Loom Network Loom Coin Price Prediction.steemCreated with Sketch.

in loom-network •  2 years ago 

So on loom network you have two dip scenarios with three targets one could give you around 79 percent gains 36 percent gains and 144 percent gains here

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by looking at the daily chart right here and this coin was listed on the binance exchange few days ago right here on the 26th of august and right now it is taking a higher high means it

is trying to make a new high and this daily candle is gigantic daily candle and it is getting out the previous highs so that's a good sign for the time being let me move down to the 4r

chart and on the 4r chart we are seeing a higher highs and lower highs means the trend is shifting towards the upside and for those of you who want to buy this coin i can give you levels

right here this is the level at around six cents region and another level i can see is right here at around five centimeter you can see this level is a nice support and resistance area it

broke out and when the price comes down here we might be getting a bounce and this area at around five cent is also a nice support and resistance area right here as well all the way so we have two

levels right here and let me also pull out the fibonacci retracement level right here like this and we have a conference at around 78.6 percent

retracement level right here at this level around six cents region so this level is very very important right here so let's say if you buy right here you take profit should be the next

resistance and that will be again about 80 percent gains here or you can take entry light right here at around 5 cents region and take profit at the next resistance and that will gain you around 36 gains here or you can take

the profits to the highest of this region and that will be again of about 145 percent gains here so on loom

network you have two dip scenarios with three targets one could give you around 79 percent gains 36 percent gains and 144 percent gains here.

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