Strong momentum so far as we push right past 3300 (H1 200EMA) and 3350 (H1 neckline) to create a new support zone.
Daily MACD closing back in on divergence although we may see some drop off the H4.
Expected resistance around 3400 (H4 neckline) with support at either 3050 (double-bottom) or 3200 (cup-and-handle). A push to 3600 would see support at 3400.
Based on yesterday's post, I would look to buy-in if current H4 candle closed above 3350. This is true for subsequent candles as well however if this candle fails we likely drop.
*** If you trade NFTs make sure to checkout the latest airdrop
LOOKS, only live for 8 more days. To see if you're eligible for claim checkout looksrare(dot)org. Always dyor.
Daily MACD closing back in on divergence although we may see some drop off the H4.
Expected resistance around 3400 (H4 neckline) with support at either 3050 (double-bottom) or 3200 (cup-and-handle). A push to 3600 would see support at 3400.
Based on yesterday's post, I would look to buy-in if current H4 candle closed above 3350. This is true for subsequent candles as well however if this candle fails we likely drop.
*** If you trade NFTs make sure to checkout the latest airdrop
LOOKS, only live for 8 more days. To see if you're eligible for claim checkout looksrare(dot)org. Always dyor.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.