LooksRare *LOOKS Token* looks good :) Resistance and support levels wait breakout to buy 2% margin stop loss
When we compare the $LOOKS chart to $ICX we can see an almost identical strucutre where $ICX had a double bottom and rebounded massively. $LOOKS is showing a double bottom pattern and the downtrend is likely over.
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.
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 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...
LOOKSUSD (1H Chart) Technical analysis update LOOKS/USD currently trading at $4.53 Formed Head and shoulder pattern in 1h chart Buy level: Above $4.60 TP 1: $5.00 TP 2: $5.50 TP 3: $6.00 TP 4: $7.00 Stop loss:$4.00 Max Leverage: 1x or buy it on spot market.