$LOOKS Daily Chart

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I still believe LOOKSRARE is a platform that can have incremental and organic user growth and ultimately become an NFT marketplace with 30%+ market share. I really like the changes the developers have been doing, and how active they are, and OpenSea continues to shit the bed in diverse ways (e.g recent hack). If the traditional markets and the crypto market are in fact going through a bullish divergence then I find this daily chart to look quite good for LOOKS to start retaking some key levels (first break 2.12 and leave this range).

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تعليق

Day after I posted this: LOOKS getting really close to 2.12 (2.07 at time of writing) and OpenSea delisted another big collection PudgyPenguins on the back of their terms of service update. People mad on Twitter about it and the narrative just keeps getting more bullish for LOOKS (WETH auto compounder next week confirmed which also brings more buy pressure).

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تعليق

LOOKS exploding right now 2.20 as it leaves the accumulation range I mentioned

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تعليق

LOOKS at 2.31 at time of writing, continuing a very strong trend and WETH auto compounder was enabled today which seems to be already providing some strong buy pressure on the token.