Long on Loom
Updated
Loom has numerous updates lately. Great news all over the space.
Here is my indicators why i'm bullish on LOOM
- two pin bar on 4HR timeframe, means bear has been weaken by buying power
- RSI already cooling down from recent pump 17xx sats
- sitting at support around 15xx sats which is a healthy retracement
- still above 50 SMMA means the trend is still going on
My mid target is above on the green box area and purple line.
Find me and tip me @ investfeed.com/blockchaindedi/posts/
Here is my indicators why i'm bullish on LOOM
- two pin bar on 4HR timeframe, means bear has been weaken by buying power
- RSI already cooling down from recent pump 17xx sats
- sitting at support around 15xx sats which is a healthy retracement
- still above 50 SMMA means the trend is still going on
My mid target is above on the green box area and purple line.
Find me and tip me @ investfeed.com/blockchaindedi/posts/
Trade closed: stop reached
Note
Will re update loom
Note
actually this is a good trade because it touch first target
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