Loom Long Setup after PullBack
While BTC has a cool off and consolidates before its next move the Alt coins get a opportunity to shine .
Here we have LOOM which has had a nice run alike many others but dont threat if your not in any position because there is always an opportunity to align yourself .
There is not 1 coin which doesnt or hasnt given every gain back and Loom is no exception ...
Currently we are trading inside of this triangle and respecting its boundarys well , with that said i see a pull back to the 0.66 fib level before another bounce to the upside targeting the 260 region as per chart .
Remember plan your trade . entry and stop loss , ensure to take profits on the way up and always be prepared for BTC to spoil the Party !
If you enjoy my work then Please support me with either a Like , follow , share or a comment..... I chart anything upon request so send a msg if you have something in mind ...Thanks for stopping by
Here we have LOOM which has had a nice run alike many others but dont threat if your not in any position because there is always an opportunity to align yourself .
There is not 1 coin which doesnt or hasnt given every gain back and Loom is no exception ...
Currently we are trading inside of this triangle and respecting its boundarys well , with that said i see a pull back to the 0.66 fib level before another bounce to the upside targeting the 260 region as per chart .
Remember plan your trade . entry and stop loss , ensure to take profits on the way up and always be prepared for BTC to spoil the Party !
If you enjoy my work then Please support me with either a Like , follow , share or a comment..... I chart anything upon request so send a msg if you have something in mind ...Thanks for stopping by
Comment:
We went up a little more than i had expected but welcome to alt coins ...anyway for now we are coming down back to earth and it looks like the level i had set got front run ... I have alerts set and will respond when they go off
Order cancelled