At the moment Looks is taking a similar way like btc.
The black box and black bars only show how fast we could recover, if we take a similar way after the last price drop under the 2$ zone, but that all depends heavily on the overall crypto market at the moment and especially now much depends on btc.
In addition, according to Looks Tokenomics, new tokens have just been released, which can also have a strong impact on supply and demand in the medium term.
Therefore, one should be rather careful at this point.
Not financial advice, just my opinion.
Since I mostly only follow English accounts on Twitter, I also write here in English, so please forgive me my Google-Translator-English. (The message should still be clear)
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.