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Possible Breakout on LOOM

shooowan tarafından
It looks like LOOM has formed a small descending wedge on the 1H and may be breaking upwards. Volume has decreased over the last couple days as the wedge has descended toward the current support trendline, and buying pressure appears to be going up right now while selling pressure is settling down. As usual, we'll depend on BTC to keep steady in order for any of this to work out.

(Criticism is highly welcomed as I'm new to TA)
Trend Analysis
shooowan

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.