Hello all,
LOOM/USDC is looking to go higher in my opinion. The Daily Chart shows LOOM slightly under the overbought RSI and the Hourly Chart shows that it has formed an apparent bullish pennant.
Look for the breakout from the pennant on the Hourly Chart. Like I stated on my previous idea on LOOM, I really believe LOOM will make new highs and keep going as weeks and months pass.
I am not a financial adviser, this idea like many others are of my opinion. My charts are based on technical analysis and information I read and gather. You all make your own research on the different crypto and forex pairs to better your knowledge.
Thank you all and good luck!
LOOM/USDC is looking to go higher in my opinion. The Daily Chart shows LOOM slightly under the overbought RSI and the Hourly Chart shows that it has formed an apparent bullish pennant.
Look for the breakout from the pennant on the Hourly Chart. Like I stated on my previous idea on LOOM, I really believe LOOM will make new highs and keep going as weeks and months pass.
I am not a financial adviser, this idea like many others are of my opinion. My charts are based on technical analysis and information I read and gather. You all make your own research on the different crypto and forex pairs to better your knowledge.
Thank you all and good luck!
