Long
LOOM - Saucer Pattern - Long Trade
#LOOM #Analysis
Description
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+ LOOM is forming a nice saucer pattern. This is a bullish pattern and we can expect the price to pump if the price breaks out from the resistance range.
+ As of now the price is below the resistance range, we need to wait for the price to hit the resistance range and then breakout from there successfully.
+ I'm expecting the price to breakout from the resistance in the next 2-3 days.
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VectorAlgo Trade Details
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Entry Price: 0.11756
Stop Loss: 0.10708
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Target 1:0.12201
Target 2:0.12712
Target 3:0.13569
Target 4:0.14621
Target 5:0.16046
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Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Description
---------------------------------------------------------------
+ LOOM is forming a nice saucer pattern. This is a bullish pattern and we can expect the price to pump if the price breaks out from the resistance range.
+ As of now the price is below the resistance range, we need to wait for the price to hit the resistance range and then breakout from there successfully.
+ I'm expecting the price to breakout from the resistance in the next 2-3 days.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.11756
Stop Loss: 0.10708
------------------------------
Target 1:0.12201
Target 2:0.12712
Target 3:0.13569
Target 4:0.14621
Target 5:0.16046
------------------------------
Timeframe:4H
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Related publications
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.
Enhance. Trade. Grow
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
🖥 Website: vectoralgo.com/
✈️ Telegram: t.me/VectorAlgo
🤖 Auto Trading Bot: t.me/VectorAlgo_Bot
🕸 SocialMedia: linktr.ee/vectoralgo
Join for latest signals/updates/advice.
Related publications
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.