#ILV
The price is moving in a bearish channel on the 12-hour frame and is sticking to it well
The price rebounded well from the lower channel border at the green support level 87.00
Some minor correction is expected before completing the rise
We have a tendency to stabilize above the Moving Average 100
We are oversold on the RSI indicator and we have a...
#ILV
The price is moving in a downward channel on a 4-hour frame, about to break upward
The green area is a very strong support area and the price rebounded from it at the price of 100
We have a downtrend on the RSI indicator about to Occur. The fraction is up
We have a higher stability than Moving Average 100
Entry price is 134
The first goal is 145
Second...
#ILV
The downward channel was breached on a 1-day frame
We have touched an uptrend that was previously broken and thus acts as resistance
We expect a small correction before completing the upside
We have higher stability than Moving Average 100
Entry price is 91.50
The first goal is 101.21
The second goal is 108.36
Third goal 116.47
12h time frame
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ILV is correcting 40% since 59 days before. This correction could be see as a falling wedge, which is a potential continuation structure. If ILV can get support around 0.382 Fib Projection, that will allow us to find target with Fibs and structural resistance.
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TP: 134~146
SL: 57.8
ILVUSDT Technical Analysis Update.
ILV Price's breakout from its resistance zone with high volume after 500 days of ranging market
Expecting good up move coming days
Buy zone : Below 110
Stop loss : $70
Regards
Hexa
1h time frame
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ILV breaking the uptrend and creating a double top here.
It's good time to set up a trading plan which has great RRR.
TP: 44.8~45.42 / 43.9 / 42.22
SL: 48.635
1D time frame
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ILV creating falling wedge and consolidating around historic bottom.
Breakout and retest is tining to take entry which has great RRR.
TP: 93~106
SL: 37
1D time frame
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ILV creating a potential symmetrical structure.
49.5 is a good entry to open long.
Try this great return and low risk plan!
Target: 120
SL: 43.4
Hi dear friends, hope you are well and welcome to another new trade setup of Illuvium ( ILV ) with US Dollar pair.
Recently we caught more than 167% pump as below:
Now on a daily time frame, ILV has formed a bullish BAT pattern for another price reversal move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow...
Formed Descending Channel In daily timeframe Also Building Up For massive breakout
Once breakout Confirmed will fly towards As Midterm Target 75 then 150$
