LOOM/BTC - 5%-25% proft SHORT-MID Term
Coin Info:
https://loomx.io/
"Loom Network is building a fundamental infrastructure platform that will help Ethereum scale, and is the first Ethereum scaling solution to be live in production.
In short, you can think of Loom Network as EOS on top of Ethereum."
Looking good on this chart, triple botom 4500 sat. Broke out of descending triangle recently, has to keep above 21 EMA in 1H-2H chart.
3 hamer patterns spotted at 1H-2H chart -> 1 month big profit unless it breaks the support line at 4500 sat (unlikely)
-Buy in 4600-4700 sat.
-sell point at 4998 sat - 5381 sat - 5500 sat.
Can hold longer for +25%-50% (1 month) - But there is no volume in Loom yet
This is not financial advice just an analysis and my personal view on this chart.
Keep a look at the 21 EMA on 1H chart
Binance
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.