*UPDATE* LOOM lookin bullish
Updated
*UPDATE* 5/16/18
- LOOM looking bullish and finding support in the orange channel
- expecting to find new support at the 6300-6390 levels soon
- RSI continues to look bullish and continuing to form higher lows
- Stoch RSI looking like it still has some juice
-On the flip-side, btc taking a dump may take loom with it and take it back down to the 5300 levels
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
- LOOM looking bullish and finding support in the orange channel
- expecting to find new support at the 6300-6390 levels soon
- RSI continues to look bullish and continuing to form higher lows
- Stoch RSI looking like it still has some juice
-On the flip-side, btc taking a dump may take loom with it and take it back down to the 5300 levels
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
Note
*UPDATE* 5/24/18- LOOM took a hit with btc and currently settling at the 5300 levels like I mentioned above
- may be a good entry point as I dont see us dipping below 5150
- that's assuming btc remains neutral/bullish
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