We have a classic here as Loom Network (LOOMBTC) recovered almost 3 months of losses in a single day, this confirms that the bottom is in as well as the start of a new bullish phase.
In this chart we have a long-term higher low, June 2023 vs May 2022.
✔️ The downtrend has been broken.
✔️ The bearish wave is over.
✔️ The next bullish phase can last for many months.
This pair has been growing long-term already, the volume, the MACD and RSI are pointing to a higher high next... The targets can be seen on the chart.
Namaste.