LOOKS token to print a 10,000% move?

On the above 4-day chart price action has corrected 99% since January 2022. A number of reasons now exist to be long, including.

1) Price action and RSI resistance breakouts.

2) Multiple oscillators print positive divergence with price action. The higher the time frame you go the stronger the divergence.

3) While the market has been in full panic mode volume has only increased on this token. I don’t know why. Every sell off is met with a large volume increase.

4) Not listed on major exchanges. Get in before crowd.

5) The falling wedge forecast. The forecast is measured from the highest to the lowest touch points. (Red circles). This is how a target from a wedge is forecast.

Is it possible price action continues correcting? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6%
Timeframe for long: Yesterday
Return: 100x

Trade active

Comment:

Double GRM support confirmation.
The trolls said it was a bad long entry after a 0.3x return on a 100x idea ;-)
The scarcity mindset in action, a sight to behold.

Comment:

1x down, 99x more to go.

Is now the time to FOMO? For 90% of market participants, yes.

Trade active:

Strap up strap on.. oh that came out wrong, let's just go with seat belts fastened.

Past resistance confirms support.

Trade active:

A very reliable chart pattern. Do you know what it is?
Can you see why a 150% move is about to print?


3-day

Comment:

150% move mentioned in last comment has now printed.
Can you tell what comes next?
There's a huge clue in the weekly chart, look left ;-)

Comment:

Well done if you figured out the last update, a correction was expected.

Past resistance now confirms support. You're out of luck if you joined the 90% selling below, the next high will be higher than the last high.

Trade active:

Did you see what the weekly chart is printing?

As with many alt-tokens, last week I'll wager will go down as one of the best "buy the dip" moments of 2024.

Comment:

Sellers still trying to ski uphill I see. Will they ever learn?

Comment:

Looks like there's a 40% drop on the cards. Might be a good long entry afters.
Really is a fire sale. Everything must go!