Get started
LooksRare
Long

LooksRare to Break Out Soon

By Hackfin
It appears that LooksRare has formed a new support level between $1.30 - $1.50. Assuming that Bitcoin can hold its current support at $38,000 and move upward this weekend or beginning of next week, look for LooksRare to break through the resistance line and make a solid move upward. Keep an eye on the strength of its RSI index when compared to BTC. As indicated by my 2nd chart, it has performed very well while establishing this current support level.
Chart PatternsTechnical Indicatorslookslooksrare
Hackfin

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.