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...
1D 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
12h 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
Thank you for reading this update. Depending on our study we see that LOOKS has a good chance of volume increase. This updates depending on day trade, And the market should confirm with time the right market way. #Nottradingadvice
There is a resistance in the box that can be a little annoying If it passes, the above targets are available The first support point is the green box and then two green lines
1D 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
2h 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
Lower 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...
I 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...
Past 15 Days, Up 60% Needs To Pullback to Cooldown PT #1 : 0.194 PT #2 : 0.177 PT #3 : 0.161
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...
looks squeezy to me 50ish % on 1d to 100ema 177% to 200ema this still pays staking interest in eth so bullish eth essentially means bullish looks barring some exploit looksrare has nice ui and good meme potential aswell obv also looks consolidated and ready for a push up
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.
At 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...
Update 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
Update 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
Currently #looks and #btc are most time similar. I think these price ranges are very important and if #btc could playout a bull run in the next few days, #looks could do the same. Not financial advice, just my opinion
triangle, could get move either way, more chop into apex and then larger move should come