LOOKSUSD
LOOKSRARElooks token, shilled incessantly on twitter for a few months and its finally capitulated
printing a bullish divergence with the OBV and RSI
preeeetty sure thatll be the bottom in there
as the usecase for this is real and gas fees on opensea are fkt in comparison
150% back to the .618
it was an airdropped token to beginwith
so the profit takers appear done here
bullish from here imo
LOOKS to pull back to test previous resistance line as supportLOOKS seems to be pulling back to previous resistance trendline to test it as support. With multiple squeezes forming, this may create a good re-adding opportunity since we took profits previously. My first price target is to $7 from here.
$looksrare not just a flash in the pan #opensea competitor #NFTFor much of 2021 OpenSea was the market leader in the nascent NFT space…trading volume in several sought after projects serve to ensure that the revenue generated as well as venture capital interest increase. Most recent reports points to a 300.0M raise pushing value to $13.0B +/- one wonders why the need to raise cash if you are sitting on a cash machine. But that is the story for another time. Yet while the good times roll…OpenSea committed the #1 faux pas…failing to provide a support base for its stake holders.
see review on substack
LOOKS/USDT ASCENDING TRIANGLE BREAKOUT LOOKS/USDT ASCENDING TRIANGLE BREAKOUT
Support: $5.45/$5.05/$4.75/$4.25/ $4.00/ $3.75/ $3.50/ $3.00
Resistance: $5.75/$6.00/ $6.25/ $6.55/$7.00
An ascending triangle is a chart pattern used in technical analysis .
It is created by price moves that allow for a horizontal line to be drawn along the swing highs,
and a rising trendline to be drawn along the swing lows.
The two lines form a triangle. Traders often watch for breakouts from triangle patterns