Technical analysis gauges display real-time ratings for the selected timeframes. The summary for Loom Network / Bitcoin is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots. Results are available at a quick glance. Loom/btc very interesting buy area around sat Its acting as major support 3 times before If history repeats itself and loom hold price above that price there is highly chance we can see big jump in loom Current rate sat I dont recommend to buy blindly at sat Only if you see bullish signs there And stoploss will be very small daily close below. LOOM BTC 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 sats area could long to as the first target. The less risky entry would be to wait for the BCR of to avoid the volatile wicky area between This would be a long term hold that could potentially return over.
Loom btc tradingviewTechnical Analysis of Loom Network / Bitcoin (BINANCE:LOOMBTC) — TradingView — India
Now retesting the first target. Great entry! Trade safe my friends Loom appears to be finding a a temporary bottom on a 9 as can be seen on a daily chart above. I would at the very least expect a retest in the coming weeks but for now, there should at the very least be a short and brief relief rally over the next few days. Loom 's chart is good, volume is growing. Between satoshi available for purchase.
Be careful, break a leg!! I can see it going down all the way and completing a 9 count on the TD Sequential, followed by a bounce and now finally a break above EMA10 and some strong resistance marked by EMA on the 4H time frame which was rejected several times in the past. With more volume needed for a strong move up, Fibo rebound 0.
There is also a breakthrough in the trend and the candles look good. Loom Network is bouncing from very strong support, marking a triple bottom.
Feel free to hit like to find out, and let's continue with this chart analysis. There is no guarantee obviously, we will have to wait and see further on when it moves further along, but it's worth looking at anyways.
As with all head and shoulders patterns, we look for a breakout point by large volume, which looks to happen It appears as though after 6 months in this falling channel that we have found some relief.
Might be a little early to tell, but there have been good indicators over the last few days. Note that in the last two months we have had the highest volume of Further, note the last three days have broken above the upper trend line and have been testing that line for Like btc chart, she about ready to blow. The weekly had the most volume ever. It was green. Support, resistance and pivot areas in longer term and channel trend. Bullish trend. Videos only.