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.
LOOKSUSD
LOOKS target 0.4761D time frame
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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.
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TP: 0.476
SL: 0.05
LOOKS target 0.1812h time frame
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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.
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ref.1 Head and Shoulders
LOOKS final target 0.181D time frame
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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
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ref.1 Head and Shoulders
LOOKS bottom Head and Shoulders2h time frame
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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
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 :)
LOOKSRARE potentially looking like a rare event.LOOKSUSD looks like it is about to break out...
MACD bullish divergence about to crossover, and a imminent triangle breakout appears to be set in place as it nears the apex.
Watch for a failure breakdown too, still possible.
For now, leaning towards a breakout 70:30.
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)
LOOKS - Possible way - UpdateUpdate
After the FOMC Meeting from 4 May, #BTC doing it well
Still great potential for $looks 🚀🚀🚀 if #BTC pumps
The chart is a bit overloaded, but has the sub-cycles with the price ranges
However, one should also be cautious at the moment, so I am neutral, but long-term bullish
Not financial advice, just my opinion
LOOKS - Possible wayUpdate
Great potential for $looks 🚀🚀🚀 if #BTC pumps
The white chart pattern may a possible way for a cyclic repeating. See white box and white pattern.
Red and cyan dot lines show the subcycles.
If you want to support me, like, share, comment :-)
Not financial advice, just my opinion
#LOOKS/USDT 1HOUR UPDATE BY CRYPTOSANDERS Hello, welcome to this LOOKS /USDT 4hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS :
#LOOKS/USDT
As we can see in the above-mentioned chart that LOOKS just triangle pattern and currently moving down to retest so at the green zone or the upper trend line we can take a long position for almost 120% in the upcoming days.
Entry:- CMP and $1.39
Traget:- 120%
Stoploss:- $1.30
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
LOOKS, short-term 150% profit marginLOOKS, is currently oscillating and consolidating in the 1-1.05 area.
If it breaks above, it is expected to quickly pull up to the 1.18-1.25 area above.
There are 1.37 and 1.5 above the short-term pressure.
The midline pressure area is 3-4, and it will hit a record high of 7 or more after the breakthrough.
Operation suggestion:
-Spot goods. The current price is 1-1.05 for small funds to enter the market, 0.95 for stop loss, 1.18 1.25 1.36 1.5 to release the principal in batches, and the profit stays for a long time.
-contract. The current price is 1-1.05 to enter the market, 0.95 to stop loss, and after 1.18 to 1.25 is divided into pockets, the opening price will protect the capital and stop the loss, or the profit will be transferred to the spot.
good luck!