AlanSantana

✴️ Loom Quad-Bottom (Bottom Sequence, Pattern & Formation)

Long
AlanSantana Updated   
BITGET:LOOMUSDT   LOOMUSDT SPOT
We have the "everything bottom" signal coming off this chart, which is pretty interesting and fairly strong, easy to read.

Loom Network (LOOMUSDT)

1) We have not a double nor triple but a quadruple bottom pattern. LOOMUSDT has been hitting the same price range since November 2022, a total of 4 times.

2) The bottom sequence goes as follows: First, a rounded bottom; Second, the Adam & Eve pattern. This sequence then leads to a bullish wave.

3) These patterns are happening individually within a higher low, short- and long-term.

4) Moving above EMA50 gives the final confirmation of the bottom formation, predicting a major bullish wave.

Bottom, bottom, bottom, bottom... Once we hit bottom, the only place left to go is up. That is exactly what this chart says; LOOMUSDT is ready to grow.

Namaste.
Comment:
~60% Bullish breakout confirmed.
Comment:
+159% so far...
Comment:
+325% so far... & growing!
Comment:
This is a good omen or better yet, a strong bullish signal.
LOOMUSDT now at 529%
Trade closed: target reached:
Total growth after quad-bottom peaked at 990%.

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