$Loom making Higher highs, lows again in Daily time frame after bouncing off the 0.618 fib and 20DMA support confluence.
If #loom manages to sustain above the daily 55EMA then we can expect it to rally towards the trendline resistance and higher fib extensions.
Targets for $loom are at the 0.618 fib extension and at the 1:1 fib extension.
Macd and RSI are bull biased
If #loom manages to sustain above the daily 55EMA then we can expect it to rally towards the trendline resistance and higher fib extensions.
Targets for $loom are at the 0.618 fib extension and at the 1:1 fib extension.
Macd and RSI are bull biased