warning: this is my personal opinion, not a financial advise! consider your own risks while investing in crypto currencies!
LOOM/BTC
If we consider the chart in long term, Loom's price is very fascinating. There is a nice parabole opportunity in the bull market. The momentum was also pretty until we had Bitcoin drop back, we saw 380 sats!
The ascending trend shows a broadening wedge pattern, however I expect a big run which will show us a break out once Bitcoin price is stable again. If we can break out 380-385 sats, then there is a possibility of x4 to x5 run in short term.
LOOM/BTC
If we consider the chart in long term, Loom's price is very fascinating. There is a nice parabole opportunity in the bull market. The momentum was also pretty until we had Bitcoin drop back, we saw 380 sats!
The ascending trend shows a broadening wedge pattern, however I expect a big run which will show us a break out once Bitcoin price is stable again. If we can break out 380-385 sats, then there is a possibility of x4 to x5 run in short term.
Comment:
Loom has been accumulating the volume around 280 sats. I expect a good run on Monday latest if there is no problem with BTC.D