Loom Is Getting Ready To Boom! Easy 95%+ Mapped

4 Mar 2020

Loom Is Ready To Boom! or so the charts are saying.

We are now looking at Loom Network (LOOMBTC) on the daily (D) timeframe.
Each candle is worth 24 hours.

• Prices for LOOMBTC closed above EMA50 and EMA100 yesterday... So today momentum is starting to build up.
  
• MA200 at 0.00000255 is being challenged today. To conquer this level, the daily candle must close above this price. Any close above 255 satoshis and MA200 has been conquered.
• With MA200 conquered, this opens the room for fast and massive growth (green arrow).
  
• Volume is going in favor of the bulls and we have on the MACD a bullish cross.
  
• The RSI is also bullish/strong.
  

On the chart above, we have the targets mapped...
Thanks a lot for your reading.

Thanks a lot for your continued support.

Namaste.

Previous analysis | Jan 4
Loom Network Breaks Resistance On High Volume | 140% Next!