My $1k to $100k Challenge - Day 29 Trade #42 - LOOMHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
There is no nice way to put it, I am doing very bad. I am jumping in the trades too early or too late and am on a bad losing streak.
Back to my basics, Base plays, with a twist. I will DCA buy if -5% is hit before my sell target, then make my new sell target my original buy in price which will give me 2 1/2% profit.
What is DCA? Dollar Cost Averaging. Say I buy 100 shares @ $2 = $200. Then the price dips to $1, I invest another $200 and buy 200 shares = $200. Now I own 300 shares and have dropped my cost per share to $1.33 each.
100 shares @ $2 = $200
200 shares @ $1 = $200
300 shares total cost $400 = $1.33 average cost each
My base play strategy explained here:
Click image below to go the the Base play strategy post.
After 26 days and 39 completed trades:
Wins: 16
Loss: 23
Balance: 0.1517 B
USD: $ 989
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 29 trade #42
I invested 0.0337 B into LOOM. I bought 2269 @ 1485 satoshi
My Sell target is: 1575 for 6.06% profit
If the price drops to 1410, I will invest another 0.0337 B and buy another 2390 LOOM @ 1410 satoshi. My new target will be my original buy in price of 1485 satoshi for a potential profit of 2 1/2%.
My Trade Stop loss: 1336 (-7 1/2%)
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
LOOMBTC trade ideas
LOOMMedium term deal on daily basis
Buy from current prices
Sale target 2880 ST
Stop Loss 2000 ST
The profit ratio was calculated from the price of ST 2057 to 2880 ST
38% profit
LOOMLong-term deal
Purchases are made from current prices
Price is now a strong support area
Stop loss is at 2,100 ST
Profit ratio 50% of the price of 2550 ST to 3830 ST
Profit ratio 75% of the price of 2550 ST to 4500 ST
The profit ratio is 170% of the price of 2550 ST to 7000 ST
My $1k to $100k Challenge - Day 20 Trade #29 - LOOMHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
The first week, I made a few mistakes that cost me. Being greedy never pays off. My last couple days trading has been rough, I have lost back some of my profit. There is no need for me to panic, I will keep on working and push forward.
*** I am changing my strategy a bit, I will be using 2 to 1 (profit/loss) risk vs reward. My sell targets will still be 5% but my stop loss will be -2 1/2%.
Last 15 completed trades: 9 wins 7 loss
After 18 days and 26 completed trades:
Wins: 14
Loss: 12
Balance: 0.1762 B
USD: $ 1327
*Some trades may be pending and not yet included in my stats
There are too many trades to list. All my trades and stats for this challenge can be found in the link on my profile if you want to follow.
CAUTION: This challenge represents a small portion of my overall portfolio. To maximize the potential of reaching my 100k challenge goal quickly with just 1k, I am using most of my challenge bankroll per trade trying to build up my bankroll for the challenge.
If you are following me, I do not recommend this strategy, but instead you should limit your trades to max 3-5% of your portfolio per trade. Please trade smart.
Alright, here we go with Day 20 trade #29
I invested 0.0766986 B into LOOM. I bought 3659 for an average cost of @ 2096 satoshi (Error on the chart by 1 satoshi)
Sell target is: 2201 for 5.06% profit
Stop loss: 2042 (-2 1/2%)
Going back to my roots on this play with my Base play strategy.
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
I am 100% transparent. I show screenshots of my buy price and amount on my Discord group. This has been a fun experiment and I enjoy sharing my journey.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
LOOMBTC. Potential bullishDouble bottom + comes from a bearish triangle.
=
very high breaking potential
LOOMBTCLOOMBTC has hit a recent support level and is showing a bullish divergence on the daily time frame. We will enter with a small amount of capital.
Buy: 0.00002400-0.00002480
Target 1: 0.00002727
Target 2: 0.00003093
Target 3: 0.00003342
Target 4: 0.00003603
Stoploss: 0.00002100
Loom short termHello guys this a 3rd TA from me.
i see now loom in support resistance
now this time to buy loom with stop loss.
and you can hold for short term.
see chart and setap your mind and buy loom after order to sell target price .
i just share my idea , so if you invest in loom , do TA with your idea
Thanks
$1k to $100k Challenge - Day 6 Trade #9 - LOOMHello all and thanks for stopping by and following my personal challenge. I am attempting to turn $1000 into $100,000 by the end of the year by day trading altcoins.
I started my challenge on July 14th with a bankroll of 0.16 Bitcoin that was valued at $1000 at the time. You can follow and see all my trades in my profile.
Trades this far:
Day 1 BTS: Win +5% profit
Day 2 VIA: Win +5% profit
Day 2 ADA: Adjusted my stop and it was hit. Dead trade slight profit less than 1%
Day 3 EDO: Hit adjusted trade risk free stop 0%
Day 4 LRC: Loss Hit SL -5%
Day 4 ZIL: Win +5% profit
Day 4 THETA: Loss -5%
Day 5 BLZ: Win +5.86% profit
Started with 0.16 B USD value $1000
Balance now: 0.17650829 B
USD value $1292
I will be using my Base play strategy for this trade. What is my Base Play strategy? I wrote about my Base Play strategy here on TV, if you click the image below it will bring you to it.
This is an older post and the stats are not updated. Below are the current Base play stats:
Base Play Strategy Overall stats
110 days
Trades Won: 822
Trades Loss: 287
Winning rate: 74.12%
Total accumulative profit: 2059% Profit
Alright, here we go with Day 6 trade #9
I invested all of it into LOOM. I bought 5590 @ 3158 satoshi
Sell target is: 3377 for 6.93% profit
Stop loss: 2842
Statistics for past LOOM base plays:
Bases Respected: 22 out of 23 times in the past
Average time to complete trade: 6.83 days
Success Rate: 95.65%
In case you are wondering why my buy price sometimes doesn't match the current price on the chart when I make a new post, this is because I post my coin selection to my Discord group first and then make a new trade idea here which takes about 30 minutes to complete this all.
