisions based on their own analysis and circumstances. The signals in this channel should be considered as an additional tool for your own consideration.
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Loom Ready To Short Now. Welcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
#LOOMUSDT.P - NEED A CORRECTION#LOOMUSDT.P - Our fresh coin has a Bearish Wolf Pattern. If the pattern works, our target zone will be in the yellow coloured lower support band. My target zone is 0.30-0.28 levels.
Good Luck
My statements are not investment advice !!!
Loom is BULLISH it need to complete fifth wave before go down side and its target is 0.49 may hit in coming days because it absorbed liq from down side and now it is ready to go up
LOOM - Which HH is enough for you ?It is a matter of curiosity which pivot resistance Loom will receive a reaction from. Let's watch
Dont get into TrapDo not fall into the trap
Exchange wallets are still low.
Long in Futures with 2x.
Stop 0.27$
I have two points for you that no one said in TradingViewNo one could have predicted this amount of price increase with any chart. The next time you see that the analysis doesn't work, take the time to check the balance of the wallet of Binance and Coinbase. through the etherscan site
I have two points for you that no one said in TradingView:
1. Wait for it to be listed in Coinspot exchange.
2. The volume of input from whales to the wallets of Binance and Coinbase is increasing, but it is still not the size of yesterday.
Solution: The dump has started, but wait for a final pump to announce the listing on the Coinspot exchange
Take a small amount of short position and, for God's sake, maximum is 3x.
Is Loom Network Heading for a Dump?
The price of LOOM has skyrocketed by 542% in just a month. However, there's a rising trend of massive token transfers to exchanges, prominently by big players and the developer team.
A notable example saw 12.6 million LOOM, totaling $3.48 million, being transferred to Coinbase. Moreover, Upbit currently houses more than half of all circulating LOOM tokens.
These activities could be preludes to a price tumble, but those considering short positions should be cautious; Upbit traders often move against general market anticipations.
loomThe first resistance zone that I consider is in the red lines and any correction can see any of the green lines.
LOOM can be downAccording to Fibonacci Retracement LOOM can be down to its golden zone 0.20 to 0.17, i think wales have earned enough profit, now buying more can be bull trapped, so keep an eye on its irreversible head and shoulder, i always see sharp down trend in such cases, see you at 0.17 or more lower level soon, not a financial advice
LOOM cool offLOOM rejected after breakout, Took my shorts and I will add more if second resistance breaks
The awaited dump is loading up.
if LOOM crosses first resistance it will pump more, Sl should be last High
DYOR
LoomusdtIn this idea
I'm looking for a short position from the resistance U see in the screen
I'm using as usuall Fibo+Volume+ Supp/resistance 30M time frame
This is not financial advice. Trading is risky
If u like my ideas don't forget to follow me )
Loom Is ready To Boom AgainWelcome to our crypto exploration hub! We're here to navigate the exciting world of digital assets, providing you with comprehensive insights into market dynamics and potential trading opportunities.Our mission is to decode the crypto market's mysteries and equip you with the knowledge you need to make informed investment choices. From the latest developments in Bitcoin to the hidden potential of various altcoins, we're your trusted source for daily technical analysis.While technical analysis is a valuable tool, it's important to remember that it's just one piece of the puzzle. We encourage you to take a well-rounded approach to your investments, considering factors like macroeconomic trends, news, and community sentiment.Join us for the freshest analyses, and don't hesitate to join the conversation in the comments below. Keep in mind that our content is purely for educational purposes and should not be construed as financial advice. Always integrate it into your broader investment strategy."
Loomusdt | Next Possible Move Loom/usdt
#LOOMUSDT
It's highly likely that the recent pump in LOOM has concluded, and there's a possibility of a significant drop next week. Let's keep an eye on it.
Ideas are personal opinion not financial advice , always do your own research before making any decision
$LOOM loom's Broadening Wedge$LOOM'S price action has been on a tear for weeks as price has only moved upwards, now creating a broadening wedge...
Will this wedge continue to broaden or is a retracement imminent?
#Loom can retrace to Lower prices: 0.25, 0.23, 0.21, 0.19 , 0.17 OR
Price action can continue to newer heights: 0.32, 0.35
Current price: 0.27
Stop loss : 0.282
Loom Network | LOOMThe price of Loom Network is $0.10 today with a 24hour trading volume of 2 million dollar. This represents a 55% price increase in the last 24 hours and a 145% price increase in the past 7 days. With a circulating supply of 830 Million LOOM, Loom Network is valued at a market cap of 90 million dollar.
Loom Network is a platform as a service that is built on top of Ethereum and allows developers to run large-scale decentralized applications. This platform was released on October 1st, 2017.
The goal of this is to allow application developers to have smart contracts that can access much more computing power when it is required, or maintain the same power at lower costs for tasks such as trials for onboarding new users or applications that simply do not need the full security of blockchain to begin with.
In this system you have the ability to interact with APIs developed by third parties which are not on chain. Loom attempts to be the ultimate platform that allows smart contract developers to create applications without the need to switch to another programming language.
As such, they can easily integrate their applications with the outside world.The Loom Network runs on Plasma, which is a scaling solution that allows for faster transactions throughout the network.
bulls broke 0.069$ wall and here we are
www.tradingview.com
Loom pump coming Loom forming a symmetrical triangle. Soon it will breakout and pump will give good profits. Complete signal with entry stoploss tp is provided in Grp.
LOOM - It's time to stop!We can see LOOM's oversold RSI and two peaks forming.
The divergence is too obvious. We can also see that the Elliot River has formed 5 waves.
It's time for DCA to give Short orders
Hope you can see.
Good luck my friends!
