Loom Network produced a massive 1,250%+ bullish wave from August through October last year. It went on to produce a classic correction and today this pair called my attention.
There isn't much to say here after such strong growth.
➖ LOOMUSDT remains strong relatively speaking, when we compare current price with last years lows.
Those that move strongly tend to continue to perform strongly throughout a market cycle.
Loom Network was great last year and so it is likely to do great in its coming wave.
➖ We have a classic higher low which should lead to a higher high and a higher high implies huge potential for this pair short-term.
➖ Low risk (I would use an extremely tight stop-loss) with a high potential for reward (it is safe to aim at a higher high based on chart signals).
Namaste.
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