Looks
LOOKSRARE (LOOKS)LooksRare (LOOKS) is a community-driven NFT marketplace that emphasizes rewarding users and active participants with its native token, LOOKS. The platform is designed to compete directly with other NFT marketplaces by offering better incentives for both buyers and sellers, such as token staking rewards and lower transaction fees.
The current price of LooksRare (LOOKS) is $0.088 with a 24-hour trading volume of $12 million. The price of LOOKS has increased by 10% in the last 24 hours, indicating a positive reception to its user-centric approach and competitive features within the NFT space.
Considering LooksRare's strategic focus on enhancing user engagement and its recent bullish performance, the next price targets for LOOKS could be $0.125, $0.150, $0.175, $0.20,and $0.225. Traders might consider establishing positions at the current level. This trade idea is based on the growing popularity of NFTs and LooksRare's innovative approach to capturing value in this expanding market.
LOOKS target 0.4761D time frame
-
LOOKS is retesting the huge falling structure now, this structure began from 0.5 and went over 600 days. This breakout means a sign of strength, which target is the previous high at 0.5. Therefore, we can set up a trading plan while LOOKS starts retesting the obvious support zone.
-
TP: 0.476
SL: 0.05
LOOKS target 0.1812h time frame
-
LOOKS seems more like symmetrical structure here if use Bars Pattern on the left wave(0.385 to 0.037). Considering the downtrend line on higher time frame, the first target is 0.18 as our previous analysis in October(ref.1). If this symmetrical structure maintain the pumping momentum, next target is 0.37.
-
ref.1 Head and Shoulders
LOOKS final target 0.181D time frame
-
We've talked about LOOKS head and shoulders structure before it formed(ref.1). That trading plan is profiting well so far, and still have a target at 0.08~0.09. According to the wedge structure on higher time frame(1D), we can aim the final target at 0.18
-
ref.1 Head and Shoulders
LOOKS bottom Head and Shoulders2h time frame
-
LOOKS creating a potential bottom HS. Currently, getting support at 0.046 and breaking falling wedge with strong momentum, this trend might create right shoulder structure. Neckline of this HS is obvious at 0.07
Once LOOKS break neckline on upside, there are three targets as below.
TP: 0.078~0.083 / 0.089
#LOOKS/USDT 1D (ByBit) Falling wedge breakoutLooks Rare finally regained 20EMA support and seems ready to push towards 100EMA resistance.
⚡️⚡️ #LOOKS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.6X)
Amount: 5.1%
Current Price:
0.06390
Entry Zone:
0.06400 - 0.05740
Take-Profit Targets:
1) 0.07835
2) 0.09165
3) 0.10490
Stop Targets:
1) 0.04620
Published By: @Zblaba
BSE:LOOKS #LOOKSUSDT #LooksRare #NFT
Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0
Expected Profit= +46.5% | +81.6% | +116.5%
Possible Loss= -38.9%
Estimated Gaintime= 1-2 months
looksrare.org
LOOKSRAREUSDTLower end of the accumulative zone here bouncing off support
Can still stake this thing for like 40%apr
Buying the bottom (here?)
And staking until the next bull market will prove a very profitable strategy, HODL like profits with 40%ish on whatever the eventual valuation of your bag is come the bull market
Yield is payed in eth so you’ll have your investment back via eth returns if you stake from here imo
LOOKS/USDI was looking for a decent ETH project that would have the potential for staking and I came across this one.
This is a competition from the NFT marketplace to Opensea. I am one of those who believe in cryptocurrencies, their functions and carefully chosen NFTs have a wide range of uses in my opinion.
Well, Looksrare knows what they're doing. Not only will you save compared to Opensea when trading the NFT, but you are also rewarded. You can further stake the LOOKS token and thus obtain LOOKS, but also ETH.
Only those ETH fees are simply nonsense, but this is generally true for ETH, hopefully with the ETH 2.0 this will change.
The project is at the beginning after a correction from leafing and shaking paper hands. Now I think it's good to accumulate.
DYOR, NFA
My analyzes are for my feedback and fun.
#LOOKS RARE, because it is rare!Tokens launching in a #Crypto Bear market are normally coins to keep a very close eye on .
As they have yet to experience a euphoric phase.
Which means no bag holders capping the price on future gains.
LOOKS is a #NFT platform with around 10% of the volume of opensea.
Since Opensea doesn't have a token ... we cannot Ratio price this coin.
Regradless!
It is a super low cap ... and should be on your watchlist
Don't be a #REKTGUY :)
$LOOKS - Attracted me towards itHello my Fellow TraderZ,
Well, going through the charts and $LOOKS caught me. Price beautifully broke the 4HTF TrendLine,also Inverted Head & Shoulders pattern is playing , and retest in progress.
I'm expecting this LONG setup to continue its play and hit the TP1- $0.32 , TP2 - $0.36.
HAPPY TRADING TraderZ , CHEERS
LooksRare But Good | Bullish SignalsGood afternoon my fellow cryptocurrency trader, I am hoping you are having a wonderful day.
Let's have a look at LooksRare (LOOKSUSDT), we have some interesting signals...
(1) Yesterday we had the highest volume day for this pair. This happened near support after a new ATL was set. (Strong buying = bullish).
(2) We have bullish divergence with the MACD.
The divergence tends to come out when a bottom is forming.
Prices remain trading below EMA10; bearish.
The RSI is still weak.
These are just early signals but there is good potential on this one.
More details on the chart.
Namaste.
Looks daam good :) Short level analysis of Looks. Very little information for TA still however, setting levels is a need when trading a very volatile market. Target of 2.2-2.9$ for TP one, current entry at 1.80$ puts it within a risk zone, but whne accounting for social signals and hype around the token it is a risk I am willing to bear. Max pain would be revisiting 0.78$ but to be honest this is highly speculative within a 12 months time-frame I dont discard it going lower than the previous low given the stacking nature of the token and no real life inputs for its mining. Yes, PoS and Stacking are not going to survive what is ahead, all those tokens are under my scalp box. :)
LOOKS - Similar to BTC - UpdateAt the moment Looks is taking a similar way like btc.
The black box and black bars only show how fast we could recover,
if we take a similar way after the last price drop under the 2$ zone,
but that all depends heavily on the overall crypto market at the moment
and especially now much depends on btc.
In addition, according to Looks Tokenomics, new tokens have just been released,
which can also have a strong impact on supply and demand in the medium term.
Therefore, one should be rather careful at this point.
Not financial advice, just my opinion.
Since I mostly only follow English accounts on Twitter, I also write here in English,
so please forgive me my Google-Translator-English. (The message should still be clear)