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

تم فتح الصفقة

تعليق:

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.

تعليق:

1x down, 99x more to go.

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

تم فتح الصفقة:

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

Past resistance confirms support.

تم فتح الصفقة:

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


3-day

تعليق:

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 ;-)

تعليق:

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.

تم فتح الصفقة:

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.

تعليق:

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

تعليق:

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!

تم فتح الصفقة:

In the last update it was written "Look like there's a 40% drop on the cards"
Was closer to 50%

And today? Today it looks like price action is about to move up 150% as past resistance confirms support.