#LOOKS/USDT 1D (ByBit) Falling wedge breakout

Looks 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: @TradingOn

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/

Trade closed: stop reached:

⚡️⚡️ #LOOKS/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (1.6X)
Amount: 5.1%

Entry Zone:
0.06400 - 0.05740 ✅

Stop Targets:
1) 0.04620 ✅

🛑#LOOKSUSDT 1D (#ByBit) SL hit with -1.0R

LOOKS definitely did not go as planned, even though it tried to break-out last week, got rejected right away leading to a new ATL.