BEARISIH FUNDAMENTALS LOOKS LOOKS USDT has bearish fundamentals as its transactions volume decreases sharply
Short on Bybit
LOOKSUSDT
BYBIT:LOOKSUSDT
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LOOKSUSDT trade ideas
$LOOKS WEIRDSlight sequence I noticed on LOOKS.
Honestly nothing surprising to me, as I know algos control most of the volume in the market - however its nice to find the sequences before they play out once in a while.
"he who shorts first, shorts best."
Trading Signal For LOOKS/USDT
Trading Signal:
There is a Trading Signal to Buy in LOOKS/USDT
Traders can open their Buy Trades NOW
Bullish CRAB Pattern:
Entry: 1.6599
Stop loss: 1.369
TP1: 3.13
TP2: 4.19
What are these signals based on?
Harmony Pattern Technical Analysis & RSI
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Looks Elliot Wave Count Analysis Postulates a Macro Bottom!!Since conception, Looks has exhibited corrective price action in which from opening it came up in a 3 wave structure termed as W, we then came down in an ABC from the $7 high which gave the indication that an X wave correction was beginning to the downside and after a x sub wave completion $5.8 we then came down in a 5,3,5 structure to complete the y sub wave of the larger X wave; we now find ourselves at a likely bottom finding support and strong buyers at the ~1:1 fib extension of the W sub wave. With strong reversal candles and also a lower time frame 5 wave structure we can assume a new trend is forming to the upside.
Looking into the future; it would be expected to see a further Macro Y wave to the upside of a similar nature to previous waves in a 5,3,5 zig zag structure towards the 8-10$ range.
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This Elliot Wave Pattern indicates a possible trend change. LOOKS may have bottomed out at around $2.5.
The Elliot Wave Theory also suggests that price has just completed its "5th" and final wave which indicates a possible trend change up long. Might be a good idea to stack up some more LOOKS before price jumps.
Disclaimer: This is not financial advice. Do your own research and only invest in what you can afford to lose.
LOOKSUSDT LOOKS GOOD!LOOKSUSDT LOOKS GOOD!
Price formed 4h Bullish Engulfing candle
and My friend told me that the trading volume
of the NFT in Looks is good
Invest some Looks!
$LOOKS bullishA lot of selling has been going on, but by trend, should go up, and then retest before breaking trend. We should be looking bullish really before end of February. Lets go
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 looks great again!Looksrare is setting up multiple squeezes again and established nice support trendline. Wait for a pull back to my buy zone in the next few hours. My near-term price target is $5.
I think we've come close to the bottomStandard Wycoff distribution crashing structure, we will likely set a low below $3.24 set back at wave 5. Then we can expect some grinding after an initial push up around the 200 MA (15 min chart) Wycoff accumulation at this level.
I think we'll see a new ATH in the future, be it another month or, perhaps, longer.
NFA
Short Looks/usdtbased on ytd daily chart, the candlestick is bearish engulfing. it is a strong sell signal for short term.
can consider to short it if the price unable break above 5.8 with good effort volume.
price are expected ranging in a box range 5.2 to 5.8 in short term period before deciding their direction.
considering the bearish factor of btc trend and the uptrend of btc.d, altcoins will having heavy impact on shorting in this few weeks time..
Looks Rare Looks Great!Looks rare has multi time frame squeezes and about to breakout to the upside. Wait for the pull back to my buy zone at the resistance trendline turning to support line. With the current money flow and squeezes firing to the upside, we may see my first price target of $7
WILL LOOKS/USDT CONTINUE IT'S UPTREND? LOOKS/USDT ASCENDING TRIANGLE BREAKOUT
Support: $6.55/ $6.25 /$6.00/ $5.75/$5.45/$5.05 /$4.75/$4.25/ $4.00/ $3.75/ $3.50/ $3.00
Resistance: $7.00/$7.50/ $8.00 /$8.40/$9.00
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
LOOKS/USD LONG & SHORT SET UPSupport: $4.25/ $4.00/ $3.75/ $3.50/ $3.00
Resistance: $4.80/ $5.45/ $6.00/ $6.25
