LOOM Market Update: (Based on 1H Chart)👉 History of this market: Many of you are already familiar with the recent popularity of the $LOOM market, which has gained traction over the last two weeks. While it was previously only listed in Spot Trading on Binance, it was added to Future Trading just three days ago. I have been observing this market since last year August when it was relatively popular, trading in the price
TRADING PATTERNEntry base on chart patterns (bullish pennant) and other reasons.Things to note:1. It a continuous pattern which is mostly used in a trending market (uptrend).2. Bearish + trendline3. Take price at length of triangle height.4. Entry after brake-out5. Sl below the last low and tp at nearest supply zone or liquidity grap.Kindy note when trading this patterns it must be in line with the current market structure. Pls study 📝#Binance #BinanceSquare #crypto2023