Long

LOOMBTC. PONTENTAIL REVERSAL PATTERN

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LOOMBTC has maintained it's move to the down side, making a lower lows which has practically staying inside a bullish reversal chart pattern called the FALLING WEDGE. The most important part is the breakout point from the descending resistance level. The falling wedge which has lasted for 133days, which could see a massive move to the upside. Entry will be a bit higher so as not allow the body of the candlestick to close above the descending resistance, which will confirm the breakout and to also allow price to close above the 100 DMA.
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Trade fermée: ordre d’arrêt atteint
Reached 18%, but closed by the -3% TTP.
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Re-entering at the new support at 260sats with 8% SL
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Re-entering at the new support at 269sats with 8% SL
Trend Analysis

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