I identified a descending triangle on the 1h chart for Loom/BTC. HAve heard quite some noise about this, so I m hoping we'll have a breakout soon! Not a financial advisor.
Engulfing candle at the 0.786 level , hopefully the end of a Wave 2. confluence on the RSI with a decent bounce off the over sold level. Target between 0.0025 and 0.0026 if going for 1:1 fib extension Lets hope volume starts raising soon. This is by no means financial advice, i am still learning.