Long
LOOM- BUY NOW OR BUY LATER
6/1/18
- LOOM lookin bullish
- We saw a nice double bottom off previous support levels
- Currently battling strong resistance ~5020 which is a confluence zone with the down trend line/ previous support levels turned resistance
- RSi and Stoch RSI looks comfortable being overbought
- RSI and Stoch on 1D looks really bullish
- We may see one more dip to 4800 before we get enough momentum to break thru the 5020 barrier, but the 5020 level is the one to watch IMO
- i'll look to enter when I see confirmation that 5020 becomes a support level, but now may not be a bad time either
Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
- LOOM lookin bullish
- We saw a nice double bottom off previous support levels
- Currently battling strong resistance ~5020 which is a confluence zone with the down trend line/ previous support levels turned resistance
- RSi and Stoch RSI looks comfortable being overbought
- RSI and Stoch on 1D looks really bullish
- We may see one more dip to 4800 before we get enough momentum to break thru the 5020 barrier, but the 5020 level is the one to watch IMO
- i'll look to enter when I see confirmation that 5020 becomes a support level, but now may not be a bad time either
Please DYOR and trade at your own risk
* This is not financial advice, I am not a financial advisor. Just a noob learning about charting*
노트
*UPDATE* 6/3/18- We couldn't hold the 5020 level and currently testing the downtrend support line. - - looking for a bounce in the 4800-4850 level (0.236 fib) as stated above and may be a good entry point, in terms of reward:risk, for those looking to get in this solid project
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.