LOOM technical analysis

LOOM seen from the temporality of 1D we can see how the bulls are trying to push the price above the low range of the accumulation structure to claim the support, we see how the current movement of the candles maintain an upward momentum, the low range is located at 1135, I have drawn on the chart the possible trajectory that could follow the price in the support claim, to get it and test it as support we should see the price reach without problems our first take profit located in 1881.

LOOM seen from the temporality of 1W we can