Descrição
⋅ Loom making Higher highs, lows again in Daily time frame after bouncing off the 0.618 fib and 20DMA support confluence.
If #loom manages to sustain above the daily 55EMA then we can expect it to rally towards the trendline resistance and higher fib extensions.
Targets for loom are at the 0.618 fib extension and at the 1:1 fib extension.
Macd and RSI are bull biased