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#LOOM Price Action Analysis:
Coin bull run started after bottom formation. After initial pump, $LOOM price observed profit taking. This selling draged price down â€”ïž where again BUYING was observed. This new buying again pushed LOOMUSDT price up‎ïž.
This price play has formed a typical Symmetrical Triangle pattern.
đ·ïžIn Technical Analysis, midway triangle represents intermediate correction after which the previous trend continues.
đ Most probably #LOOMUSDT will continue uptrend đ after completion and upward breakout of this triangle.
#LoomNetwork
#TechnicalAnalysis
Coin bull run started after bottom formation. After initial pump, $LOOM price observed profit taking. This selling draged price down â€”ïž where again BUYING was observed. This new buying again pushed LOOMUSDT price up‎ïž.
This price play has formed a typical Symmetrical Triangle pattern.
đ·ïžIn Technical Analysis, midway triangle represents intermediate correction after which the previous trend continues.
đ Most probably #LOOMUSDT will continue uptrend đ after completion and upward breakout of this triangle.
#LoomNetwork
#TechnicalAnalysis
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