LooksRare (Huobi: LOOKSUSDT) has broken out of the triangle pattern in the four-hour chart.
Elliott Wave Analysis
In Elliott Wave terms, LOOKS began a red wave one advance on February 24. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 2 and the red wave two (blue sub-waves a-b-c) correction ended on March 13. If this wave count is correct, LOOKS should be heading next towards the March 2 peak in the red wave three.
Funnymentals
LOOKS is the token powering LooksRare, a community-focused NFT marketplace that actively rewards traders and creators for participating. Crypto Maniac reviewed the project two months ago.
(Sources: https://looksrare.org/)
How Will LooksRare Trade?
LooksRare (Huobi: LOOKSUSDT) four-hour chart by Tradingview.
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
LOOKS will takeout the March 2 peak
LOOKS will drop below the February 24 low
LOOKS will stay in a trading range between the February 24 low and the March 2 peak until April 22