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LOOKSUSDT Perpetual Contract

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LOOKSUSDT.P trade ideas

#LOOKS/USDT 1D (ByBit) Falling wedge breakoutLooks Rare finally regained 20EMA support and seems ready to push towards 100EMA resistance. ⚡️⚡️ #LOOKS/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (1.6X) Amount: 5.1% Current Price: 0.06390 Entry Zone: 0.06400 - 0.05740 Take-Profit Targets: 1) 0.07835 2) 0.09165 3) 0.10490 Stop Targets: 1) 0.04620 Published By: @Zblaba BSE:LOOKS #LOOKSUSDT #LooksRare #NFT Risk/Reward= 1:1.2 | 1:2.1 | 1:3.0 Expected Profit= +46.5% | +81.6% | +116.5% Possible Loss= -38.9% Estimated Gaintime= 1-2 months looksrare.org
Long
by TradingOn
🪙 LOOKSUSDT SHORTType: Short/Bybit Leverage: 10x-20x Position : 2% R/R : 4.7 🟢 Entry 0.1710-0.1735 *Spread entries across zone* TP areas 1) 0.1640 2) 0.1565 3) 0.1505 *any remaining position to be closed based on chart* ❌ SL 0.177 I am trying to catch a short on Looks but at this moment, with OI (Open interest) increasing and funding rate taking a deep dive, seems most of the OI is in shorts, and I feel there is a chance they might get squeezed. Our short is likely to get activated if that squeeze happens. If we don't get the squeeze, there is no loss as this trade will not get active. The only risk is a big manipulator pumping it to 0.2 and hence the SL at an 3% unlevered loss to protect capital.
Short
by Blizzard_Trades
1
LOOKS/USDT overview Hey, And last one for today is going to be an LOOKS/USDT pair. So we don't know much about this project just that it is marketplace for NFT's. But we are here to look from technical side so first thing we see is "Three Black Crows" pattern which works as one bearish confirmation and at the same time we are sitting at the support zone which also have not formed yet fully. So if there would not be any good news for this marketplace we don't see much of a spike on this coin (at least not like some other coins might have soon) Price is currently sitting at support level which is also the lowest level it has had so hard to tell where could be the bottom. If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team 🔱 Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Short
by SwallowPremium
9