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
