TA for LOOMBTC

Loom Network / Bitcoin BINANCE:LOOMBTC

HolleyIG

Buy signal for LOOMBTC

1D
● Price dropped to the 50 EMA support
● Additional support from the 0.5 Fib level

4D
● Buy signal
● Looking to reclaim the 200 EMA
● Bullish divergence formed with RSI and MACD

1H
● Postitive RSI and MACD following previous Bullish divergence on 1H

Targets
TP1: 218
TP2: 235

You might be interested in …

Trading View May 10, 2022

May.4-May.10SOL(1d) Weekly market recap

May.4-May.10SOL(1d) Weekly market recap SOL/USD COINBASE:SOLUSD Sypool Last week, after the interest rate hike decision, the market accelerated decline again after a one-day honeymoon. Concerns about the economic system made the positive tone of interest […]

Trading View March 21, 2022

BTC Head and Shoulders

BTC Head and Shoulders Bitcoin / TetherUS BINANCE:BTCUSDT JohnoTrades Possible break down back to 39k on BTC due to H&S a lot of charts showing similar patterns right now.

Trading View April 6, 2022

BTC/USDT ( 4h analysis )✔✔

BTC/USDT ( 4h analysis )✔✔ Bitcoin / TetherUS BINANCE:BTCUSDT Akiia BINANCE:BTCUSDT * Bitcoin is at the bottom of its channel. * It can grow from here to the top of the canal. * But if […]