Droz_TA

ILV / USDT 1H - Head and shoulder pattern

BINANCE:ILVUSDT   ILV / TetherUS
Looks like ILV / USDT is forming a head and shoulder pattern. According to perfect theory, there's a significant likelihood that the price will go down to the neckline. If this happens, pay close attention to whether the price will penetrate the neckline (if so, big downside potential) or bounce off it.

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I keep it simple and clean!
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Trade safely!

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About Illuvium:

"Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted as the first AAA game on Ethereum , Illuvium looks to provide a source of entertainment to both casual gamers and hardcore DeFi fans through a range of collecting and trading features."
Source: Coinmarketcap

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