FX_Academy

Loom Network (LOOM/BTC) in a corrective triangle

BINANCE:LOOMBTC   Loom Network / Bitcoin
Since it hit the market, Loom was experienced a surge of 71% after which the price has been correcting in a symmetrical triangle. The price is currently getting really close to the 0.236 Fibonacci retracement level, and I think that it's going to go above it, to the triangles resistance line and break out from it on the upside, as I think the WXYXZ is compleated and that this is a start of an impulse wave we are seeing.

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