Your comments, agrees and disagrees are always welcome and appreciated.
Thanks for stopping by and have a great day!
LOOM NETWORK: BITTREX LISTING & MARKET RECOVERY- PROFIT = 33.43%Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 13th of July 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator , you would have expected to net 33.43% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 3: Loom Network SDK Alpha release
April 5: Loom Network is mentioned on Korean TV.
April 13: Plasma Cash is supported on Loom Network.
April 16: DelegateCall now has international support in Chinese, German, Korean and Japanese.
April 17: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
April 20: "CryptoZombies Origins: What is Blockchain?" is released.
April 25: RadarRelay lists LOOM Token.
April 25: DelegateCall releases the following upgrades: Notifications, Email Digests, New Transfer Gateway
April 27: A month ago, we announced that CryptoZombies is hard forking to become the second Loom Network DAppChain, and that those who completed lessons before the cutoff date of April 20th would receive some pretty sweet rewards in the form of ERC20 / ERC721 tokens.
April 30: Loom Network will be sponsoring GopherCon Singapore, one of the largest conferences for Golang developers.
May 2: Binance lists LOOM Token.
May 3: Withdrawal Fee for LOOM Token Reduced.
May 8: 2nd Loom SDK Project Announced: Neon District, a Blockchain-Based Cyberpunk RPG 0.81% .
May 12: LOOM releases Unity SDK Beta. This is HUGE news as it allows allow any game developer to easily integrate with a DAppChain backend without having to be a Blockchain Developer. Full release is pending for June 2018.
May 20: Pixie Shopping Street, one of the fastest growing game developers in Asia, joins Loom SDK to scale games using DAppChains.
May 22: Coco, China’s Biggest Mobile Game Platform Announces Plans to Integrate with Loom DAppChains.
May 23: Loom Network announces a new feature to it's blockchain called ZombieChain: An EOS-Like DPoS Sidechain for Ethereum -0.22% DApps.
June 6: The Cocos SDK for Loom DAppChains is released.
June 7: Loom Network announces Zombie Battleground – Hearthstone on the Blockchain.
June 8: Axie Pets is announced on Loom Network.
June 9: Ethernext lists Loom.
June 12: Upbit lists Loom Token.
June 12: Loom Network launches its Loom SDK Public Beta.
June 15: LOOM Network announces that Zombie Battleground The New Generation of CCG/TCG on the blockchain is LIVE on Kickstarter. This aims to capture the success of Blizzard's Hearthstone.
June 24: Neon District: A Blockchain-based Cyberpunk RPG 0.81% 1.01% 0.46% notes that it will be using Loom's SDK and supports ERC721 Non-Fungible Tokens.
June 29: Plasma Cash Initial Release. This means that Plasma-Backed NFTs Now Available on Loom Network Sidechains. This allows for That means users will now be able to have gas-less transactions and sub-second confirmation times on sidechains, all while having their token fully backed by the security of Ethereum mainnet.
July 4: Zombie Battleground meets it's $250K funding goal.
uly 6: Plasma Cash implementation is open source on github.
July 12: Kickstarter stretch goal is about to be unlocked for Loom Network.
July 18: Bittrex lists Loom Network.
The price increase is the result of the positive developments outlined above and a recovery in in the cypto markets.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for further details)***
H&S LOOM/BTC, potential pump until next resistanceWe can find a shoulder-head-shoulder shape, if validated by breaking the 4000, sell targets could be reached.
$loom break above the 55ema #loom #crypto$Loom making Higher highs, lows again in Daily time frame after bouncing off the 0.618 fib and 20DMA support confluence.
If #loom manages to sustain above the daily 55EMA then we can expect it to rally towards the trendline resistance and higher fib extensions.
Targets for $loom are at the 0.618 fib extension and at the 1:1 fib extension.
Macd and RSI are bull biased
LOOM in short-term Bloom.After successful previous price prediction.
Loom is back in uptrend again.
Targets in chart
Stop loss :2900 sats
Analysis would be invalidated if BTC doesnt behaves
Here is my previous chart for loom.
LOOM IDEA FOR NEXT MOVEMENTGreen box delimited would be a nice place to add some positions.
Next targets in green horizontal lines.
See how the price is about to touch the EMA100 as did before and much attention at EMA´s cross.
A little divergence seems to be appearing in addition.
Hope this could help you in your own analysis.
Regards
Fibonacci level test on my previous trend analysis of LOOMI took the fib levels tool and tested the recent support of 0.00002885 on the daily chart of LOOM – and believe it or not, it turned out to be a '618' key level of the recent retracement. It held this support level pretty well, which is another strong indicator for a short term reversal. In other words, it is very likely that we will see a strong bounce back over the next days. Keep an eye on this one!
I see an upwards trend forming, how about you?This summers hot little newcomer LOOM popped up in the top 100 out of nowhere. At least I haven't seen it coming so fast. After a contemporary decline, I see yet another uptrend forming. So I will keep my eye on this one for August. Looks to me like we will see it testing resistance at 0.00003816 for a third time. But whatever, still an interesting project.
Loom ain't gloomin'Shit's on fire yo
Perf fib 0.65 retrace, MACD and RSI reversal to the bullish side.
Short the LOOMLoom Looks in correction mode.
Sell it and buy back lower.
P.S Ideas are not investment advice.
