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

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