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MianVerse
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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 ⤵️ where again BUYING was observed. This new buying again pushed LOOMUSDT price up⤴️.
This price play has formed a typical Symmetrical Triangle pattern.
🔷️In Technical Analysis, midway triangle represents intermediate correction after which the previous trend continues.
👉 Most probably #LOOMUSDT will continue uptrend 📈 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 ⤵️ where again BUYING was observed. This new buying again pushed LOOMUSDT price up⤴️.
This price play has formed a typical Symmetrical Triangle pattern.
🔷️In Technical Analysis, midway triangle represents intermediate correction after which the previous trend continues.
👉 Most probably #LOOMUSDT will continue uptrend 📈 after completion and upward breakout of this triangle.
#LoomNetwork
#TechnicalAnalysis
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