LOOM...is looming *UPDATE*
Updated
5/12/18 *UPDATE*
- Loom broke down from the symmetrical triangle (blue line) due to BTC volatility
- Looks like it'll try to retest previous strong resistance areas
- Will look to enter at these key resistance/support areas, but just watching/and waiting for now
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
- Loom broke down from the symmetrical triangle (blue line) due to BTC volatility
- Looks like it'll try to retest previous strong resistance areas
- Will look to enter at these key resistance/support areas, but just watching/and waiting for now
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Note
5/14/18 *UPDATE*- we broke through the upper (yellow) trend line and currently riding it down
- RSI forming higher lows and continues to look bullish
- expecting to see a nice bounce off the yellow trend and find new support at the 6150 sat level
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